It is the second deal with India to be scrapped by Sri Lanka this year. Last month, the Sri Lankan government scrapped the trilateral deal with India and Japan to develop the Colombo Port’s Eastern Container Terminal (ECT).
Sri Lanka will re-acquire the World War II-era oil storage tanks leased out to Indian Oil Corporation in the eastern port district of Trincomalee, Energy Minister Udaya Gammanpila has said.
It is the second deal with India to be scrapped by Sri Lanka this year. Last month, the Sri Lankan government scrapped the trilateral deal with India and Japan to develop the Colombo Port’s Eastern Container Terminal (ECT).
Mr Gammanpila told a gathering at the Colombo north suburb of Kolonnawa that talks with the Indian High Commissioner in Colombo on this issue concluded last Sunday.
“I am happy to state that the Indian High Commissioner was very flexible at the talks. He ignored the conditions mentioned in the agreement signed in 2017 in order to be helpful to us,”…