Call us for Counseling - 9580048004, For Support - 8860807050.  

News in Short

Filter By Date

Filter By Date

India to sign deal with Sri Lanka on Trincomalee oil farms

Date: 28 December 2021 Tags: India & World
  • Sri Lanka will ink the long-dragging deal with India to jointly develop the Trincomalee oil tank farms — a coveted project that has remained controversial for decades.
  • During the Second World War, the British built the Trincomalee oil tank farms to serve as a refuelling station, adjacent to the Trincomalee port, an enviable natural harbour.
  • If the deal is finalised and signed next month, it will not only mark the culmination of India’s 16-month-long negotiation with the ruling administration but will also give shape to a proposal envisaged 35 years ago, in the Indo-Lanka Accord.