Saturday 9 April 2016

Lanka, China agreed to speed up port city project

After stalling the Colombo Port City project for a year, Sri Lanka and China had agreed to "speed up" the USD 1.5 billion Chinese-funded venture besides endorsing the ambitious Maritime Silk Road, the PTI reported today. Prime Minister Ranil Wickremesinghe - who received a red carpet welcome at the Great Hall of People - held talks with his Chinese counterpart Li Keqiang after which the two sides signed seven agreements.

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(Source: Daily Mirror)

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