Maldives parliament repeals law allowing foreign land ownership

A construction worker looks on as the China-funded Sinamale bridge is seen in Male, Maldives September 18, 2018. REUTERS/Ashwa Faheem/Files

MALE (Reuters) – The Maldives has cancelled a 2015 law that allowed foreigners to own land in the tropical islands, a move the government said addressed concerns about potential loss of sovereignty. Maldives, located near busy shipping lanes, has been drawn into a regional contest for influence after China stepped up infrastructure development, prompting a […]

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