Terminal declined: The Hindu Editorial on Sri Lanka reneging on Colombo East Container Terminal
The Rajapaksa government’s decision to overturn Sri Lanka’s tripartite agreement to develop Colombo’s East Container Terminal is a setback to India and Japan. The larger question of a possible Chinese role in the ECT decision also hangs over the decision, given that other terminal projects at the Colombo Port such as the Colombo International Container Terminal, have not faced similar pushback. New Delhi has said it continues to engage Sri Lanka on the ECT issue, although it remains cold to Colombo’s alternative offer of developing the West Container Terminal. Over the past year, the Modi government has invested much time and resources to India-Sri Lanka ties, including a new credit line, currency swap agreement, and COVID-19 assistance and vaccines.
India Comes to Sri Lanka's Rescue But Colombo Continues Seeking More Funds From China
Sri Lanka, Japan, India sign deal to develop East Container Terminal at Colombo Port
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