India plans Sri Lanka power project after China’s is shelved

KIFI

Published March 29, 2022 1:13 AM

By KRISHAN FRANCIS
Associated Press

COLOMBO, Sri Lanka (AP) — India has agreed to set up power projects on northern Sri Lankan islands in a deal seen as a strategic victory in its competition with China for influence in the Indian Ocean. A visiting Indian official and Sri Lanka’s foreign minister witnessed the signing Tuesday. China cited security concerns when it suspended its power projects in Sri Lanka. India considers its near-neighbor Sri Lanka to be within its sphere of influence, while the island nation also is important to China’s ambitious “One Belt One Road” infrastructure initiative. The agreement comes amid a severe economic crisis in Sri Lanka, which has sought help from both India and China.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.