Government says no final agreement on Hambantota port

The Government says there is no final agreement yet on the Hambantota port between a Chinese company and the Government.

Prime Minister Ranil Wickremesinghe told Parliament discussions on the port agreement are still ongoing.

He said the final draft agreement will be submitted to Parliament before it is signed.

The Prime Minister said that the Government is facing a severe financial loss as a result of the port and the losses need to be covered.