Sri Lanka could face shortage of fuel by the third week of January, Energy Minister Udaya Gammanpila warned on Friday, as he urged the Central Bank to step in and pump in foreign currency required for imports. Gammanpila's grim warning comes close on the heels of the Ceylon Electricity Board issuing a statement, asking citizens to brace for power cuts in the days to come due to its inability to purchase fuel. The Sri Lankan government on Tuesday had announced a USD 1.2 billion economic relief pa

На фоне геополитической конкуренции США и КНР в Юго-Восточной Азии (ЮВА) Шри-Ланка, небольшое островное государство в Индийском океане, становится объектом повышенного внимания со стороны Вашингтона и Пекина. В феврале 2017 г.

COLOMBO: In suburban Colombo, queues for fuel run for a couple of kilometres, at any given time of the day.... Two more diesel shipments are to arrive under the Indian credit line, he said, while Sri Lanka must secure$ 75 million over the next couple of days to ease the queues.... “ For over 40 days, three ships with crude oil and furnace oil have been anchored within the maritime zone of Sri Lanka....

As the gradual but massive “pivot to the East” progresses, Russia is also turning to the South. If the strategic partnership with China can be recognised as a symbol of the eastern vector of the country’s foreign policy, then the south looks more diverse.