India tells Sri Lanka to honour pact after Colombo port deal called off

India on Tuesday said it expected Sri Lanka to honour its agreement to allow it to operate a major port terminal following Colombo’s decision to pull out of the deal.The East terminal of Colombo port will be 100 per cent owned and operated by the state-owned Sri Lanka Port Authority (SLPA), minutes of a cabinet meeting released on Tuesday said.Sri Lanka had previously said the port would be 49 per cent operated by India and Japan, with SLPA retaining the majority stake.India and Japan would…