Sri Lanka Repays $20m Iranian Oil Debt With Tea barrons.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barrons.com Daily Mail and Mail on Sunday newspapers.
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
Marking the 39th charter day amid stalled summit and regional tensions, heads of states and governments of South Asia call for revitalising the regional grouping.
LankaWeb – Colombo calling Beijing: ready for Phase 2 of the Belt and Road Initiative lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka is increasingly tying its fragile economy to China. After the debt agreement with the Export-Import Bank of China, Sri Lankan President Wickremesinghe said he was ready to expand the direct corridor with China bypassing India. Xi Jinping’s special envoy, State Counsellor Shen Yiqin, used her visit to the island to