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Sri Lanka Cancels Colombo East Container Terminal Deal With India Under Trade Unions' Pressure, Offers 'Better Alternative' by M R Subramani - Feb 3, 2021 10:33 AM Sri Lankan President Gotabaya Rajapaksa. (Facebook) Snapshot On 28 January, Colombo Port’s 23 trade unions, backed by over 220 unions across the island nation, began a protest against the project being given to 'foreign' companies. However, a Chinese company, backed by the Xi Jinping government, operates an international container terminal at the Colombo harbour adjacent to the Eastern Container Terminal. The Gotabaya Rajapak...

Sir Lanka Prime Minister Mahinda Rajapaksa's office on Tuesday said that they scrapped the deal to develop a major port terminal with India and Japan amid weeks-long protests by trade unions and opposition parties.

Story highlights Japan has expressed "regret" after Sri Lanka scrapped 2019 deal with New Delhi and Tokyo for development of Colombo port's East Container Terminal Japan has expressed "regret" after Sri Lanka scrapped 2019 deal with New Delhi and Tokyo for development of Colombo port's East Container Terminal.  A Japanese embassy official in Delhi responding to WION' question, "expressed regret at the unilateral decision taken by Sri Lanka". Sri Lankan cabinet on Monday unanimously approved that the East terminal of the port will be developed solely by the Sri Lanka Port Authority (SLPA). M...

Moves to sell West Container Terminal draws flak Moves to sell West Container Terminal draws flak Written by Share: COLOMBO (News1st): The government is trying to sell off the Colombo Port’s West Container Terminal to suppress the opposition against giving away the East Container Terminal, a civic activist has said. “If a government cannot safeguard the national assets of a country, what’s the point?” Ven. Medille Pagngnaloka Thero, the general secretary of the Sinhale Organization told reporters on Tuesday. He insisted that the government must reveal the agreements signed with ...