Advanced SearchPlease provide search keyword(s)
- Search results for Hambantota port
The Sri Lankan cabinet has formed a committee to go into the government’s latest proposal on the distribution of shares in the Sino-Sri Lankan joint venture.
Sirisena tells Chinese defense minister pacts with China will not harm independence and security of Sri Lanka
Sirisena’s assertive remark assumes significance in the context of the raging controversy over the 80 % stake to be given to a Chinese state-owned company in the Hambantota port.
Concerned about Sri Lanka’s lurch towards the US and the West, China is sending its Defence Minister Gen.Chang Wanquan to Colombo for a there-day trip beginning on Sunday.
The proposal comes in the wake of the Ports Minister Arjuna Ranatunga campaigning against the existing agreement on the port.
There is already a Sri Lankan naval base there, which, according to the agreement, will become a property of the joint venture company.
Pacific Partnership is the largest multinational humanitarian exercise, the embassy says.
Officials described Jaishankar’s visit as a routine one to keep himself abreast of the latest developments in the island nation, besides keeping track of the progress of existing Indian projects.
China is funding a 15,000 acre economic zone in Hambantota in the island’s south and is also going to take over 80 percent of the Hambantota Port as per a Framework Agreement.
Heavily indebted Sri Lanka needs the money, but payment for China's interests in Hambantota port could be delayed by several weeks or months
Sri Lanka’s fear of economic domination by ‘Big Brother’ India has now replaced the earlier bogey of a military threat
Ironically Rajapaksa who procured about USD 7 billion for Hambantota and other projects opposed the handing over of the port and land to Chinese.
There is a lot of support in Tamil-speaking North Sri Lanka for a road link with India because it will make travel to and fro much easier and cheaper.
Sri Lankan Regional Development Minister Field Marshal Sarath Fonseka’s comments that talks are on with India for developing the Trincomalee harbour has ruffled feathers in the island nation.
Critics of the present Sri Lankan government says it is eager to give Trincomalee harbor to India to balance the grant of stake in Hambantota harbor to a Chinese firm
China is now said to be investing in the Colombo port, an announcement that has caused discomfort to India.
Search results 1 - 15 of 36