The Near East Free Zone:
The White and the Persian icon symbolizes hormuz, the blue is French Somalia(Djibouti), and the light blue is Aden(South Yemen). the red is the Suez Canal, and the 4 star are the four parts of the free zone
The Near East Protectorate, the precursor to the Middle East Free Zone was formed out of the European colonies of the port of Aden, the island of hormuz, French Somalia and the Suez Canal Zone. It was formed after the failed nationalization and seizure of the Suez Canal Zone, which the Israeli, French, and British stopped at great expense to their standing in the international community. The United States and the Soviets Union severely economically punished the trio, and they would have to adopt a new policy to avoid economic disaster. They would reorganize the Suez Canal company into the Near East Logistics Company (NELC), with each power holding a 20% stake in the company plus 40% publicly traded (mostly owned by local leaders and bureaucrats as bribes to keep them loyal. The NELC would then take over many functions of government through contracts and business deals, de-facto putting it in control of the trio, but it was independent, for the UN, USSR, and USA at least. during the oil crisis the NELC would see the departure of the French and their 20% of the stock as they pulled out to appeal to anti-Israeli forces. The British would also pull out during the 80s, during the thatcher administration. The 80% of publicly traded stock was bought up and eventual consolidated under the international BlackRock investment corporation during the 2000s, and the NELC was made a full subsidiary of the BlackRock Corporation. The BlackRock corporation would expand into international arms dealing, leasing mercenary forces. and weapons manufacture. With the assistance of Israeli and Russian arms manufacturers, the BlackRock international security force (the BlackRock merchant group) would be armed with top of the line SU-57s, AK-74s, Merkava MK4s, and T90M tanks. The BlackRock corporation would disestablish all workers rights, free speech rights, and local property rights, seizing local property for corporate development, and establishing a complete monopoly on all industries. The uneducated masses were often trapped into debt slavery, and be forced to work in the many weapons factories, port facilities and corporate offices of the Middle East Free Zone. The BlackRock corporation exerted total control through notorious mercenary groups like blackwater, who were banned for use by US armed forces after a scandal in Iraq. The BlackRock corporation during the 2000s became much more powerful than in our timeline, holding media companies quiet through complicated corporate ownership and government and governments in check because they owned the strait of Hormuz, Djibouti, and the Suez, and could legally stop trade at any time. It became the largest corporation traded on the NYSE, and bought out most other investment groups after the FTC and EU equivalents turned a blind eye. In Russia they became a major political player, buying most of the defense industry in the post soviet period. The BlackRock CEO, Larry Fink, would be nominated the Middle East Free Zone ambassador to the UN.
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