Sri Lanka gets US military funding as China vies for influence - Hallo friend US WORD ARMY, In the article you read this time with the title Sri Lanka gets US military funding as China vies for influence, we have prepared well for this article you read and download the information therein. hopefully fill posts Items AIR FORCE, Items ARMY, Items INTELLIGENCE, Items NAVY, Items SPECIAL FORCES, we write this you can understand. Well, happy reading.

Loading...

Title : Sri Lanka gets US military funding as China vies for influence
link : Sri Lanka gets US military funding as China vies for influence

Sri Lanka gets US military funding as China vies for influence

The United States announced Monday it would grant Sri Lanka $39 million to boost maritime security as China develops its strategic hold on the Indian Ocean island.

The State Department will provide the funds as "foreign military financing", pending congressional approval, the US embassy in Colombo said.

"We look forward to discussing with the government of Sri Lanka how this contribution can support our Bay of Bengal initiative and Sri Lanka's humanitarian assistance and disaster response priorities," it said.

It comes as China, the world's second-largest economy, increases investment in ports and other building projects in Sri Lanka -- a key link in its ambitious "Belt and Road" infrastructure initiative.

Last week, the Central Bank of Sri Lanka announced it had secured a $1 billion Chinese loan as the island develops closer relations with Beijing.

The US had stopped arms sales to Sri Lanka during the height of the island's Tamil separatist war that ended in 2009. The global power has also been highly critical of the human-rights record of the former government of strongman president Mahinda Rajapakse.

Several senior military commanders from the Rajapakse regime have been denied visas to visit the US.

The US funding for Sri Lanka is part of a $300 million package Washington is setting aside for South and Southeast Asia to ensure a "free, open, and rules-based order in the Indo-Pacific region".

China has vowed to keep providing financial help, including loans, to Sri Lanka despite warnings about the island nation's mounting debt.

Sri Lanka last year granted a 99-year lease on a strategic port to Beijing over its inability to repay Chinese loans for the $1.4 billion project.

The port in Hambantota straddles the world's busiest east-west shipping route and also gives a strategic foothold to China in a region long dominated by India.

The International Monetary Fund, which bailed out Sri Lanka in June 2016 with a $1.5 billion staggered loan, has warned Colombo over its heavy debt.

Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other

Loading...

news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.</span>

SpaceDaily Contributor
$5 Billed Once credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly paypal only


Post-Brexit Britain's military will remain 'tier one,' minister says
Washington (AFP) Aug 7, 2018
British Defense Secretary Gavin Williamson insisted Tuesday that Britain's military will not be diminished after it leaves the European Union next year. "Britain leaving the European Union has no impact in terms of the security and defense of Europe," Williamson said in a speech at the Atlantic Council in Washington. "Britain is a major global actor. We have always been a tier one military power and we always will be a tier one military power," he added. Williamson's comments come after Pr ... read more

Let's block ads! (Why?)

from Military Space News, Nuclear Weapons, Missile Defense https://ift.tt/2MmLJxM
via space News

thus Article Sri Lanka gets US military funding as China vies for influence

that is all articles Sri Lanka gets US military funding as China vies for influence This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article Sri Lanka gets US military funding as China vies for influencewith the link address https://uswordarmy.blogspot.com/2018/08/sri-lanka-gets-us-military-funding-as_13.html

Loading...

Tweet

Subscribe to receive free email updates: