Tag: Hambantota Port

Chinese ‘Spy Ship’ at  Hambantota – A Security Nightmare for India & South Asia
Analysis, Asia, Big Block of 4, Defence & Security, Featured

Chinese ‘Spy Ship’ at  Hambantota – A Security Nightmare for India & South Asia

China docked its ‘spy ship’ in the Hambantota port in Sri Lanka for several days. Despite India’s reluctance and insistence against this decision, Sri Lanka allowed the ship to be docked, buckling down under Chinese pressure. This move has several tactical and strategic consequences on the South Asian region and especially on India’s influence in the […]

Leasing of Hambantota land to China for 99 Years! Geopolitical implications for the Subcontinent
Analysis, Asia, Featured

Leasing of Hambantota land to China for 99 Years! Geopolitical implications for the Subcontinent

The current predicament of Sri Lanka with China looks like a carefully crafted plot of the latter to get a comprehensive hold of the territorial uphold in the Indian Ocean.
Report of a possibility of gifting a frigate to the Sri Lankan Navy by the Chinese provides an insight into what might follow in the years to come.
As the port is already incurring losses, it might just be time before the commercial face of the establishment may soon be utilized for strategic purposes.
Presence of Beijing so close is a huge concern for New Delhi as it is also presents a strategic challenge to our naval operations in the eastern waters.
Integrating Sri Lanka to India’s coastal security network, joint naval exercises and a foresighted maritime diplomacy is the need of the hour.

Sri Lanka enters into a currency swap agreement with China worth US$ 1.5 billion; Citizens express fear of SL being debt-trapped by China
Asia, Featured, World

Sri Lanka enters into a currency swap agreement with China worth US$ 1.5 billion; Citizens express fear of SL being debt-trapped by China

The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have entered into a bilateral currency swap agreement worth US$ 1.5 billion. CBSL says that the agreement was finalised in order to promote bilateral trade and direct investment for economic development of the two countries, and to be used for other […]