Former Sri Lankan President Mahinda Rajapakse on Thursday claimed that it is possible that India and Sri Lanka have signed agreements related to economic cooperation before Prime Minister Narendra Modi arrives in Sri Lanka. Both countries were to sign an agreement to give oil tank lease to India for the joint operation of a strategic oil establishment in the eastern port city of Trincomalee, Sri Lanka, but the Sri Lankan opposition parties opposed the agreement saying that the government should give India Is selling national resources.
Rajapakse said before Modi’s arrival in Colombo, in the central Sri Lanka city of Kandy, “I have information that the agreements have already been signed. Therefore, it is not important for the Indian Prime Minister to come. Rajapaksa said that he has no problem with Modi’s visit.
He said, ‘The problem will only happen then. If they sign agreements. My understanding says that these have already been signed. ‘
Under the proposed agreement, at least 73 out of 99 storage tanks in Trincomalee will be managed under the new arrangement of share between India and Sri Lanka. In 2002, for the operation of the Indian Oil Company, 14 out of 99 tankers were given.
