Sri Lanka scraps Japan-India port deal

Energy Daily

Published

Colombo (AFP) Feb 2, 2021

Sri Lanka said Tuesday it had pulled out of an agreement with Japan and India to develop a deep-sea container terminal viewed as an effort to counter China's growing influence in the region. The East Container Terminal in Colombo port is being built next to a controversial $500-million Chinese-run container jetty, and was to be developed as a joint venture - with India and Japan owning 49 p

Full Article