Beijing-backed Colombo port city project has raised eyebrows in Delhi with India hoping that Sri Lanka remains mindful of security in the maritime domain. Last month, the Sri Lankan Parliament approved bills for the establishment of 2 SEZs — Colombo port city and Colombo port city economic commission projects.
“We expect Sri Lanka will remain mindful of our excellent bilateral cooperation, including for mutual security in our shared environment, which includes the maritime domain,” Ministry of external affairs spokesperson Arindam Bagchi at a virtual weekly presser.
The project is part of China’s Belt and Road Initiative (BRI) which has been criticised by major democratic countries for causing debt crisis in countries that have partnered with Beijing for it. According to Chinese state media, it is the largest project by China in Sri Lanka with a total value of the project at $1.4 billion.
The spokesperson said that “we have been closely following recent developments from our security perspective” when it comes to the port project pointing out that New Delhi has “noted the concerns that have been raised in Sri Lanka regarding several aspects of the framework for the Colombo Port City.”