Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery in its southern port city of Hambantota.
Sri Lanka's foreign policy has often been slammed for its lack of consistency, but rarely have such sentiments been voiced by those in power.Recently, Prime Minister Harini Nireka Amarasuriya acknowledged these shortcomings,
As China refines its strategy on the Indian Ocean island, it is posing a significant challenge to Japan’s long-held influence in Sri Lanka.
China has become a topic of discussion in South Asia over the past few days. Whether it is Sri Lankan President Anura Kumara Dissanayake’s state visit to China from January 14 to 17, during which he signed 15 MoUs;
Sri Lanka and China are ushering in a new chapter in bilateral relations,” Sri Lankan President Anura Kumara Dissanayake has said in an interview with Xinhua
The NPP government has announced that it is reviewing the Adani Group’s $442 million wind power projects in Mannar and Pooneryn.
Sri Lanka will not permit separatist sentiments against China and that China has pledged to intervene against any actions that harm Sri Lanka’s sovereignty and territorial integrity. During a media briefing yesterday (22), the minister elaborated,”The ...
Sri Lanka is on the precipice of both opportunity and risk and it is crucial that the Government charts a path that balances growth with debt sustainability ..
The new deals ‘signal a deepening of China’s influence in Sri Lanka’ and revive concerns of a debt trap, analysts say.
Xiong Hongfeng, a manager at China Harbour Engineering Co, said that the project, once completed, is expected to attract nearly $15 billion in foreign direct investment, increase the Sri Lankan government's fiscal revenue by $5 billion, and create over 400,000 high-quality local jobs.
Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec
Sri Lanka's foreign policy has often been criticised for its lack of consistency, but rarely have such sentiments been voiced by those in power. The Tribune, now published from Chandigarh ...