Brief by Shorts91NewsDesk / 02:27am on 06 Apr 2025,Sunday India Global
On April 6, 2025, India, Sri Lanka, and the UAE signed a landmark trilateral agreement during PM Modi’s visit to Colombo to jointly develop Trincomalee, a key port city on Sri Lanka’s northeast coast, into a regional energy hub. The deal includes plans for a multi-product pipeline, oil tank farm modernization, and potential energy exports. Seen as a counter to China’s expanding footprint, particularly its $3.7 billion Hambantota oil refinery, the project strengthens India’s strategic presence in the Indo-Pacific and deepens energy and infrastructure cooperation with Sri Lanka and the UAE. (PC: NewsX)
