https://www.taxtmi.com/news?id=30484 China will invest in constructing a state-of-the-art oil refinery at Hambantota under an agreement between Sri Lanka's Ministry of Energy and Sinopec; the project is part of a broader upgrade of Belt and Road cooperation and multiple bilateral pacts signed during the state visit. These commitments build on existing long-term Chinese leases at Hambantota and were accompanied by joint statements emphasising continued maritime cooperation, mutual support on core concerns, and Sri Lanka's territorial and policy assurances. en-us Thu, 16 Jan 2025 19:16:03 +0530 Thu, 16 Jan 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30484 China will invest in constructing a state-of-the-art oil refinery at Hambantota under an agreement between Sri Lanka's Ministry of Energy and Sinopec; the project is part of a broader upgrade of Belt and Road cooperation and multiple bilateral pacts signed during the state visit. These commitments build on existing long-term Chinese leases at Hambantota and were accompanied by joint statements emphasising continued maritime cooperation, mutual support on core concerns, and Sri Lanka's territorial and policy assurances. News - Thu, 16 Jan 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=30484