• About us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI हिन्दी
TFI Global
Monday, March 20, 2023
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Jail? Outside Punjab? Free? Where is Amritpal Singh?

    Jail? Outside Punjab? Free? Where is Amritpal Singh?

    Jaishankar came, saw and conquered the India Today Conclave 2023 

    Jaishankar came, saw and conquered the India Today Conclave 2023 

    Oh!! Shut up Jagmeet Singh

    Oh!! Shut up Jagmeet Singh

    Decoding Bhagwant Maan’s quick action against Amritpal and the inherent Shah angle

    Decoding Bhagwant Maan’s quick action against Amritpal and the inherent Shah angle

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    India ready to unveil New Trade Policy with ambitious targets

    India ready to unveil New Trade Policy with ambitious targets

    The thread that connects Adani, Credit Suisse, and Karma

    The thread that connects Adani, Credit Suisse, and Karma

    Domestic wheels will drive reforms in Indian railways

    Domestic wheels will drive reforms in Indian railways

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    Rs. 70,500 Crore in Clearances Set to Transform Military Capabilities

    Rs. 70,500 Crore in Clearances Set to Transform Military Capabilities

    A Delicate Balance: Dibang Multipurpose Dam Project and Its Impacts

    A Delicate Balance: Dibang Multipurpose Dam Project and Its Impacts

    India’s Potent Mini Missile: The Indigenous “S-400

    India’s Potent Mini Missile: The Indigenous “S-400

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    SCO Defence ministers meet: A Story of Second Chances and Stubborn Pride

    SCO Defence ministers meet: A Story of Second Chances and Stubborn Pride

    Preferential Trade Agreement

    Indonesia Extends Olive Branch to India with PTA Invitation

    Civil war pakistan

    Pakistan civil war is on the horizon, faster than we anticipated

    Bilawal Bhutto Acknowledges Pakistan’s International Isolation: Coincidence or a Smart Tactic?

    Bilawal Bhutto Acknowledges Pakistan’s International Isolation: Coincidence or a Smart Tactic?

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Polio vaccine in India

    Polio vaccine in India: Why did it take so long?

    Bucher Paper

    Unearthing the Dark Secrets of Nehru’s Reign: The Roy Bucher Papers

    10 Most viewed videos on YouTube in the world

    10 Most viewed videos on YouTube in the world [Updated 2023]

    Chandi Mata Mandir Haridwar IDOL

    Chandi Mata Mandir Haridwar, Timings, History, Travel Guide and How to reach

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    From Rockets to New Horizons: Rocket Boys Season 2 Shines

    From Rockets to New Horizons: Rocket Boys Season 2 Shines

    10 Key lessons from Awaken the giant Within Book

    TOP 10 lessons to learn from Awaken the giant Within Book

    TOP 10 Key Lessons to learn from Miracle Morning Book

    TOP 10 Key Lessons to learn from Miracle Morning Book [Updated]

    Diwali 2024: The ultimate test for Bollywood’s biggest superstars

    Diwali 2024: The ultimate test for Bollywood’s biggest superstars

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Jail? Outside Punjab? Free? Where is Amritpal Singh?

    Jail? Outside Punjab? Free? Where is Amritpal Singh?

    Jaishankar came, saw and conquered the India Today Conclave 2023 

    Jaishankar came, saw and conquered the India Today Conclave 2023 

    Oh!! Shut up Jagmeet Singh

    Oh!! Shut up Jagmeet Singh

    Decoding Bhagwant Maan’s quick action against Amritpal and the inherent Shah angle

    Decoding Bhagwant Maan’s quick action against Amritpal and the inherent Shah angle

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    India ready to unveil New Trade Policy with ambitious targets

    India ready to unveil New Trade Policy with ambitious targets

    The thread that connects Adani, Credit Suisse, and Karma

    The thread that connects Adani, Credit Suisse, and Karma

    Domestic wheels will drive reforms in Indian railways

    Domestic wheels will drive reforms in Indian railways

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

    Rs. 70,500 Crore in Clearances Set to Transform Military Capabilities

    Rs. 70,500 Crore in Clearances Set to Transform Military Capabilities

    A Delicate Balance: Dibang Multipurpose Dam Project and Its Impacts

    A Delicate Balance: Dibang Multipurpose Dam Project and Its Impacts

    India’s Potent Mini Missile: The Indigenous “S-400

    India’s Potent Mini Missile: The Indigenous “S-400

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    SCO Defence ministers meet: A Story of Second Chances and Stubborn Pride

    SCO Defence ministers meet: A Story of Second Chances and Stubborn Pride

    Preferential Trade Agreement

    Indonesia Extends Olive Branch to India with PTA Invitation

    Civil war pakistan

    Pakistan civil war is on the horizon, faster than we anticipated

    Bilawal Bhutto Acknowledges Pakistan’s International Isolation: Coincidence or a Smart Tactic?

    Bilawal Bhutto Acknowledges Pakistan’s International Isolation: Coincidence or a Smart Tactic?

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    Polio vaccine in India

    Polio vaccine in India: Why did it take so long?

    Bucher Paper

    Unearthing the Dark Secrets of Nehru’s Reign: The Roy Bucher Papers

    10 Most viewed videos on YouTube in the world

    10 Most viewed videos on YouTube in the world [Updated 2023]

    Chandi Mata Mandir Haridwar IDOL

    Chandi Mata Mandir Haridwar, Timings, History, Travel Guide and How to reach

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    From Rockets to New Horizons: Rocket Boys Season 2 Shines

    From Rockets to New Horizons: Rocket Boys Season 2 Shines

    10 Key lessons from Awaken the giant Within Book

    TOP 10 lessons to learn from Awaken the giant Within Book

    TOP 10 Key Lessons to learn from Miracle Morning Book

    TOP 10 Key Lessons to learn from Miracle Morning Book [Updated]

    Diwali 2024: The ultimate test for Bollywood’s biggest superstars

    Diwali 2024: The ultimate test for Bollywood’s biggest superstars

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
No Result
View All Result

HOME » Geopolitics » Sri Lanka grants India major stake in strategic Hambantota Airport

Sri Lanka grants India major stake in strategic Hambantota Airport

Amit Agrahari
by Amit Agrahari
7 July 2018
in Geopolitics, South Asia
0
Donald Trump Republic Day hambantota port, india, srilanka
5.7k
VIEWS
Share on FacebookShare on Twitter

In a big boost to Indian strategic interests, Sri Lanka gave India permission to operate an airport in Hambantota. The airport is very close to Hambantota seaport which China had previously taken from Sri Lanka on a 99-year lease. The airport could work as a counter to any military activity by China on the Hambantota seaport.  Minister of Civil Aviation Nimal Siripala de Silva told the Parliament that “India will operate Sri Lanka’s loss-making Mattala Rajapaksa International Airport in Hambantota. The joint venture would see India gain a major stake of the airport.” The airport is named after former Sri Lankan president Mahinda Rajapaksa who ruled the country for almost a decade. The project was funded through high-interest rate commercial borrowings from China for which Rajapaksa was severely criticized.

Built with the capacity to handle one million passengers a year, the airport was officially opened in March 2013. The airport was built with whopping a sum of $ 210 million but did not prove to be commercially profitable due to the lack of air traffic. The only international flight operating from there was halted in May due to recurrent losses and flight safety issues. The airport which is located 241km south-east of Colombo is dubbed the “world’s emptiest airport”. Mahinda Rajapaksa, who was president of Sri Lanka from November 2005 to 9 January 2015, was more or less a Chinese puppet. He was criticized by the opposition and international community for high commercial borrowings from China which the government has not been able to pay back as yet. He was also accused of discriminating between different regions of the country as his government spent most of the public money on the southern province of the country where he hails from. On the question by opposition leaders whether the airport is being handed over to India to please the country as it expressed reservation to the Chinese occupation of Hambantota seaport, Mr. De Silva said “the government had invited proposals from interested international investors to run the airport, Only India offered to help us. Now we are in discussion with the Indians for the joint venture. We need to revive this dying airport which caused a massive loss of rupees 20 billion.”

China is trying to establish a network of infrastructure projects in India’s neighboring countries as per its String of Pearls plan. The String of Pearls refers to the network of Chinese military and commercial facilities along with its sea lines of communication, which extend from the Chinese mainland to Port Sudan in the Indian Ocean region. China has major infrastructure plans in our neighboring countries like Pakistan, Sri Lanka, and Bangladesh. In Pakistan, through its China Pakistan Economic Corridor (CPEC) project, China is building roads and ports throughout the country. The value of CPEC projects is around $62 billion. In Bangladesh, China developed and modernized the Port of Chittagong. This will give it free access to the Bay of Bengal, which is strategically very important for India’s naval security. In the Bay of Bengal, China has a presence through Myanmar’s Kyaukpyu port. Through these ports, China wants to counter India’s strong presence in the Bay of Bengal.

India, however, is countering this through energy diplomacy. India framed the agreement to build an LNG terminal near Colombo in collaboration with Japan. With India getting an airport to counter the activities of China at Hambantota seaport, it will be a major security boost to India. Foreign Secretary Vijay Gokhle on his recent trip to Bangladesh signed an agreement to build a petrol products pipeline from Siliguri to Bangladesh. India is looking to supply Nepal’s energy requirements and is building an energy products pipeline from Bihar to Nepal. To counter China’s influence in Myanmar, India is building a petro products pipeline from Northeast to Yangon. India and Myanmar are in talks about building an LNG terminal near Yangon. Although India does not have resources to counter Chinese infrastructural plans, it enjoys a goodwill amongst its neighbors and in the international community.

Tags: ChinageopoliticshambantotaIndiainternational relationsSri Lankastring of pearls
Share1540TweetSend
Previous Post

Former Congress IT cell member who alleged sexual harassment gives interview, names Chirag Patnaik as accused

Next Post

Resurfacing of Justin Trudeau’s sexual misconduct scandal shows hypocrisy of liberals

Amit Agrahari

Amit Agrahari

Engineering grad but Humanities and social sciences are my forte. Avid reader of religious Scriptures (Especially Hindu), Lord Shiva devotee

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Comments
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Meat Ban

A Jain responds to Meat Ban in Mumbai

Public Sector Bank, Government, Bill

Dear bank employees, continue your stride but PSBs will be privatized

anti-Hindi

Anti-Hindi Forever?- In search of a National Language!

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Dear Liberals – your Beef Parties are not protests, they just intend to displease the Majority

Jail? Outside Punjab? Free? Where is Amritpal Singh?

Jail? Outside Punjab? Free? Where is Amritpal Singh?

20 March 2023
From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

From Pipeline to Power Grid: India and Bangladesh Forge Stronger Energy Bonds

20 March 2023
India ready to unveil New Trade Policy with ambitious targets

India ready to unveil New Trade Policy with ambitious targets

20 March 2023
Jaishankar came, saw and conquered the India Today Conclave 2023 

Jaishankar came, saw and conquered the India Today Conclave 2023 

20 March 2023

Popular This Week

India’s Potent Mini Missile: The Indigenous “S-400
Defence

India’s Potent Mini Missile: The Indigenous “S-400

by Shubham Bajpai
17 March 2023
Social Media is divided over Swati Maliwal’s allegation
Politics

Social Media is divided over Swati Maliwal’s allegation

by Paurush Gupta
13 March 2023
The Price of Desperation: The Impact of Illegal Immigration on India
Politics

The Price of Desperation: The Impact of Illegal Immigration on India

by Paurush Gupta
18 March 2023
Eric Garcetti
Geopolitics

If this is what they offer after 2 years, India-US relations are better without any US ambassador to India

by Abhishek Kumar Singh
14 March 2023
Homi Bhabha
Trending

Who killed Homi Bhabha? The mystery behind India’s nuclear pioneer’s death

by Sanbeer Singh Ranhotra
30 October 2021

©2023 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFI Official Merchandise
TFI हिन्दी
TFI Global
  • About us
  • Careers
  • Brand Partnerships

©2023 TFI Media Private Limited

Follow us on Twitter

and never miss an insightful take by the TFIPOST team

Follow @tfipost