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Tag: Sri Lanka

Posted on February 3, 2021

Explained: Why Sri Lanka pushed India out of Colombo terminal project, what’s being offered as compensation

After the Sri Lankan decision reneging on the 2019 agreement, the country’s cabinet has now approved a proposal to develop the west terminal of the Colombo port as a Public Private Partnership with …

( read original story …)



Posted on February 3, 2021

U.S. commits USD 40M loan to support small businesses, empower Sri Lankan women

The U.S. Government committed a $40 million loan to Sri Lanka’s SDB bank to support small and medium enterprises (SMEs) and women entrepreneurs. The loan from the U.S. International Development …

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Posted on February 3, 2021

Facing protests, Lanka scraps India port deal, offers another project

In a reconciliatory move, Sri Lanka has offered India another undertaking to develop the West Container Terminal (WCT) at the same facility on a Public Private Partnership model along with Japan.

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Posted on February 2, 2021

No Indian role in developing ECT in Colombo, Sri Lanka decides

The Sri Lankan government would instead offer the West Container Terminal to India for possible investments, a senior government source told The Hindu.

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Posted on February 2, 2021

Sri Lanka pulls out of deep-sea container terminal deal with Japan and India

COLOMBO: Sri Lanka said on Tuesday it had pulled out of an agreement with Japan and India to develop a deep-sea container terminal viewed as an …

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Posted on February 2, 2021

Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka

Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue on their globe trot, Fairfirst Travel Insurance …

( read original story …)



Posted on February 2, 2021

Fairfirst offers travel insurance with a COVID cover for the first time in Sri Lanka

Fairfirst Insurance offers a redefined travel insurance in the new normal by covering expenses arising from COVID-19. Allowing travelers to continue on their globe trot, Fairfirst Travel Insurance …

( read original story …)



Posted on February 2, 2021

Explained: Why Sri Lanka has pushed India out of Colombo terminal project and what’s being offered as compensation

After the Sri Lankan decision reneging on the 2019 agreement, the country’s cabinet has now approved a proposal to develop the west terminal of the Colombo port as a Public Private Partnership with …

( read original story …)



Posted on February 2, 2021

“Abide By Commitment,” Says India As Sri Lanka Pulls Out Of Port Deal

India said on Tuesday it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo’s decision to pull out of the deal.

( read original story …)



Posted on February 2, 2021

India tells Sri Lanka to honour pact after Colombo takes back port contract

India said on Tuesday it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo’s decision to pull out of the deal.

( read original story …)



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