China to take over Zambian Airport and its electricity company, after defaulting on loan repayment

China to take over Zambian Airport and its electricity company, after defaulting on loan repayment

Beijing: Zambia is on the verge of becoming the first victim to the Chinese ambition of acquiring the property, infrastructure and natural resources by tightening the noose of huge debts. The Chinese decisions to acquire the Gwadar port in Pakistan and Hambantota port in Sri Lanka against huge loans came under severe criticism from the […]

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China ensnaring countries all over the world into a debt trap, claims a leading US Daily

China ensnaring countries all over the world into a debt trap, claims a leading US Daily

Washington/Beijing: China has succeeded in acquiring a strategic military base within a few hundred miles of the Indian border, by ensnaring Sri Lanka in a debt trap, claimed a leading US daily. In an agreement signed at the end of last year, the Sri Lankan government has leased the Hambantota port and 15,000 acres of […]

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The Indian Naval Chief visits Sri Lanka amidst its political instability

The Indian Naval Chief visits Sri Lanka amidst its political instability

Colombo : The Chief of Naval Staff, Admiral Sunil Lanba is on a visit to Sri Lanka. Admiral Lanba attended the ‘Galle Dialogue’, an annual conference organized between the Indian and Sri Lankan Navies. The Naval Chief is to meet and hold talks with the Sri Lankan President, Maithripala Sirisena, the Prime Minister, Ranil Wickremesinghe and […]

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New era in relations of India and Sri Lanka started under Sirisena: Indian High Commissioner

New era in relations of India and Sri Lanka started under Sirisena: Indian High Commissioner

Colombo, 16 June 2016,PTI – New era has started between India and Sri Lanka, under Maithripala Sirisena after taking charge of Sri Lankan Presidency, said Y. K. Sinha, Indian High Commissioner to Sri Lanka. Bilateral relationship between both the countries has developed prominently during President Sirisena’s tenure, compared to Mahinda Rajapaksha. Also Sri Lanka’s security is very important from India’s […]

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