FILE PHOTO - A group of Sri Lankan visitors at the new deep water shipping port watch Chinese dredging ships work in Hambantota, 240 km (150 miles) southeast of Colombo, March 24, 2010. REUTERS/Andrew Caballero-Reynolds/File Photo
COLOMBO (Reuters) - Sri Lanka signed a long delayed $1.1 billion (837.58 million pounds) deal on Saturday to lease its southern Hambantota port to China ignoring an appeal by opposition parties to debate the pact in parliament.
The deal was signed between the two state firms -- Sri LankaPorts Authority (SLPA) and China Merchants Port Holdings to handle the commercial operations of the Chinese-built port on a 99-year lease.
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