CHINA’S ‘QUADRILATERAL’ WITH BANGLADESH, LANKA, PAKISTAN AIMS AT TRADE-MILITARY COOPERATION
HAMBANTOTA, GWARDAR PORTS ARE HOSTING CHINESE WAR SHIPS, CHITTAGONG MAY SOON FOLLOW
2022-08-22 16:18
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There is nothing to be surprised about Sri Lanka’s decision to dock Chinese ‘spy’ vessel Yuan Wamg-5 at its Chinese-built Hambantota port, last week, despite protests from India. Sri Lanka President’s belated statement that China won’t be allowed to use the port for military purposes could at best be intended to temporarily allay India’s concern. Such a promise has no legal or logical basis. Sri Lanka’s deep-sea Hambantota port, which China built at a cost of over one billion dollars as part of its global infrastructure programme (BRI), technically belongs to China. Under an agreement in 2017, Sri Lanka Ports Authority created Hambantota International Port Group (HIPG), which then became a joint venture after China Merchant Ports bought an 85 percent stake in HIPG to facilitate the Chinese company's US$1.12 billion investment in the port. Thus, the HIPG is majority Chinese owned. China can use the port the way it likes. Expect more such Chinese war ships to dock at Hambantota in future.