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India-Sri Lanka Relationship Hits Roadblocks. Is China Playing Dirty Games in Indian Ocean?


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India-Sri Lanka Relationship Hits Roadblocks. Is China Playing Dirty Games in Indian Ocean?
In this file photo, Chinese President Xi Jinping (L) waves next to Sri Lanka s Prime Minister Mahinda Rajapaksa during an official welcoming ceremony at Bandaranaike International Airport in Katunayake. (Reuters/Dinuka Liyanawatte)
Recent developments such as Sri Lanka pulling out of a joint deal with India and Japan to develop the East Container Terminal at the Colombo port and the Central Bank of Sri Lanka returning $400 million currency swap facility, are affecting bilateral engagements.
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Two recent developments seem to have affected India’s relationship with Sri Lanka. Last week, Sri Lanka pulled out of a joint partnership agreement with India and Japan to develop the much-hyped East Container Terminal (ECT) at the Colombo port, sending shockwaves both in New Delhi and Tokyo. On the same day, the Central Bank of Sri Lanka (CBSL) returned US$ ....

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