Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Sri Lanka moves navy unit to Chinese-run port

byCT Report
02/07/2018
in Uncategorized
Share on FacebookShare on Twitter

Sri Lanka will move its southern naval command to a port leased to a state-run Chinese firm but China will not use it for military purposes, the prime minister’s office said Saturday.

Colombo’s announcement will likely raise fresh concerns in New Delhi over China’s military potentially getting a foothold in the Indian Ocean through the deep-sea port of Hambantota, which straddles a major east-west shipping route.

You might also like

PHC declares levy of excise duty on hand-stemmed tobacco illegal

06/11/2026

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

06/11/2026

“The Sri Lanka navy is moving its Southern Command to Hambantota,” Ranil Wickremesinghe’s office said.

But it added: “There is no need to be frightened as security of the port will be under the control of the Sri Lanka Navy.

“Sri Lanka has also informed the Chinese that Hambantota cannot be used (by China) for military purposes,” it said.

Sri Lanka owes China billions of dollars that former president Mahinda Rajapakse’s government borrowed for major infrastructure projects, including the Hambantota port located on the island’s southern tip.

But unable to pay back the debts, Sri Lanka agreed last year to give China a 70-percent stake in the port on a 99-year lease.

This stoked concerns in India and the US about China’s Belt and Road initiative that has seen Beijing loan countries across Asia and beyond huge amounts of money, ostensibly to develop their infrastructure to ease trade.

The new government of President Maithripala Sirisena turned down a Chinese request in May last year for a submarine call at Colombo shortly after Indian Prime Minister Narendra Modi visited the island.

Related Stories

PHC declares levy of excise duty on hand-stemmed tobacco illegal

byCT Report
06/11/2026

PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn’t be imposed on green leaf and hand-stemmed tobacco...

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

byCT Report
06/11/2026

ISLAMABAD: Pakistan State Oil Company Limited (PSO) has confirmed the appointment of Mustafa Ramday as its new chairman following the...

Pakistan, Uzbekistan plan AI-driven customs collaboration

byCT Report
06/11/2026

KARACHI: Pakistan and Uzbekistan have agreed to strengthen customs cooperation by expanding digital integration, enhancing information sharing and exploring the...

Vessel of TPOC to reach Karachi between Nov 17-20 for offshore exploration

byCT Report
06/11/2026

KARACHI: Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting to review preparations and arrangements for the arrival...

Next Post

Switzerland's GAM prepares for 'worst case' Brexit scenario

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.