No militarisation of Sri Lanka's Hambantota port - China

Press Trust of India  |  Colombo 

today dismissed as "baseless" the reports that it will militarise Sri Lanka's southern port of Hambantota, saying the facility was part of Beijing's "pragmatic cooperation" with for economic development.

"Responding to recent baseless suspicion on so-called Chinese militarisation at Port, the pointed out that there is no any military purpose for to conduct conduct friendly and pragmatic cooperation with Sri Lanka," the release said.

According to analysts here, the comments appear to allay the concerns raised by over Chinese plans in neighbouring on the broader context.

"never interferes in Sri Lanka's internal affairs and is willing to work with the Sri Lankan side to push forward the latter's economic and social development by promoting new type of international relations featuring mutual respect, fairness and justice, win-win cooperation," Cheng was quoted as saying.

Wickremesinghe highlighted that attaches great importance to cooperation with on mega-projects, like Port and Industrial Park, Financial City, the statement said.

The hopes to work with the Chinese side to accelerate the implementation of the ongoing projects and attract more Chinese investment to promote economic and social development, it said quoting the

Meanwhile, in a separate meeting with the Commander, the Chinese warned that both the nations must become aware of baseless rumours which aims to harm the good relations between the two countries, the embassy said.

had in 2015 stalled the Chinese port city project before approving it later.

The pact with China, to lease out the USD 1.3 billion port for 99 years to develop an industrial park, has met with resistance from the Opposition. invested heavily in Sri Lanka's infrastructure during the 10 year tenure of former

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 23 2018. 17:25 IST