Sri Lanka to lift ban on foreign research vessels next year
The HinduSri Lanka will resume permitting calls from foreign research vessels at its ports from next year, as the government “cannot only block China”. In January 2024, Sri Lanka banned the visit of foreign research vessels after India and the United States voiced concern over the visit of at least two Chinese research vessels, Shi Yan 6 and Yuan Wang 5, in the two preceding years. In May last year, China Merchants Group announced a nearly $400 million investment towards constructing a large logistics complex at the Colombo Port, the first major foreign investment to come into Sri Lanka since its default in 2022. Following its launch, President Ranil Wickremesinghe’s office said the Centre reflected “the deepening maritime security cooperation” between India and Sri Lanka.