Article written by Natasha Fernando and Vijay Prasad Jayshwal about the Millenium Challenge Corporation (MCC) in Nepal and Sri Lanka.
In this article, Ms. Fernando, an expert in South Asian affairs, debunks the negative narrative of Sri Lanka’s participation in the BRI.
OBOReurope is very proud to announce a new partnership with Belt & Road Initiative Sri Lanka (BRISL), the leading BRI platform and consultancy in Sri Lanka.
Italy’s undersecretary of state Michele Geraci stated that the BRI is a debt trap for Sri Lanka, Malaysia and maybe Pakistan!
On 9 December 2017, Sri Lanka granted a 99-year concession over the commercial activities of the port of Hambantota to the Chinese company “China Merchants”. This acquisition is a new step in the development of the “Belt and Road” initiative.