Sri Lanka will not allow China to only use the Hambantota port for military purposes, Defence Minister Ruwan Wijewardene has said.
The Hambantota port in southern Sri Lanka is located in the world’s busiest East-West shipping route and gives China a foothold in a region long dominated by India.
Sri Lanka last year to allowed a Chinese company to operate the port under a 99-year lease.
The government said it was forced to lease the port for $1 billion.
1 billion because it could not service loans from Beijing to build the facility agreed by former president Mahinda Rajapakse.
Latest posts by Indian Defence News (see all)
- L&T delivers 100th transport launch canister for BRAHMOS Missile - March 21, 2019
- Pakistani JF-17 not to participate In LIMA 2019 after India decides to send LCA Tejas - March 21, 2019
- India’s Next-Gen Anti-Radiation Missile set for trials - March 21, 2019