Sri Lanka: Debt-trapped
China has replaced India as Sri Lanka’s biggest economic partner. It is gaining control of Sri Lanka’s ports, which can give it leverage over India’s external trade
China has replaced India as Sri Lanka’s biggest economic partner. It is gaining control of Sri Lanka’s ports, which can give it leverage over India’s external trade
Regional groupings in South Asia have turned out to be like diligent pupils whose report cards show performance below par. The reasons for such an impasse range from political divergences to the economic downturn and the much talked about China factor that has many implications for India
China has expanded its presence in the Indian Ocean Region. President Xi Jinping has abandoned Deng Xiaoping’s conciliatory posture for an aggressive, money-fuelled search for super power status
The Indian government may block the acquisition of Gland Pharma by Shanghai Fosun Pharmaceuticals, a move that offers further confirmation of how China’s opaque business model is causing concern worldwide. This infographic shows some high-profile cases of acquisitions by Chinese companies that ran into local opposition
China is the largest investor in Sri Lanka today, with funding and investment of nearly $15 billion. Gateway House tracks the Chinese money trail to Sri Lanka-- where it lands, where it stays--and assesses its depth. This is the second in the Gateway House Series on Chinese investments in South Asia.
Sri Lanka’s deputy foreign minister Harsha de Silva delivered the opening address at the first Gateway of India Dialogue in Mumbai in June 2016. In his speech he underlined the need for building a bilateral of “irreversible excellence” between India and Sri Lanka based on shared geography, history and culture.
This year, India's defence diplomacy has ramped up. In 2015 alone there have been 18 military exercises- naval, army and air force- with 13 countries, among the largest engagements the country has had. Most significant is Japan joining the Malabar exercises in the Bay of Bengal and the first-ever maritime exercise with Australia. This is increasing India's presence from the Arabian Sea to the Bay of Bengal. As these exercises intensify India will be better positioned to handle regional security challenges.
India has welcomed President Sirisena’s recent electoral victory largely because he is willing to check China’s rise in Sri Lanka. His visit to India next week is an opportunity for New Delhi to overcome its difficult relationship with former president Rajapaksa and offer its unconditional partnership to Colombo
India has tried to address the concerns of Sri Lankan Tamils through projects such as the recently-inaugurated railway between Jaffna and Colombo. But their aspirations for autonomy in the North and East remain unfulfilled, and New Delhi faces a dilemma—pushing Colombo on political issues can drive it closer to Beijing
The Narendra Modi government’s first budget comes at a time when the prime minister has been substantially responsive to the world that has reached out to him. It is apparent that the new government will combine politico-strategic concerns with economic advantage