2811. Development of Sri Lanka’s East Container Terminal Port: Japan & India’s Regional Cooperation in South Asia Shaping Up
- Author:
- Monika Chansoria
- Publication Date:
- 06-2019
- Content Type:
- Policy Brief
- Institution:
- Japan Institute Of International Affairs (JIIA)
- Abstract:
- Signing the Japan-India Vision Statement in Tokyo on 29 October 2018, the Prime Ministers of Japan and India reviewed cooperation on development of connectivity via quality infrastructure and capacitybuilding carried out bilaterally, as well as, with other partners. More so, the need to do this in an open, transparent and non-exclusive manner based on international standards, responsible debt financing practices, and in alignment with local economic and development strategies and priorities was highlighted.1 The synergy finds embodiment in collaborative projects between Japan and India in the Indo-Pacific region, especially in Sri Lanka, Myanmar, Bangladesh, and Africa. In slightly over six months since this statement, Sri Lanka recently announced on 28 May 2019, its decision of entering into a trilateral partnership with India and Japan to develop a deepsea container terminal. The state-run Sri Lanka Ports Authority (SLPA) said a Memorandum of Cooperation (MOC) had been signed between the three countries to jointly develop the East Container Terminal (ECT) of the Colombo Port next to a $500-million Chineserun container jetty in Colombo harbor.
- Topic:
- Development, Regional Cooperation, Infrastructure, and Trade
- Political Geography:
- Japan, South Asia, India, and Sri Lanka