COLOMBO -- India's diplomatic patience is bearing fruit in Sri Lanka after the South Asian power signed a deal with its weaker southern neighbor to rehabilitate a majority of 85 abandoned giant oil tanks on the slopes of Trincomalee Harbor, the world's second-deepest natural port and one that New Delhi has been coveting for over 30 years.
International relations
India gains foothold in Sri Lanka with Trincomalee oil tank deal
Debt-ridden island nation helps to fulfill decades-old hope for New Delhi
Ceylon Petroleum Corp.'s oil refinery in Colombo. The CPC along with the government is overwhelmed by debt, giving India an entry point back into the strategically located island nation. (Source photo by Reuters/AP)
Read Next
Latest on International relations
