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India will help to develop Colombo and Trincomalee ports

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[vc_row][vc_column][vc_column_text]India will help in developing Colombo and Trincomalee ports in Sri Lanka, foreign secretary S Jaishankar said.

The development potentially extends India’s outreach in the Indian Ocean, where China is pursuing an expansionist policy. India is also helping build road and rail projects in Sri Lanka, Jaishankar said.

Sri Lanka had indicated a few months ago that it would hand over to India running of the Chinese built Hambantota airport near the deep-sea port. Handing over the loss-making Mattala Rajapaksa International Airport (MRIA) in Hambantota to India would enable Sri Lanka to pay back dues to China’s EXIM Bank, which had provided loans to build the airport.

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