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Sri Lanka Airport: India-Russia joint venture to manage strategic Sri Lanka airport

A joint venture between an Indian and a Russian firm has won a 30-year contract to manage Sri Lanka s Mattala Rajapaksa International Airport, located near Hambantota. The airport, once known as the "world s emptiest airport," was built at a cost of $209 million. This marks the second India-Russia joint project in India s neighborhood, following the Roopur nuclear power plant in Bangladesh. The airport s management contract was awarded to the JV of Shaurya Aeronautics (Pvt) Ltd of India and Russia s Airports of Regions Management Company after the Sri Lankan Cabinet called for expressions of interest. ....

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China Loosens COVID-19 Curbs in Major Policy Shift

The most sweeping changes since the pandemic began have been made to China’s COVID-19 policy. Will the loosened rules . ....

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