Tuesday, 25 April 2017

India Nips at China’s Heels in Race to Collect Lanka Port Assets

SOURCE: BLOOMBERG India is looking to invest in a colonial-era Sri Lankan oil-storage facility as it seeks to further its naval interests in the Indian Ocean and push China back in the process. A unit of state-owned Indian Oil Corp., the country’s largest refiner, is set to help fund the $350 million development of an […]

The post India Nips at China’s Heels in Race to Collect Lanka Port Assets appeared first on Indian Defence Research Wing.



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