After strong opposition from trade unions across the country, Sri Lanka has unilaterally pulled out of a 2019 agreement with India and Japan for developing the strategic East Container Terminal (ECT) at the Colombo Port.<\/p>\n\n\n\n
In 2019, India and Sri Lanka signed a memorandum of understanding for \u201cco-operation on economic projects\u201d.<\/p>\n\n\n\n
The MoU did not mention the Eastern Container Terminal, but India and Sri Lanka had already been in discussion for its development and operation.<\/p>\n\n\n\n
Reason:<\/strong><\/p>\n\n\n\n Although India and Sri Lanka have seemingly friendly ties and much cultural affinity and people-to-people contact, the relationship is complex.<\/p>\n\n\n\n The majority Sinhala-Buddhist public opinion is layered with the memory of Indian intervention in the ethnic conflict.<\/p>\n\n\n\n Thus, unlike Chinese projects, big projects by India have always faced opposition in Sri Lanka.<\/p>\n","protected":false},"excerpt":{"rendered":" After strong opposition from trade unions across the country, Sri Lanka has unilaterally pulled out of a 2019 agreement with India and Japan for developing the strategic East Container Terminal (ECT) at the Colombo Port. Daily Current Affairs Quiz 2021 In 2019, India and Sri Lanka signed a memorandum of understanding for \u201cco-operation on economic […]<\/p>\n","protected":false},"author":404,"featured_media":36204,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1390],"tags":[58],"offerexpiration":[],"class_list":["post-36203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-february-2021","tag-international-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/36203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=36203"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/36203\/revisions"}],"predecessor-version":[{"id":36205,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/36203\/revisions\/36205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/36204"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=36203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=36203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=36203"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=36203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}