Portugal's last overseas and Asian colonial territory, Macau, was peacefully handed over to the People's Republic of China (PRC) on 20 December 1999, under the 1987 joint declaration that set the terms for Macau's handover from Portugal to the PRC. In 2002, the independence of East Timor (Asia) was formally recognized by Portugal, after an incomplete decolonization process that was started in 1975 because of the Carnation Revolution, but interrupted by an Indonesian armed invasion and occupation.