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No truth in reports that understanding with SL on jointly developing Trinco oil tanks 'scrapped' : India

18 Feb 2021

The Indian High Commission today said that there is no truth in the reports that the understanding between India and Sri Lanka on jointly developing and operating the Upper Tank Farm at Trincomalee has been ‘scrapped’. In a statement,  the High Commission said these reports did not correctly portray remarks made by the Minister of Energy at an event on 17 February 2021. "The Minister has himself clarified the matter in detail today through a press briefing. "As indicated in the Minister’s briefing also, the two Governments have consulted each other to explore mutually acceptable modalities for jointly developing and operating the facility in accordance with existing bilateral understandings, including the MoU of 2017. "India looks forward to formal discussions on the matter, and expeditious implementation of their outcome to mutual benefit," it said.


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