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Posts tagged as “financially”

Sri Lankan president seeks to disarm India’s China fears

AFP report , July 19, 2023COLOMBO: Sri Lanka´s president arrives in India on Thursday for his first visit to the regional powerhouse, with concerns mounting in New Delhi over China´s increasing influence in the strategically placed but financially bankrupt island. New Sri Lankan leaders usually travel to India within a few weeks of taking office, but Ranil Wickremesinghe´s trip comes exactly a year after he became president following the toppling of his predecessor at the…