COLOMBO: Amidst rising pressure from India to respect the tripartite agreement signed between Sri Lanka, India, and Japan for the development of the East Container Terminal (ECT) at the Colombo Port, the Sri Lankan government is in the process of making a new proposal for the Cabinet-approved West Container Terminal (WCT) instead. The new proposal […]Read More
COLOMBO: The Ceylon Petroleum Corporation (CPC), the Sri Lanka Ports Authority (SLPA) and the Lanka Indian Oil Company (LIOC) will be partnering to develop a selected land area in Trincomalee as a “South Asian Petroleum Hub” for petroleum and natural gas, where 24 new oil storage tanks would be constructed. CPC Chairman Sumith Wijesinghe told […]Read More
COLOMBO: A committee formed by Sri Lanka’s Ministry of Ports and Shipping will begin discussions pertaining to development of the West Container Terminal (WCT) today. Secretary to the Ministry of Ports and Shipping U.D.C. Jayalal told The Morning yesterday that the committee will discuss the proposed shareholding split of 85-15 in favour of India. This […]Read More
NEW DELHI: India’s tough neighbourhood isn’t just about the permanent irritants—Pakistan and China—but also about countries like Nepal, Bangladesh and Sri Lanka that keep giving anxious moments if not more. Be it Nepal’s dalliance with China, the ‘terminal’ trouble and growing Chinese presence in Sri Lanka or the fear of radicalization in Bangladesh, India needs to […]Read More
COLOMBO: It has been a week since the Sri Lankan Government changed its plan to offer 49 per cent stake in the East Container Terminal (ECT) of the Colombo Port to India, specifically its giant conglomerate Adani Group, reneging on a tripartite agreement signed with India and Japan in 2019. The Indian Government has not […]Read More
NEW DELHI: Something’s not right in Sri Lanka’s handling of the East Container Terminal project, which India was to develop under a Memorandum of Cooperation(MoC) signed in 2019. Pressure from the port unions and ruling party politicians appears to have derailed it. Colombo has now offered India the West Container Terminal project, which does not […]Read More
COLOMBO: The Government of Sri Lanka (GoSL) is set to offer 85 per cent stake in the West Container Terminal of the Colombo Port to India in order to retain 100 per cent ownership of the East Container Terminal (ECT), The Morning has reliably learnt. The shareholding has been split this way to allow India […]Read More
NEW DELHI: India’s External Affairs Minister S Jaishankar conveyed two messages to his Sri Lankan hosts at the end of his three-day visit to Colombo. The first was on the 13th amendment devolving power to the provinces, which is seen as guaranteeing the rights of the Tamil minority. But some ruling party ministers and the […]Read More
NEW DELHI: A little known regional security arrangement bringing together the national security advisers of India, Sri Lanka and the Maldives has met in Colombo. The revival, after a gap of six years, was at India’s initiative and appears at least partly driven by Delhi’s concerns about China’s expanding profile in the Indian Ocean, and […]Read More
NEW DELHI: India’s National Security Adviser Ajit Doval is scheduled to travel to Sri Lanka’s capital Colombo on Friday and Saturday to carry forward the recent momentum in India-Sri Lanka relations, exactly a year after Gotabaya Rajapaksa was elected President in the island nation. On top of the agenda during Doval’s two-day visit is the revival […]Read More
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