BAGHDAD  —  The United States handed over control of the Green Zone and Saddam Hussein’s presidential palace to Iraqi authorities on Thursday in a ceremonial move described by the country’s prime minister as a restoration of Iraq’s sovereignty.

At a ceremony marking the transition, Nouri al-Maliki said he will propose Jan. 1 be declared a national holiday to commemorate what he called “Sovereignty Day” — the day Iraq took the lead in security away from U.S. forces, regained control of its airspace and reclaimed a wide swath of Baghdad’s heavily fortified Green Zone.

The area that became known as the Green Zone on the west bank of the Tigris River was occupied by the United States shortly after the 2003 U.S. invasion and walled off from the rest of the city.

Also on Thursday British forces handed over control of Basra airport, its main military base in southern Iraq, to Iraqi officials, AFP reported. British forces are scheduled to be out of Iraq by the end of July.

(Fox News)