Independence
Nauru became self-governing in January 1966. On 31 January 1968, following a two-year constitutional convention, Nauru became the world's smallest independent republic. It was led by founding president Hammer DeRoburt. In 1967, the people of Nauru purchased the assets of the British Phosphate Commissioners, and in June 1970, control passed to the locally owned Nauru Phosphate Corporation. Money gained from the exploitation of phosphate was put into the Nauru Phosphate Royalties Trust and gave Nauruans the second highest GDP Per Capita (second only to the United Arab Emirates) and one of the highest standards of living in the Third World.
In 1989, Nauru took legal actions against Australia in the International Court of Justice over Australia's actions during its administration of Nauru. In particular, Nauru made a legal complaint against Australia's failure to remedy the environmental damage caused by phosphate mining. Certain Phosphate Lands: Nauru v. Australia led to an out-of-court settlement to rehabilitate the mined-out areas of Nauru.
By the close of the twentieth century, the finite phosphate supplies were fast running out. Nauru finally joined the UN in 1999.
Read more about this topic: History Of Nauru
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