Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Lankan PM to visit as India eyes leasing airport near Hambantota.


Date: 21-11-2017
Subject: Lankan PM to visit as India eyes leasing airport near Hambantota
NEW DELHI: In the backdrop of India's interest in leasing out an airport in China-dominated Hambantota, Sri Lankan PM Ranil Wickremasinghe will be in New Delhi this week for talks with PM Narendra Modi. Wickremasinghe arrives on Tuesday and will speak at a key cyber security conference before meeting the Indian leadership.

Sri Lanka has become an important partner for India both in the neighbourhood and in the Indian Ocean region. In addition, India is reportedly using Colombo's influence over Myanmar's Buddhist leadership to help defuse the Rohingya crisis.

India has expressed interest in operating the Mattala international airport near the Hambantota port. China recently announced it would pay Sri Lanka $1.1 billion for Hambantota port's terminals, which may ease some of the debt Colombo has taken but will mean a virtually permanent Chinese ownership of their real estate. China's ambassador to Sri Lanka Yi Xianlang recently said that Chinese firms would invest $5 billion into the SEZ near the port.

India wants to lease the Mattala airport for 40 years at something over $200 million - the trouble is, the airport is actually in the middle of nowhere, and is jokingly described as the world's "emptiest" airport. India wants to operate the airport for its own airlines, which have apparently reported an uptick in tourist travel to southern Sri Lanka. There is also some vague plan of using it as a training space or even as a freight hub. The leasing makes sense from a security/strategic point of view as it will give India eyes on Hambantota.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 22-11-2023
Notification No. 13/2023 -Customs (ADD)
Seeks to further amend notification No. 47/2021-Customs (ADD), dated 26th August, 2021, imposing Anti-dumping Duty on imports of "Natural mica-based pearl industrial pigments excluding cosmetic grade" from China PR, to modify the existing duty table .

Date: 21-11-2023
NOTIFICATION No. 12/2023-Customs (ADD)
Seeks to continue levy of anti-dumping duty on "Synthetic Grade Zeolite 4A (Detergent Grade) from China PR for 5 years pursuant to First Sunset Review Final Findings issued by DGTR."

Date: 17-11-2023
NOTIFICATION No. 11/2023-Customs (ADD)
seeks to impose anti-dumping duty on toughened glass for home appliances imported from China PR for a period of 5 years.

Date: 17-11-2023
NOTIFICATION No. 54/2023- Central Tax
Seeks to amend Notification No. 27/2022 dated 26.12.2022 to notify biometric-based Aadhaar authentication for GST registration in the State of Andhra Pradesh.

Date: 16-11-2023
Notification No. 84/2023 - Customs (N.T.)
Exchange Rate Notification No. 84/2023-Cus (NT) dated 16.11.2023-reg

Date: 15-11-2023
Notification No. 83/2023 - Customs (N.T.)
Exchange Rate Notification No. 83/2023-Cus (NT) dated 15.11.2023-reg

Date: 15-11-2023
Notification No. 82/2023-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 02-11-2023
Notification No. 16/2023- Union Territory Tax (Rate)
Seeks to amend Notification No 17/2017- Union territory Tax (Rate) dated 28.06.2017.

Date: 02-11-2023
NOTIFICATION No. 53/2023– CENTRAL TAX
Seeks to notify a special procedure for condonation of delay in filing of appeals against demand orders passed until 31st March, 2023.

Date: 02-11-2023
Notification No. 81/2023 - Customs (N.T.)
Exchange Rate Notification No. 81/2023-Cus (NT) dated 02.11.2023-reg



Exim Guru Copyright © 1999-2023 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001