UK signs deal to hand over Chagos Islands to Mauritius
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The British government has handed control of the strategically significant Chagos Islands to Mauritius, after the controversial move survived an eleventh-hour legal challenge and months of criticism on both sides of the Atlantic.
In a treaty to “complete the process of decolonisation of Mauritius”, the Government has agreed to pay at least £120 million-a-year for 99 years for control of the vital Diego Garcia base, plus hand over £1.125 billion for economic development over a 25-year period.
A British court halted the UK's plan to transfer sovereignty of the Chagos Islands to Mauritius. This move came before an impending agreement signing, due to concerns from displaced Chagossian residents.
Regtechtimes on MSN11h
UK strikes £101m-a-year strategic deal despite Chagos backlashHistoric Decision Transfers Control to Mauritius The UK government has reached a major agreement to transfer sovereignty of the Chagos Islands to the island republic of Mauritius. As part of the deal,