Former Kiribati President Cautiously Supportive Of Romanov Empire Deal

Tito: If what Russian businessman claims is true, monarchist movement could boost tourism

WELLINGTON, New Zealand (Radio New Zealand International, Jan. 27, 2017) – A former Kiribati president says a Russian monarchist's plans to revive the Romanov Empire in Kiribati could boost the country's tourism industry.

Anton Bakov, a businessman and the founder of Russia's Monarchist Party, wants to use three uninhabited islands in the Southern Line Islands.

Mr Bakov plans to set up a capital on Malden Island, where he will build hotels.

Teburoro Tito said the multi-million dollar project could benefit Kiribati by providing jobs and attracting tourists.

"Assuming the things they're saying are true, are correct, then I would like to see it happen. If they can do it, without any cost on us, except from the land which we can host them, then I don't see any fuss at this stage."

Teburoro Tito said he understands the project would inject $US120-million into the Kiribati economy over six-years.

The Government's Foreign Investment Commission is still considering the proposal.

Radio New Zealand International
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Comments

Can I ask why did the Cook Islands government turned down Anton's offer of a similar project back in 2011?

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