India Is Angry! Sri Lanka Chooses Chinese Company to Take Over Large $4.5 Billion Oil Refinery
ฝัง
- เผยแพร่เมื่อ 1 พ.ค. 2024
- #china #chinanews #srilanka #india #refinery #oil
In 2022, Sri Lanka was forced to declare bankruptcy due to a severe financial crisis. This news put this peaceful Indian Ocean island country into the global spotlight.
Faced with the serious challenge of economic collapse, Sri Lanka began to seek assistance from all sides, only to find that most of its neighbors and global partners kept their distance from the country on the verge of financial collapse. However, in this context, China attaches great importance to this "Belt and Road" partner and continues to reduce Sri Lanka's burden through investment and loan interest exemptions.
Just recently, in response to China's support, the Sri Lankan government signed a cooperation agreement worth US$4.5 billion with Chinese companies. The plan is for a Chinese energy company to build a large refinery in Sri Lanka's Hambantota region.
However, after the establishment of this cooperation, it caused dissatisfaction in India. Because the project was originally undertaken by an Indian company, but now it was unexpectedly transferred to China, they believed that China had taken away the project that originally belonged to them.
So, what we are going to discuss in today’s video is, why did Sri Lanka reject India and hand over the refinery project to China? How important is this project to Sri Lanka?
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India tried to exploit Sri Lanka with oil projects so Sri Lanka terminated these projects and teamed with China who supported a mutual benefit; co operation; technology shared BRI project.
It wasn’t that long ago that Sri Lanka was bankrupt. And now it may be on the verge of being a very rich country!
Awesome Insight News Segment! TEAM SRI LANKA & TEAM CHINA ALL THE WAY!👍🙏🐲🐉🐼🌏🇨🇳🙂❗️
Indian behavior against its neighbors 😢
sorry india , Maybe Pakistan would interest for your project 😚.
Poor Sri Lanka, they are still under Indian’s thumbs.
Why nobody respect india???😂
Sri Lanka's Hambantota International Port goes hand-in-hand with largest oil refinery. Only China knows what's the best.
Chinese have much patience, desire win-win agreements so that all sides prosper. Business done this way encourages more business & goodwill between nations & people.
India does not have $4.5 billion to spare.
Thank you for an excellent presentation and content. Subscribed!
Why is india always angry at wherever China does in South Asia
Because India has always wanted to dominate South Asia, he feels that he is the big brother there
From China With Happiness And Prosperity .
Never A Bully Or A Bullet .
Because jealousy always in indian blood...
Because jealousy always in indian blood...😂
No toilet neighbours trust a land grabber
Sri Lanka has the right to choose who to do business with.
Yes, every country should have a choice and not be sanctioned or threatened
For Sinopec, the world's top refiner by capacity and one of the largest petrochemicals producers, the investment would mark a breakthrough in a long effort to expand beyond China's borders.
Sri Lanka approves Sinopec's $4.5 billion refinery proposal
I missed your videos. I am happy to see that you are back!
If sri Lanka had taken loans from the Vatican in Rome it could have prayed for forgiveness of its debts
😂
Butthurt!😖
China will do a far better job of building and managing the refinery.
Sri Lanka likes China too. Who is next?
This insignificant deal won't harm India at all. Japan, Australia and South Korea are very interested to get India's investment and cutting edge technologies.
When's that going to happen??
In the year 2100 or beyond !!😂😂
@@georgewilder7423 No, much earlier than you think, in 2099! 🤣😂😁
@@dexterminador
Will that be when India makes up it's mind to share anything technology wise or to start a project?
I could be dead by then!!
😲😲
@@georgewilder7423 Me too!
What technology? Endia has zero technology!
BELONGED....REALLY?😅
Indian PM Modi. Don't worry about Srilanker you have to woory for Indian people and their lovely families. PM Modi. Evil never win anything. God bless Indian people.❤❤❤❤❤❤❤❤❤❤❤
Trust they remember to include timetables in their future contracts in India
Good news. Chinese could readily set up solar panel assembly to cover cent percentent to rooftop solar generation.
Like many people facing difficult ies, preferred services to production based activities
Trust they set up a detergent production facility for exports
India who ???
BhaRat India, ruled by the despot Sahib Narendra Muddy.
Not Gradually but quickly