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Geoeconomics

SOUTH ASIA:

SRI LANKA:

  • Pakistan’s offer to Sri Lanka to join its multibillion-dollar trade and infrastructure scheme with China under Beijing’s Belt and Road Initiative has raised concerns in Indian policy circles, as New Delhi seeks to secure its influence in a region where China’s presence is growing. Indian strategic affairs observers said a proposal for Colombo to use Gwadar could be problematic for India’s security, as about 70 per cent of the goods that Sri Lanka’s ports now handle are transhipped to and from India. India is Sri Lanka’s largest trading partner, and the two countries also cooperate in areas such as security and defence.

SOURCE: SOUTH CHINA MORNING POST


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