Jan 142018

Subsequent to the agreement signed between the Sri Lanka Ports Authority and China Merchant Port Holdings Co. Ltd., US $ 292.1 million had been credited to the US Dollar account of the Government of Sri Lanka maintained at the Central Bank of Sri Lanka as the initial payment for the lease.

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Dec 092017

“The Hambantota Port will add to Sri Lanka’s concept of transforming into a hub in the Indian Ocean,” it quoted the Sri Lankan prime minister as saying. The objective of the Belt and Road Initiative is to build trade and infrastructure networks that connect Asia with Europe and Africa along the ancient Silk …

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