Sri Lanka, China sign long-delayed $1.5 billion port deal


COLOMBO, Sri Lanka/July 29, 2017 (AP)(STL.News) — Sri Lanka s government on Saturday signed a long-delayed agreement to sell a 70 percent stake in a $1.5 billion port to China in a bid to recover from the heavy burden of repaying a Chinese loan obtained to build the facility. The agreement comes after a nearly six-month [ ] The post Sri Lanka, China sign long-delayed $1.5 billion port deal appeared first on STL News.
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