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By Easwaran Rutnam Several foreign companies have made offers to import and sell fuel in Sri Lanka. Minister of Power and Energy Kanchana Wijesekera said that 24 company’s from the UAE, Saudi Arabia, USA, China, India, Russia, UK, Malaysia, Norway and the Philippines have submitted proposals
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” Sri Lanka cannot do without IMF’s support. Having declared its inability to service its foreign debt, Sri Lanka is struggling to reach a consensus with lenders and the IMF. Two of Sri Lanka’s major creditors, India and China, locked horns over a port visit by a Chinese ship. Sri Lanka should be wary of […]
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