Question
Download Solution PDFIn January 2022, which of the following country has signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in south asia?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Sri Lanka.
Key Points
- Sri Lanka has signed an agreement with India to jointly redevelop the strategic World War II-era oil tank farm in the eastern port district of Trincomalee.
- 85 of the 99 tanks now will be under the Sri Lankan control which had previously remained under Indian control.
- The joint venture will be for a lease period of 50 years.
- The new agreement will be an extension of the 2002 agreement.
Additional Information
- 15th edition of the Maldives, India, and Sri Lanka biennial Trilateral Exercise ‘Dosti’ was conducted in the Maldives from 20-24 November 2021.
- Sri Lanka’s first-ever Test captain Bandula Warnapura passed away in November 2021.
- The 8th edition of the India-Sri Lanka bilateral joint Exercise “Mitra Shakti-21” was held at Ampara in Sri Lanka from October 4 to 15, 2021.
- Sri Lanka Capital: Sri Jayawardenepura Kotte (legislative)
Colombo (executive and judicial) - Currency: Sri Lankan rupee.
- Sri Lanka President: Ranil Wickremesinghe (As of November 2022).
- Sri Lanka Capital: Sri Jayawardenepura Kotte (legislative)
Last updated on Jun 13, 2025
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