Sovereignty for cash? The Saudi-Maldives island deal making waves | Middle East Eye - 0 views
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It’s one of the world’s top tourist destinations, with more than a million scantily clad foreigners enjoying its glistening white beaches and crystal clear waters each year.Later this month, the Indian Ocean state of the Maldives – particularly popular with honeymooners – is scheduled to play host to a very different kind of visitor when King Salman bin Abdul Aziz of Saudi Arabia arrives for official talks and a holiday. Top of the agenda in talks with the government in Male, the Maldives small, cramped capital, is likely to be a $10bn Saudi investment project, believed to include the Saudi purchase or long-term lease of a string of 19 of the island state’s coral atolls.
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“international sea sports, mixed development, residential high-class development, many tourist resorts, many airports and other industries"
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“The plans would allow a foreign power control of one of the country’s 26 atolls. It amounts to creeping colonialism.”
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