In the 12th century Islam reached the Maldivian Archipelago, which was consolidated as a sultanate, developing strong commercial and cultural ties with Asia and Africa. From the mid-16th century, the region came under the increasing influence of European colonial powers, with the Maldives becoming a British protectorate in 1887. Independence from the United Kingdom came in 1965, and a presidential republic was established in 1968 with an elected People's Majlis
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The Maldives became a founding member of the South Asian Association for Regional Cooperation (SAARC). It is also a member of the United Nations, the Commonwealth of Nations, the Organisation of Islamic Cooperation, and the Non-Aligned Movement. The World Bank classifies the Maldives as having an upper-middle income economy.[15] Fishing has historically been the dominant economic activity, and remains the largest sector by far, followed by the rapidly growing tourism industry. The Maldives rates "high" on the Human Development Index,[16] with per capita income significantly higher than other SAARC nations.[17]