Facebook icon
Twitter icon
e-mail icon

Sri Lanka signs oil deal with Vietnam

Sri Lanka and Vietnam have signed agreements to share expertise in oil and gas explorations and for the purchase of oil from a Vietnamese state-run company.

A total of eight agreements were signed during a visit by Vietnamese President Truong Tan Sang to Sri Lanka, including a deal on machinery manufacturing, greater defence cooperation and bilateral cooperation in public finance management.

The deal comes two days after the visit of the Vietnamese President to India, where he signed agreements with Indian Prime Minister Manmohan Singh.

The agreements included a security pact between India and Vietnam and an accord to promote oil exploration in the South China Sea, ignoring objections by China, who claim vast parts of the sea as Chinese territory.

We need your support

Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.

Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view

We need your support in keeping our journalism going. Support our work today.

For more ways to donate visit https://donate.tamilguardian.com.