Handover of Kishma and Ormus: Difference between revisions

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Line 1: {{Infobox event\|name=Handover of ~~Hong~~Kishma ~~Kong~~and Ormus\|image=RTL_UK_Persia_Kishma_Ormus.png\|image_size=220px\|caption=~~Flags~~Kishma ofand ~~the~~Ormus ~~[[United~~(dark ~~Kingdom]]~~red) ~~and~~within [[Persia]] (light red)\|date=May 1, 1984\|time=00:00, Persian time\|location=Kishma and Ormus\|participants={{flagicon\|PER}} [[Persia]]<br />{{flagicon\|GBR}} [[United Kingdom]]}} The '''Handover of Kishma and Ormus''' from the [[United Kingdom]] to [[Persia]] took place at midnight on May 1, 1984, ending 300 years of British rule that began in 1684. This significant event occurred against the backdrop of waning [[Russia\|Russian]] influence in Central Asia and the rise of Persia as a regional power. Kishma and Ormus were reintegrated into Persia as a semi-autonomous unit, with legal protections for existing British companies, including the largest, ''Kishma Royal Petroleum Ltd''., in which Persia was given a stake. The islands were also designated as a free trade zone. == Background == Line 16 ⟶ 18: * Kishma and Ormus were to be semi-autonomous within the Persian Kingdom. * The islands were designated as a free trade zone, encouraging international trade and investment by offering tax exemptions, relaxed regulations, and ~~ecoomic~~economic incentives. * British companies were allowed to continue operating on the islands, and British institutions and businesses were legally safeguarded by the Persian government. * ~~limited~~Limited British naval presence in Kishma and Ormus. == See also == Line 24 ⟶ 26: * [[Persia]] * [[Decolonization]] {{Timeline and Lore}}