Sri Lanka Revives Port Deal with India, Japan Amid China Concerns

0

Sri Lanka’s President Gotabaya Rajapaksa has announced the revival of an Indian and Japanese investment project to develop a deep-sea terminal in Colombo harbour, next to a controversial $500m Chinese-run container jetty.

A tripartite deal by Sri Lanka’s previous government had been on hold amid trade union resistance but Rajapaksa on Wednesday said the East Container Terminal (ECT) would proceed. Read More…


Spread the love

LEAVE A REPLY

Please enter your comment!
Please enter your name here