Sri Lanka

Sri Lanka to Allow India to Develop Trincomalee Port to Counterbalance China

Prei Dy   | Apr 19, 2017 09:08 AM EDT

Sri Lanka is aiming to counterbalance China's presence in the island nation as it will allow India to develop its Trincomalee port. The island nation has reportedly prepared a memorandum of understanding (MoU) for the joint development of the project, and India's Prime Minister Narendra Modi would likely sign it during his visit to Colombo. read more

China Could Divest 20% of Sri Lanka's Hambantota Port Deal in 10 Years

Prei Dy   | Mar 24, 2017 06:54 AM EDT

China could give up 20 percent of the initial shareholding of the proposed Hambantota port joint venture within a decade to allow others to buy the shares, a minister revealed on Wednesday. read more

Chinese Investors' Patience 'Running Thin' as Hambantota Port Protest Continues: Envoy Yi Tells Sri Lanka

Prei Dy   | Feb 16, 2017 04:17 PM EST

China's envoy to Sri Lanka Yi Xianliang has warned that Chinese investors planning to set up a Chinese-funded Economic Zone could run out of patience if the agitation over the Hambantota port acquisition continues. read more

China Prohibited From Conducting Military Activities, Setting up Bases in Hambantota Port: Sri Lanka Ambassador

Prei Dy   | Feb 06, 2017 07:18 AM EST

China will not be allowed to conduct military activities or set up a military facility at the Hambantota Port, Sri Lanka's ambassador said on Saturday. read more

Sri Lanka’s Rajapaksa Speaks Out over Opposition Against China's Hambantota Port Project

Girish Shetti   | Jan 12, 2017 08:27 AM EST

Former Sri Lankan President Mahinda Rajapaksa on Wednesday finally spoke over his opposition against the Chinese-funded project in the port city of Hambantota, adding that he is merely against the unfriendly terms and conditions included in the deal's agreement. read more

Sri Lanka Signs Agreement to Sell 80% Hambantota Port Stake to China

Charissa Echavez   | Dec 08, 2016 11:20 PM EST

Sri Lanka signed an agreement in principle on Thursday to sell at least 80 percent of its deep-water port on the country's southern coast, near the world's busiest sea lanes, to a Chinese state-backed firm, according to The Wall Street Journal citing senior officials. read more

Sri-Lanka Warns China Over Media Comments

Steve M.C.   | Nov 09, 2016 11:12 AM EST

Sri Lanka on Wednesday issued a stern warning to China over Chinese ambassador in Colombo, Yi Xianliang, comments about the financial relationship between the two countries. read more

Sri Lanka to Sell 80% Hambantota Port Stake to a Chinese Firm

Charissa Echavez   | Nov 01, 2016 06:50 AM EDT

Sri Lanka is set to sell an 80 percent stake of its Hambantota port in its south to a Chinese company, an attempt to cut its debt burden, Ravi Karunanayake, the country's finance minister, said. read more

China and India may Collaborate to Build Colombo Financial City

S. Rina   | Oct 12, 2016 10:16 PM EDT

China has invited India to collaborate in building the Colombo International Financial City in Sri Lanka. read more

China, Sri Lanka Agree to Replace Controversial 'Colombo Port City' Deal, Sign 'Modified' Version

Som Patidar   | Aug 14, 2016 09:09 AM EDT

China and Sri Lanka have agreed to replace a controversial agreement for the construction of a new port city in Sri Lanka's capital Colombo. read more

China Asks for 15,000 Acres of Land in Sri Lanka for Special Economic Zone Project

Girish Shetti   | Jul 28, 2016 05:35 PM EDT

China has requested 15,000 acres of land in Southern Sri Lanka to create a Special Economic Zone (SEZ), Sri Lankan newspaper Daily Times reported. read more

Sri Lanka vs England 1st ODI Live Stream: Match Preview, Prediction, Lineups, Team News, Cricket Scores and Videos

Som Patidar   | Jun 21, 2016 12:47 AM EDT

Watch the live stream of the England vs Sri Lanka One Day International (ODI) cricket match at 2 p.m. local time BST (6:30 p.m. IST) on June 21, 2016. read more

Sri Lanka vs England 3rd Test Live Stream: Match Preview, Prediction, Line ups, Cricket Scores and Videos

Som Patidar   | Jun 07, 2016 06:59 AM EDT

Watch the England vs Sri Lanka 3rd cricket Test match live at 11 a.m. BST local time (10 a.m. GMT) on June 9, 2016. read more

Japan to Offer 2 Patrol Ships to Sri Lanka to Counter China’s Growing Influence in Indian Ocean

Girish Shetti   | May 29, 2016 09:12 AM EDT

Japan on Saturday said that it will provide two patrol vessels to Sri Lanka to boost the latter's maritime security. The announcement was made after Japanese Prime Minister Shinzo Abe and Sri Lankan President Maithripala Sirisena held a bilateral meeting in Nagoya, Japan. The Sri Lankan President and Bangladesh Prime Minister Sheikh Hasina are currently in Japan to attend an outreach meeting held as part of the G7 Summit. read more

Sri Lanka Gives Green Light to Chinese Company to Build Major Port Project

Girish Shetti   | Mar 11, 2016 09:34 AM EST

Sri Lanka has granted permission to Chinese company 'China Communications Construction' to build a vast "port city" in the island's capital city of Colombo after the project was suspended by Sri Lanka's President Maithripala Sirisena last year. read more

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