String of Pearls Current Affairs, GK & News

String of Pearls

March 15, 2014

The String of Pearls refers to the network of Chinese military and commercial facilities and relationship along its sea lines of communication, which extend from Chinese mainland to Port Sudan.

Sri Lankan Prime Minister visits India: Terrorism and Trade discussed

February 9, 2020

On February 8, 2020, the Sri Lankan Prime Minister Mahinda Rajapaksa held high level talks with PM Modi during his five-day visit to India. The leaders held talks about terrorism, trade and economic projects in New Delhi Highlights The meet will enhance mutual economic trade and investment. The leaders also discussed improving tourism and connectivity. ..

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Myanmar-China sign 33 deals of BRI: Increases China’s ease of access of Indian Ocean

January 19, 2020

On January 18, 2020, China and Myanmar signed 33 new deals under BRI (Belt and Road Initiative) to implement China-Myanmar Economic Corridor. Also, a concession agreement was signed by he countries to implement the deep seaport project called Kyaukphyu Special Economic Zone. Highlights The agreements were signed to strengthen the collaboration in infrastructure sector that ..

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Sri Lanka, China sign $1.1 billion Hambantota port deal

July 30, 2017

Sri Lanka has signed a US $1.1 billion deal to sell a 70% stake of the strategic Hambantota deep-sea port to China. Hambantota port is a deep-water port in the southern tip of Sri Lanka. It sits close to busy east-west shipping lanes connecting Europe and Asia. The deal was signed between Sri Lanka Ports ..

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