Latest News for: Indian leasing

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US, China and Diego Garcia’s suddenly uncertain future

Asiatimes 17 Jan 2025
That occurred when the Chagos Archipelago’s seven atolls separated from Mauritius in 1965, and the largest of them, Diego Garcia, was leased to the United States to house a major, highly secretive military base in the Indian Ocean.
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Sri Lanka inks $3.7bn-deal with Chinese oil giant

The Times of India 17 Jan 2025
... international petroleum corporation.' The refinery will have a capacity of two lakh barrels.China has secured the strategic Hambantota port in the Indian Ocean on a 99-year lease as a debt swap.
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Union Cabinet approves Aircraft Leasing Bill to Boost Indian aviation sector

Business Line 16 Jan 2025
Accordingly, the Bill will lower the leasing and financing costs of aircraft for Indian carriers, thereby also reducing airfares ... of commercial aircraft in India are leased.
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Indian Ocean Becoming Power Play Hotspot

MarineLink 16 Jan 2025
Britain struck a deal in October to hand control of the Chagos Islands to Mauritius, while retaining control under a 99-year lease of the military base on Diego Garcia, the largest island of the Chagos Archipelago in the Indian Ocean.
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Mauritius PM at centre of Chagos deal demands £3.2 million cash seized from his safe by police

The Daily Telegraph 16 Jan 2025
... a lease on the Diego Garcia military base ... The deal currently on the table would give Mauritius around £91m a year throughout a 99-year-long lease to keep the military base on the Indian Ocean island.
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UK is ‘mid-negotiation’ with Mauritius on Chagos Islands deal

AOL 15 Jan 2025
The UK struck a deal with Mr Ramgoolam’s predecessor to cede sovereignty over the Chagos Islands – also known as the British Indian Ocean Territory – but lease back the strategically important UK-US ...
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Mauritius is set to sign off Keir Starmer's surrender of the Chagos Islands TODAY - ...

The Daily Mail 15 Jan 2025
There are claims that the UK may even have 'caved in' to demands to halve the length of the 99-year lease planned so the vital Anglo-American military base on the Indian Ocean archipelago can remain ...
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The lawyer friend of Starmer at the centre of Chagos deal

The Daily Telegraph 15 Jan 2025
The Chagos islanders were expelled from the Indian Ocean archipelago, which is known as British Indian Ocean Territory, by the UK between 1967 and 1973 at the request of the US, which had leased land on Diego Garcia to build a military base.
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Mauritius to continue negotiations with UK over Chagos Islands handover

AOL 15 Jan 2025
The UK plans to hand over the British Indian Ocean Territory to Mauritius then lease back the strategically important military base on Diego Garcia, which is used by the US, at a reported cost of £90 million a year ... .
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Drishti 10 Starliner drone crashes off Porbandar ahead of delivery to navy

Hindustan Times 14 Jan 2025
The development comes four months after an MQ-9B SeaGuardian remotely piloted aircraft (RPA), leased by the Indian Navy from the US, ditched into the Bay of Bengal on following a technical glitch during a surveillance mission.
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U.K. and Mauritius say good progress made in Chagos Islands talks

The Hindu 13 Jan 2025
... lease — an agreement that needs to be ratified ....
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Chagos Islands: UK and Mauritius say ‘good progress’ made in talks

The Times/The Sunday Times 13 Jan 2025
Britain has offered to frontload payments to Mauritius totalling £9 billion across 99 years to lease back Diego Garcia. The remote island in the Indian Ocean is home to a critical US military base that ...
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UK and Mauritius say ‘good progress’ made in Chagos Islands talks

Hindustan Times 13 Jan 2025
Sir Keir Starmer’s Government is considering frontloading payments to Mauritius to sweeten the deal, which involves giving up sovereignty over the British Indian Ocean Territory and leasing back a strategically important UK-US military base.
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Strategic triangulation: India, China and Sri Lanka

Hindustan Times 12 Jan 2025
The Hambantota International Port, managed by a Chinese joint venture under a 99-year lease, has developed into a notable transshipment center in the Indian Ocean, particularly for automobile cargo.
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Starmer's October Surprise Chagos Give Away - Stumped by Trump's Triumph - Exploding on Him

Hot Air 10 Jan 2025
They include our remote air and naval base at Diego Garcia, for which the Brits have signed a 99-year lease ... of islands in the Indian Ocean after more than half a century ... 99 year lease sound familiar?.

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