India looks to counter China’s growing influence in Sri Lanka

India looks to counter China’s growing influence in Sri Lanka

The NewsIndia and the United Arab Emirates pledged to develop an energy hub in Sri Lanka as New Delhi looks to counter China’s growing influence in the island nation.Beijing has provided Sri Lanka — which is situated on one of the world’s busiest shipping routes —with billions in development loans and recently signed a deal for an oil refinery. India, concerned by China’s expanding footprint, has also worked to grow its ties, giving Colombo subs…

Strengthening Strategic Ties With UAE Investors

“New Zealand is open for business. The establishment of Invest New Zealand and recent investment reforms make it easier to welcome foreign capital that benefits our country,” Trade and Investment Minister Todd McClay says.

India, Sri Lanka unveil ambitious initiative for energy cooperation

Colombo: India, Sri Lanka and the United Arab Emirates on Saturday firmed up an ambitious agreement to develop Trincomalee as an “energy hub” with a broader aim to help Colombo to achieve energy security and fuel its economic growth. The pact was signed following wide-ranging talks between Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake. To expand their energy ties, India and Sri Lanka also concluded a separate pac…

India, UAE partner with Sri Lanka to build strategic energy hub amid Chinese competition

India, the United Arab Emirates and Sri Lanka signed the pact for the hub during Indian Prime Minister Narendra Modi’s visit to Sri Lanka, the first by a global leader since Sri Lankan President Anura Kumara Dissanayake took office in September.

India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence

COLOMBO/NEW DELHI - India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India's foreign ministry said on Saturday, as New Delhi's competition with China grows in the Indian Ocean island nation. Read more at straitstimes.com.

UAE and India to develop energy hub in Sri Lanka

The UAE and India agreed to develop an energy hub in Sri Lanka, India’s foreign ministry said on Saturday, as New Delhi’s competition with China grows in the Indian Ocean island nation. The three nations signed the agreement during Indian Prime Minister Narendra Modi’s visit to Sri Lanka, the first by a global leader since Sri Lankan President Anura Kumara Dissanayake took office in September. New Delhi and Colombo have worked to deepen ties as …