Explainer | From East to West: Colombo’s ‘compromise’ with New Delhi in Port project
The Hindu
In a Cabinet decision on February 1 this year, Sri Lanka booted India and Japan out of a 2019 deal to jointly develop the East Container Terminal (ECT) at the Colombo Port, as trade unions and sections of the Buddhist clergy vehemently opposed foreign involvement in the strategic national asset. Further, some raised questions about the possible conflict of interest, given that the Adani Group operates about a dozen ports in India.
Also read: Sri Lanka, Japan, India sign deal to develop East Container Terminal at Colombo Port
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