News
China using Lanka’s indebtedness to show military muscle
By Saibal Dasgupta
China has dispatched a military ship to Sri Lanka’s port city of Hambantota in the midst of the rapidly changing political situation in the island nation. The move has raised questions about whether China is trying to establish a strong military presence on Sri Lanka’s Indian Ocean coast.China’s People’s Liberation Army describes the vessel, Yuan Wang 5, as a survey ship, meant to conduct research in the Indian Ocean. But analysts are asking whether the ship, due to arrive in Hambantota on Aug. 11 and packed with sophisticated electronics for space and satellite tracking, is meant to serve a strategic purpose.
“China’s goal is to put the Hambantota port to dual use, commercial and military. It is trying to build the capability to move and maneuver ships at the port with a military purpose,” Dayan Jayatilleka, a former Sri Lankan diplomat, told VOA.
China has some say about using the port because the Sri Lankan government handed it over to Chinese companies on a 99-year lease in 2017. Colombo was forced to give up control of the port after it failed to repay Chinese loans used to build it.
Sri Lanka’s recently ousted president, Gotabaya Rajapaksa, is believed to have given his consent to berthing the vessel at the Sri Lankan port. The new government that replaced him after a massive protest movement is unlikely to revoke the decision and stop the vessel from using the port.
“Sri Lanka needs financial assistance, and it would not want to displease China by revoking the permission,” Jehan Perera, executive director of the National Peace Council of Sri Lanka, told VOA.
“China’s purpose is to make sure its military ships have easy access to the Sri Lankan port. As long as this goal is met, it has no need to actually build a military base,” said K.P. Fabian, a former deputy high commissioner of India to Sri Lanka.
Sri Lanka is seeking a bailout loan from the International Monetary Fund (IMF). IMF rules stipulate that a loan-seeking country should reschedule the payment timetable of past debt in order to qualify.
China has refused Sri Lanka’s request to reschedule project loans amounting to nearly $10 billion that have fallen due. Without China’s cooperation, Colombo would be unable to obtain IMF financing and sink deeper into a financial mire.
“[The] Sri Lankan government is hopeful Beijing will come around and accept the request. It also wants a currency swap arrangement to buy Chinese goods,” Perera said.
Sri Lanka is almost without foreign exchange reserves and facing higher world oil prices, which has resulted in a serious energy shortage. The country is also facing a food crisis with millions of people without jobs.
It is possible that China might try to use its influence as a lender to pressure Sri Lanka to allow the creation of Chinese military facilities, which could be used to target China’s rival, India.
“For India, it is a matter that is causing serious concern. China has been trying to create military challenges for India, and this is one such effort,” said Fabian.
A move to establish a Chinese military presence in Sri Lanka will cause concern not only in India but also in other parts of the world because Indian Ocean sea routes connect Asia and Europe.Sri Lanka’s economic crisis was caused by heavy foreign borrowing, which has left it with a huge burden of debt. Sri Lanka’s foreign debt as a percentage of its gross domestic product (GDP) jumped from 80% in 2015 to 101% in 2020, according to government estimates. The total foreign debt now stands at $51 billion.
China launched a series of infrastructure projects in Sri Lanka under its Belt and Road Initiative, including the port and an airport that were bankrolled by Chinese banks.The island nation soon found itself unable to service the Chinese debt. Beijing used the opportunity to force Sri Lanka in 2017 to give the Hambantota port on a lease of 99 years to Chinese companies that built and financed it.
“The U.S. government is correct when it says that Chinese projects and loans are very non-transparent and overpriced,” Perera said. “Chinese forays in Sri Lanka had a corrupting influence because they encouraged local politicians and officials to pilfer funds.”
Earlier, USAID Administrator Samantha Power said that China has financed infrastructure projects in Sri Lanka that often served little practical purpose.
“Indeed, over the past two decades, China became one of Sri Lanka’s biggest creditors, offering often opaque loan deals at higher interest rates than other lenders, and financing a raft of headline-grabbing infrastructure projects with often questionable practical use for Sri Lankans,” Power said. (VoA)
News
Delay in govt. response to UK sanctions on ex-military chiefs, and others causes concern
Admiral of the Fleet Wasantha Karannagoda said that he is still waiting for the government’s response to the UK sanctions imposed on three ex-military officers, including him, and a former member of the LTTE.
The former Navy Chief said so in response to The Island query whether he was aware of the position taken by a three-member ministerial committee, consisting of Foreign Minister Vijitha Herath, Justice and National Integration Minister Harshana Nanayakkara and Deputy Defence Minister Maj. Gen (retd) Aruna Jayasekera.
The government named the committee in the wake of the UK declaration of travel bans and asset freezes in respect of Karannagoda, General Shavendra Silva, General Jagath Jayasuriya and Vinayagamoorthy Muralitharan, also known as Karuna. Maj. Gen. Jayasekera said that they inquired into the issue at hand.
Karannnagoda said that he would like to know the government’s recommendations if the ministerial committee briefed the Cabinet as per a decision taken by the Cabinet of Ministers. Karannagoda said that the issue should have been taken at the highest level as various interested parties continue to humiliate the war-winning military by targeting selected individuals.
Other sources, familiar with the issues at hand, told The Island that the government was yet to announce its stand.
Sources pointed out that the Opposition has been silent on what they called a matter of utmost national importance.
Cabinet spokesman Dr. Nalinda Jayathissa is on record as having described the UK move as a unilateral move and that committee was formed to examine the developments and recommend appropriate measures to the Cabinet.
Foreign Minister Herath told The Island the government was not successful in getting the British to withdraw sanctions. Describing the UK decision as unilateral, the Miniser said that the government conveyed its concerns but the UK didn’t change its stand.
The Island raised the issue with Minister Herath and Admiral Karannagoda in the wake of British MP of Sri Lankan origin, Uma Kumaran requesting the UK Foreign Secretary Yvette Cooper to expand on the government’s sanctions imposed on the four above-mentioned persons.
During a Foreign Affairs Committee meeting on 16 December, the MP for Stratford and Bow highlighted the lack of accountability and political will from the current Sri Lankan government to address war crimes and mass atrocities committed in Sri Lanka.
Sources said that David Lammy, who served as Secretary of State for Foreign, Commonwealth and Development Affairs at the time of the declaration of sanctions, had no qualms in declaring that the action taken against four Sri Lankans was in line with a commitment he made during the election campaign to ensure those responsible wouldn’t be allowed impunity. The UK government statement quoted Lammy as having said that this decision ensured that those responsible for past human rights violations and abuses were held accountable.
By Shamindra Ferdinando
News
Sri Lanka outlines seven key vectors of international cooperation at Moscow forum
Sri Lankan Ambassador to the Russian Federation, Shobini Gunasekera recently presented a conceptual framework of seven key vectors that defined contemporary international relations and facilitated dialogue among States. She made the presentation at XI Moscow International Financial and Economic Forum held under the theme “Building Bridges: Partnership without Borders”.
In her address, the Ambassador emphasised that these vectors represent the channels through which ideas circulate, trade expands, and peace is strengthened, serving as guiding principles for cooperation amid global uncertainties. The seven key vectors highlighted were economic ties as a foundation for long-term stability; political choice and diplomacy through dialogue and multilateral engagement; security cooperation to address cross-border threats; cultural linkages through education, tourism, and professional exchanges; technological advancement, particularly in digital systems and artificial intelligence; environmental stewardship through collective action on renewable energy and climate change; and humanitarian obligations, including disaster relief and development cooperation.
Drawing on Sri Lanka’s experience, the Ambassador illustrated the practical application of these principles by highlighting the country’s strategic location in the Indian Ocean, its role as a trade and logistics hub, and its active engagement in regional groupings such as BIMSTEC and the Indian Ocean Rim Association, where the Russian Federation serves as a Dialogue Partner.
The potential for enhanced Sri Lanka–Russia bilateral cooperation was underscored, particularly through complementarities between Russia’s technological and energy expertise and Sri Lanka’s logistical capabilities and maritime infrastructure. She noted that such synergies could support joint initiatives in trade, innovation, tourism, and logistics, while cultural and scientific exchanges would further strengthen mutual understanding between the two countries.
Concluding her remarks, the Ambassador stated that sustained progress requires dialogue, mutual respect, and forward-looking partnerships capable of shaping a shared and stable future.
News
Sri Lanka third most preferred destination for Indians
Thailand takes top place
Travel website Make My Trip has named Sri Lanka as the third most booked international destination by Indian travellers for the festive period, following Thailand and the United Arab Emirates (UAE).
According to a report released by MakeMyTrip, an analysis of booking trends between 20 December and January 2026 compared to the same period last year, highlighted a growing interest in Sri Lanka as a preferred destination.
Thailand ranked first, while the UAE secured second place. Vietnam recorded a notable rise, moving from seventh position last year to fourth this year, followed by Malaysia, Indonesia, Singapore, the UK, the US, and Hong Kong.
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