Sri Lanka Port Deal
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Sri Lanka Confirms Major Debt Deal With China
The terms of the restructuring agreed upon will provide the space for Sri Lanka to implement its reform agenda.
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Adani Group Seals Deal To Develop Western Container Terminal At Colombo Port
Adani Group on Thursday sealed a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal.
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Scrapped Colombo Port Deal As Indian Firm Rejected Terms: Sri Lanka
Sri Lanka has said it scrapped the trilateral deal with India and Japan to develop the Colombo Port's Eastern Container Terminal (ECT) as the Indian firm involved in the project refused to agree to its new terms.
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India Stresses On Sri Lanka To Adhere To Commitments Over Port Deal
India on Thursday stressed the importance of Sri Lanka adhering to its international commitments relating to development of the East Container Terminal of the Colombo Port, days after the island nation cancelled a trilateral agreement for the project.
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"Abide By Commitment," Says India As Sri Lanka Pulls Out Of Port Deal
India said on Tuesday it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo's decision to pull out of the deal.
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Sri Lanka Revives Port Deal With India, Japan
Sri Lanka's President Gotabaya Rajapaksa on Wednesday announced the revival of an Indian and Japanese investment project to develop a deep-sea terminal in Colombo harbour, next to a controversial $500-million Chinese-run container jetty.
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Lanka President Rejects Military Deal To Allow US Access To Ports
Sri Lanka's President Saturday announced he will not allow his government to conclude a proposed military deal that would allow US troops free access to the island's ports.
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In Counter To China, India Scores Big Sri Lanka Port Deal With Japan
Sri Lanka Tuesday announced it is entering into partnership with India and Japan to develop a deep-sea container terminal next to a controversial $500-million Chinese-run container jetty in Colombo harbour.
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Sri Lanka Agrees Port Deals With China Amid Political Chaos
Sri Lanka signed two multi-million dollar contracts with Chinese firms for a port upgrade project on Thursday in the middle of a political hiatus that has raised doubts over the legitimacy of the government and the legality of the deals.
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Sri Lanka Hopes India Will Buy Into Airport Without Planes. China Refused
Sri Lanka has already sold China a port that gets almost no ships. The island nation now wants India to take control of an airport with no scheduled flights.
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India To Get Control Of Sri Lanka Airport Adjoining Port Given To China
India has agreed to form a joint venture with Sri Lanka to operate the country's loss-making Mattala Rajapaksa International Airport in Hambantota, their Civil Aviation Minister has told Parliament. The $210 million facility, 241km south-east of Colombo, is dubbed the "world's emptiest airport" due to a lack of flights.
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China Withholds $585 Million For Hambantota Port To Sri Lanka Over Dispute
China has withheld the Hambantota Port deal's final tranche of USD 585 million to Sri Lanka due to Colombo's objection over its plan to use a man-made island for entertainment purposes, a media report said in Colombo today.
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Sri Lanka Formally Hands Over Hambantota Port To China
Sri Lanka today formally handed over the strategic southern port of Hambantota to China on a 99-year lease, in a deal dubbed by the opposition as a sell-out.
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US Concerned Over Debt Burdens On Sri Lanka From Chinese Loans
The US has expressed concern over the "unsustainable debt-burden" on Sri Lanka due to non-concessional loans from China.
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Sri Lanka, China Sign $1.1 Billion Hambantota Port Deal
Sri Lanka today signed a US $1.1 billion deal to sell a 70 per cent stake of the strategic Hambantota port to China, amid concerns over the massive debt the island nation incurred in building the port.
-
Sri Lanka Confirms Major Debt Deal With China
The terms of the restructuring agreed upon will provide the space for Sri Lanka to implement its reform agenda.
-
Adani Group Seals Deal To Develop Western Container Terminal At Colombo Port
Adani Group on Thursday sealed a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal.
-
Scrapped Colombo Port Deal As Indian Firm Rejected Terms: Sri Lanka
Sri Lanka has said it scrapped the trilateral deal with India and Japan to develop the Colombo Port's Eastern Container Terminal (ECT) as the Indian firm involved in the project refused to agree to its new terms.
-
India Stresses On Sri Lanka To Adhere To Commitments Over Port Deal
India on Thursday stressed the importance of Sri Lanka adhering to its international commitments relating to development of the East Container Terminal of the Colombo Port, days after the island nation cancelled a trilateral agreement for the project.
-
"Abide By Commitment," Says India As Sri Lanka Pulls Out Of Port Deal
India said on Tuesday it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo's decision to pull out of the deal.
-
Sri Lanka Revives Port Deal With India, Japan
Sri Lanka's President Gotabaya Rajapaksa on Wednesday announced the revival of an Indian and Japanese investment project to develop a deep-sea terminal in Colombo harbour, next to a controversial $500-million Chinese-run container jetty.
-
Lanka President Rejects Military Deal To Allow US Access To Ports
Sri Lanka's President Saturday announced he will not allow his government to conclude a proposed military deal that would allow US troops free access to the island's ports.
-
In Counter To China, India Scores Big Sri Lanka Port Deal With Japan
Sri Lanka Tuesday announced it is entering into partnership with India and Japan to develop a deep-sea container terminal next to a controversial $500-million Chinese-run container jetty in Colombo harbour.
-
Sri Lanka Agrees Port Deals With China Amid Political Chaos
Sri Lanka signed two multi-million dollar contracts with Chinese firms for a port upgrade project on Thursday in the middle of a political hiatus that has raised doubts over the legitimacy of the government and the legality of the deals.
-
Sri Lanka Hopes India Will Buy Into Airport Without Planes. China Refused
Sri Lanka has already sold China a port that gets almost no ships. The island nation now wants India to take control of an airport with no scheduled flights.
-
India To Get Control Of Sri Lanka Airport Adjoining Port Given To China
India has agreed to form a joint venture with Sri Lanka to operate the country's loss-making Mattala Rajapaksa International Airport in Hambantota, their Civil Aviation Minister has told Parliament. The $210 million facility, 241km south-east of Colombo, is dubbed the "world's emptiest airport" due to a lack of flights.
-
China Withholds $585 Million For Hambantota Port To Sri Lanka Over Dispute
China has withheld the Hambantota Port deal's final tranche of USD 585 million to Sri Lanka due to Colombo's objection over its plan to use a man-made island for entertainment purposes, a media report said in Colombo today.
-
Sri Lanka Formally Hands Over Hambantota Port To China
Sri Lanka today formally handed over the strategic southern port of Hambantota to China on a 99-year lease, in a deal dubbed by the opposition as a sell-out.
-
US Concerned Over Debt Burdens On Sri Lanka From Chinese Loans
The US has expressed concern over the "unsustainable debt-burden" on Sri Lanka due to non-concessional loans from China.
-
Sri Lanka, China Sign $1.1 Billion Hambantota Port Deal
Sri Lanka today signed a US $1.1 billion deal to sell a 70 per cent stake of the strategic Hambantota port to China, amid concerns over the massive debt the island nation incurred in building the port.
