From ferry services and port terminals to a new national cricket stadium, Indian Prime Minister Narendra Modi is likely to come bearing gifts on his visit to neighbors Sri Lanka and the Maldives this weekend by AlasdairPal Nidhi712
NEW DELHI - From ferry services and port terminals to a new national cricket stadium, Indian Prime Minister Narendra Modi is likely to come bearing gifts on his visit to neighbours Sri Lanka and the Maldives this weekend.
In recent years, China has been muscling in both in Sri Lanka and in the Maldives, financing a series of infrastructure projects and seeking closer military ties, especially for its navy. The debt from those projects has, though, become a burden for both countries. “Around the world, it is one of the least connected regions,” S Jaishankar, a former ambassador to China and the United States, told a conference of business leaders.
Several other initiatives, including a ferry to India and the funding of a national cricket stadium, are likely to be discussed with Maldives President Ibrahim Solih, Gokhale added. Gokhale said India will continue to provide support to the country in the fight against extremist groups.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cricket diplomacy: India's Modi comes bearing gifts on first post-election foreign tripFrom ferry services and port terminals to a new national cricket stadium, Indian...
Read more »
India has to create more jobs. Modi may need some help from state governmentsIndia's National Statistical Office released a report that showed that the unemployment rate between July 2017 and June 2018 climbed to 6.1% and labor participation rate fell below 40%.
Read more »
Indians kept waiting for benefits of low inflationNarendra Modi won at the ballot despite farmers hurting from sluggish price rises. To help goose a cooling economy, the RBI has cut rates a third time in four months, to 5.75%, in its first post-election meeting. It’ll only help if banks start passing lower costs onto borrowers.
Read more »
Cricket diplomacy: India's Modi comes bearing gifts on first post-election foreign tripFrom ferry services and port terminals to a new national cricket stadium, Indian...
Read more »
China says list of 'unreliable' foreign firms coming soonChina's Commerce Ministry will release a list of 'unreliable' foreign companies in the near future, in a move widely seen as a response to U.S. decision to put Huawei Technologies on a blacklist.
Read more »