ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
International relations

India strikes hard bargain in Sri Lanka for stake in Colombo port

With eyes on growing Chinese influence, New Delhi ensures its interests get priority

Port of Colombo in 2019: Sri Lanka and India recently agreed on terms for developing the port's Eastern Container Terminal with Indian company Adani Group. (Photo by Yuji Kuronuma)

BANGKOK -- Sri Lanka's hawkish President Gotabaya Rajapaksa has caved in to Indian pressure for a stake in the Port of Colombo, the busiest harbor in the strategically located South Asian island where China already has a foothold.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more