10 state-of-the-art railway passenger coaches from India received by Sri Lanka

10 state-of-the-art railway passenger coaches from India received by Sri Lanka

Sri Lanka receives 10 state-of-the-art railway passenger coaches from IndiaAs a part of the supply of 160 coaches to Sri Lankan Railways, Sri Lanka has received ten state-of-the-art railway passenger coaches from India by the Rail India Technical and Economic Service (RITES).

“India-Sri Lanka cooperation in the transport sector continues to expand with the arrival of 10 state-of-the-art railway passenger coaches at the Colombo Port,” said Indian High Commission in Colombo in a tweet on Wednesday.

The Indian Line of Credit is financing the supply of coaches to Sri Lankan Railways by the RITES.

After Sri Lanka cancelled participation in the Indian and Japanese development of the East Container Terminal at Colombo, it approved the development of the West Container Terminal.

In 2019, a ‘co-operation on economic projects’ memorandum of understanding was signed by India and Sri Lanka.

Sri Lanka receives 10 state-of-the-art railway passenger coaches from India  | Business Standard NewsThe development and operation of the container terminal was one of the projects that was a part of the MoU and was a joint venture.

Earlier, the Ministry of External Affairs on Friday said that the Sri Lankan government`s claim that a proposal on Colombo Port`s Western Container Terminal has been approved by the Indian High Commission is factually incorrect and that the investors are directly engaged in the Lankan dispensation.

Weeks after Sri Lanka scrapped a trilateral deal with both the countries to develop another terminal at the same port, Sri Lanka announced that it has approved the proposal to develop the strategic Colombo Port”s Western Container Terminal (WCT) under a joint venture with India and Japan for a period of 35 years.

The Indian High Commission had approved the Cabinet memorandum said that the proposal presented by Adani Ports and special economic zone limited (APSEZ Consortium).

MEA spokesperson Anurag Srivastava said, “Our High Commission in Colombo has already conveyed to the government of Sri Lanka that their media release insofar as the reference to the approval of the High Commission was concerned, is factually incorrect.”

“We understand that the government of Sri Lanka has engaged directly with investors on this project,” he said

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