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.
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)
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