As India watches keenly, Sri Lanka seeks FDI in Port City
The Hindu
Colombo describes it as a ‘fully Sri Lankan project’
Sri Lanka on Friday invited international investment into the Colombo Port City that it described as a “fully Sri Lankan project”, while official sources in New Delhi said they were “keeping a close eye” on the project and its “security implications”. “If it is only a commercial venture then that is their [Sri Lanka’s] choice… We will continue to engage Sri Lanka, while watching our national interest,” said a government source in New Delhi, awaiting the final version of the Bill whose blueprint the Sri Lankan Parliament’s Speaker signed on Thursday. The ‘Colombo Port City Economic Commission Act’ is yet to be made public.More Related News
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