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India, Lanka likely to sign Trinco port development deal

23 April 2017 09:28 am - 19     - {{hitsCtrl.values.hits}}

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India and Sri Lanka may next week give final shape to a deal for jointly developing the Trincomalee Port in the north-eastern region of the island nation.

Sri Lanka Prime Minister Ranil Wickremesinghe will arrive in New Delhi on Tuesday on a five-day visit. His meeting with Prime Minister Narendra Modi is likely to focus on Sri Lanka’s offer to India for developing the Trincomalee Port. Modi and Wickremesinghe are also expected to discuss Sri Lanka’s proposal for India and Japan to jointly develop a Liquefied Natural Gas terminal in Trincomalee, sources told Indian Deccan Herald.

Both the deals are likely to be signed during Modi’s visit to the island nation next month to attend the celebrations marking the International Day of Vesak or Buddha Purnima.

Modi and Wickremesinghe will also discuss ways to speed up negotiations on the much-awaited Economic and Technical Cooperation Agreement.

Colombo has put forward the proposal to India for developing the Trincomalee Port to strike a balance between India and China to allay New Delhi’s concern over Beijing’s bid to expand its footprints and build strategic assets in and around Sri Lanka.(Deccan Herald)


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  Comments - 19

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  • Asela Sunday, 23 April 2017 01:24 PM

    This is shows that you cannot win an election here without the support of India

    Sunil Tuesday, 25 April 2017 09:19 PM

    Govt should increase tax too much for shipments from SL to teach sri lankans if they think china is best.

    Gayan Sunday, 23 April 2017 09:16 PM

    Looking after their assets in Ireland.

    Gayan Sunday, 23 April 2017 09:15 PM

    Selling assets is his speciality. He is an economic genius no.

    Ahmed Sunday, 23 April 2017 07:20 PM

    please dont do it like what the old leaders did in the past. before you sign any deal please show what are you signing to the public

    RW Sunday, 23 April 2017 05:38 PM

    JVP is fully responsible for this via DM iOS App

    Don Simon Sunday, 23 April 2017 04:00 PM

    Firstly please publish the 1st agreement made with Chandrika`s Government. We particularly interested to know the renewal agreement of previous leasing arrangement. Then make public aware about the full details of " Trinco Port Development Deal".

    channa Sunday, 23 April 2017 03:00 PM

    He wants to sell every thing . What is wrong with this RW

    JAN Sunday, 23 April 2017 01:47 PM

    Why MODI interfering our economy to fill full their own disasters our people is not aware intelligently of our current situations via DM Android App

    Mervin Sunday, 23 April 2017 01:29 PM

    govt waited for the last lap to return their favors to the master.

    Haramanis Sunday, 23 April 2017 10:49 AM

    Getting Snakes into our Sarong - why are we doing this???? are we that desperate???

    RD Sunday, 23 April 2017 01:08 PM

    WW does not want to go back to prison and others enjoy our money

    Wilfred Sunday, 23 April 2017 12:10 PM

    Where is JVP and Hela Urumaya

    Lionel Sunday, 23 April 2017 12:09 PM

    Please let the public know the finer details of this agreement

    kamal Sunday, 23 April 2017 12:05 PM

    really ..snake ! we reciprocate the feeling.

    Bala Sunday, 23 April 2017 11:35 AM

    We are a small nation but strategically located. We have to balance and juggle the big nations to best advantage. Not like playing simple games - it is a big job to think big ahead.

    Black Sunday, 23 April 2017 11:16 AM

    Hope we'll not lose our good friend China in the process...

    Nish Sunday, 23 April 2017 11:13 AM

    The govt couldn't have asked for a better distraction than M'thotamulla

    thusitha Sunday, 23 April 2017 11:11 AM

    JRJ -13th amendment ,RW- ETCA,IOC,Trinco port


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