Newly-elected Sri Lankan President Gotabaya Rajapaksa waves as he arrives in India on an official visit. Photo: EPA-EFE

Sri Lanka’s new government wants to undo Hambantota port lease to Chinese venture

  • The previous government changed the terms of the Belt and Road Initiative project, agreeing to a 99-year lease
  • But the new administration wants to return to the original deal and pay back the loan as originally agreed
Topic |   Sri Lanka

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Newly-elected Sri Lankan President Gotabaya Rajapaksa waves as he arrives in India on an official visit. Photo: EPA-EFE
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Newly-elected Sri Lankan President Gotabaya Rajapaksa (right) and his brother Mahinda Rajapaksa. File photo: AP

Sri Lanka’s new president Gotabaya Rajapaksa names China-friendly brother as prime minister

  • The Rajapaksa brothers are credited with brutally destroying the Tamil Tigers to end Sri Lanka’s decades-long civil war
  • Prime Minister Ranil Wickremesinghe on Wednesday said he would step down, paving the way for the Rajapaksas to form a minority government ahead of possible snap elections next year
Topic |   Sri Lanka

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Newly-elected Sri Lankan President Gotabaya Rajapaksa (right) and his brother Mahinda Rajapaksa. File photo: AP
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