New Delhi: – Prime Minister Narendra Modi assured, ‘Confidence is seen in the leadership of Mahinda Rajapaksa. A new chapter in the India-Sri Lanka relations has started with his win. India will always give preference to Sri Lanka under the ‘Neighbourhood First’ and ‘Sagar’ policies.’ A virtual meeting was held between the Indian and Sri […]
Male: – India will be developing the strategically important Hanimadhoo International airport, in the Maldives. Following this, larger airplanes like the A-320 and Boing 737 will be able to land on this airstrip. This is considered to be a big and vital infrastructure project in Maldives. This will increase the connectivity between India and Maldives. […]
Male: – India disbursed an aid of USD 25 crores to the Maldives, on Sunday. India is providing this assistance to recover the Maldivian economy, which crashed due to the Coronavirus crisis. It was revealed that the Maldivian economy, entangled in the Chinese debt trap, was sinking. The Maldives fears that it will be in […]
Naypyitaw/Islamabad: – China has woken up from its slumber, with a start, after Myanmar cancelled specific Chinese Projects under the Belt Road Initiative. It has been revealed that Yang Jiechi, a senior official in the Jinping government, has proceeded on an emergency visit to Myanmar. At the same time, BRI is being jolted even in Pakistan. […]
New Delhi: – After learning a lesson from Pakistan and Sri Lanka, who are getting deeper into the Chinese debt trap, Myanmar has started withdrawing from the China Myanmar Economic Corridor (CMEC) Projects. CMEC is considered to be an important part of the ambitious Chinese Belt and Road Initiative (BRI). Therefore, Myanmar’s withdrawal from the […]
Colombo: Jayanath Colombage, Sri Lankan Foreign Secretary, accepted that giving the Hambantota port to China was a big mistake. But Foreign Secretary Colambage asserted that henceforth, the Sri Lankan foreign policy would be India centric. Colambage also assured that Sri Lanka would not carry out any acts that will threaten Indian security. He reassured India […]
Colombo/New Delhi: Mahinda Rajapaksa sworn in for the fourth time, as Prime Minister of Sri Lanka. Indian High Commissioner to Sri Lanka, congratulated him saying that his majority is one more opportunity for India and Sri Lanka to develop bilateral cooperation. Prime Minister Narendra Modi wished him a successful tenure, over the telephone. Last week, […]
Washington: The United States has adopted an aggressive stance to stop Chinese activities from the Pacific Ocean to the Indian ocean. The United States has initiated efforts to build relations with the countries in the sector and is deliberately improving its marine cooperation, with Sri Lanka. David Hale, US Under Secretary of State for Political […]
Beijing/Rome: The US National Security Council lashed out at Italy for participation in the OBOR scheme ‘One Belt One Road (OBOR) is a scheme started by China for enhancing its interests. Italy is one of the leading economies of the world and a very important country for investment. Participating in the OBOR, Italy is supporting […]
Brussels: ‘The Bank for International Settlements’ (BIS) has warned that the Chinese banking industry is on the brink of a major calamity. The credit-to-GDP gap; and the debt of the Chinese economy will be the two factors responsible for this crisis, said the warning. This warning issued by ‘The Bank for International Settlements’ to China […]