How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy

How Sri Lanka Missed the Opportunity to Become a 200-billion dollar economy

Policy instability during the 2015-2024 likely pushed back Sri Lanka’s path towards becoming South Asia’s first High-Income Country. The 2022 financial crisis would never have happened as stable growth during the first half of 2015–2024 would have built enough buffer to weather impact of the Covid pandemic 

Will Sri Lanka's Trincomalee Fulfil its Long-Promised Potential? New Strategic Convergence to Revamp Assets Neglected for Eight Decades

If one location matters most to India in Sri Lanka, it is Trincomalee. With one of the finest natural harbours in the world, Trincomalee has immense commercial, naval, and energy value. For decades, strategists in New Delhi have viewed it as critical to the security architecture of the Bay of Bengal. 

EU and India Deepen Strategic Partnership, but Contentious Issues Remain Unresolved

It also demonstrated that the EU increasingly sees India as a strategic alternative to excessive dependence on China and India increasingly sees the EU as an important technology and investment partner amid a more fragmented global trading system.

More on Economy, Trade and Development

Pakistan-China Relations Steering Committee includes POK and Gilgit-Baltistan in its fold

The Pak-China Relations Steering Committee has decided to expand its membership by bringing provinces in its fold and discussed its scope and rationale in advancing the China-Pakistan Economic Corridor (CPEC), Pakistani media reports said

Pakistan accepts China's version on Xinjiang's Uighurs, finds merit in its 'alternative model': PM Imran Khan

Pakistan Prime Minister Imran Khan has said his country accepted Beijing's version regarding the treatment of Uighur Muslims in China's Xinjiang province

Bangladesh, China should explore more avenues, says Bangladesh PM on occasion of CPC’s 100th anniversary

Describing China as a trusted partner in the socio-economic development of Bangladesh, Prime Minister Sheikh Hasina has stressed the need for exploring more avenues to take the bilateral strategic partnership to a new height

China gives 200 mobile oxygen concentrators to Pakistan

China has given over 200 mobile oxygen concentrators to Pakistan, amidst fears that Covid-19 cases could rise during the Eidul Azha holidays later this month

Pakistan Army inducts first batch of China-made main battle tank VT4

Pakistan Army has inducted the first batch of the China North Industries Corporation (Norinco) VT4 main battle tank (MBT) into service, the military's media wing said

The China factor in Iran: China-Pakistan strategic nexus should not be overlooked

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China never considers India as a strategic rival: Ambassador Li

Chinese Ambassador to Bangladesh Li Jiming has claimed that China never takes India as a "strategic rival"; rather they consider India to be a good neighbor

Activists from 21 nations ask China to end financing Bangladesh coal power project

Activists from 21 countries have shot a letter to China and asked the nation to end the financing of a coal-fired power plant in Bangladesh

China prepares for security vacuum as US troops exit war-ravaged Afghanistan

China is feeling concerned that the exit of American troops from Afghanistan might create a security vacuum in the war-ravaged nation and pose a threat to its Belt and Road Initiative

China to Bangladesh: Don’t worry about debt-trap

A senior Chinese envoy has said Bangladesh should never worry about bad debt or the so-called debt trap, noting that Dhaka has managed foreign debt very well with an excellent system in place

Pakistan sets up Pak-China Relations Steering Committee to give a push to CPEC projects

The Pakistan government has set up Pak-China Relations Steering Committee to remove hurdles in the execution of China-Pakistan Economic Corridor (CPEC) projects, in a bid to give a push to the multibillion-dollar strategic initiative

Presence of Chinese workers in PLA uniform in Sri Lanka questioned

Questions have been raised in the Sri Lankan media about the presence of Chinese individuals in uniform similar to those worn by soldiers in the People’s Liberation Army at a local development project in the southern part of the island nation

Pakistan prime minister’s expedient silence over the plight of Uyghur Muslims in China’s Xinjiang

Prime Minister Khan insists that when it comes the Uyghurs, “We speak to them (China) behind closed doors.”   If the Chinese do not let the Pakistani leadership talk about the Uyghurs in public, are we being told that they would indulge them privately? It is laughable.

Pakistan-China border closed over 20 months: Traders demonstrate in Islamabad

Traders recently demonstrated against the decision taken by the administration to keep the Pakistan-China border closed for the past 20 months

Take a hard line on China, reduce trade, economic and technological dependence: EICC tells EU

The Brussels-based Europe India Chamber of Commerce (EICC) has urged the European Union to fundamentally revisit its China policy keeping in mind long-term strategic interests and substantially reduce trade, economic and technological dependence on the Communist nation