By Saman Indrajith The country was expected to maintain an economic growth rate of 5 percent in the current year, according to the fiscal policy maintained by the Government, Money and Capital Market and State Enterprise Reforms, State Minister Ajith Nivard Cabraal said in Parliament on Tuesday. Cabraal said that even the tourism industry could […]
Sri Lanka’s Sweet Deal with China Underpins the Belt and Road Initiative
Colombo will serve as a potential foothold for expanding Chinese diplomatic and military presence in the Indo-Pacific region.
The Colombo Port City Economic Commission Bill came into force in Sri Lanka on May 27, 2021. The bill lays out the country’s legal framework regarding a flagship project scheduled to transform the seafront of its bustling capital city into a new port. Many have speculated that this plan will pave the way for the island nation strategically located at the crossroads of major shipping routes to South Asia, the Far East, Europe and America to blossom into the next Singapore or Dubai.
China building another enclave in Sri Lanka: Colombo Port City ANI | Updated: Jul 15, 2021 08:23 IST
Colombo [Sri Lanka], July 15 (ANI): China is building yet another enclave in Sri Lanka, Colombo Port City (CPC), raising concerns not only about its impact on local livelihood and traditional ways of being but even on the environment and the sovereign status of the land that would constitute the City.
As per International Forum for Rights and Security (IFFRAS), China seems to have found its gateway to the Indian Subcontinent in the island country of Sri Lanka, barely a few hundred kilometres from India s southernmost tip.
China building another enclave in Sri Lanka: CPC
15 Jul 2021, 13:18 GMT+10
Colombo [Sri Lanka], July 15 (ANI): China is building yet another enclave in Sri Lanka, Colombo Port City (CPC), raising concerns not only about its impact on local livelihood and traditional ways of being but even on the environment and the sovereign status of the land that would constitute the City.
As per International Forum for Rights and Security (IFFRAS), China seems to have found its gateway to the Indian Subcontinent in the island country of Sri Lanka, barely a few hundred kilometres from India s southernmost tip.
CPC is being constructed by reclaiming several hectares of land from the Indian Ocean to give China a strategic edge as part of its much talked about Maritime Silk Road.
How China Is Literally Turning Sri Lanka Into A Second Colony In South Asia After Pakistan? eurasiantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiantimes.com Daily Mail and Mail on Sunday newspapers.