India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 05 2025
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Source: Reuters
India-UAE Energy Hub Agreement: India and the UAE have agreed to develop an energy hub in Sri Lanka, enhancing India's strategic presence in the region amid competition with China, which is also investing in Sri Lanka's energy sector.
Strengthening Bilateral Relations: During Indian Prime Minister Modi's visit, several agreements were signed between India and Sri Lanka, including debt restructuring and collaborations in power grid connectivity, digitalization, security, and healthcare.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
