Saturday, July 29, 2017
Sri Lanka signs Hambantota port deal with China | News
Sri Lanka has signed a $1.12bn agreement with a state-run Chinese firm to operate a port in the southeast of the country, despite security concerns and protests from trade unions. According to the long-delayed deal reached in the capital Colombo on Saturday, Sri Lanka Ports Authority agreed to sell a 70 percent stake in the Hambantota port to China Merchants Ports Holdings. The Chinese firm will
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