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The US congress has reportedly approved a $5-million waiver, thereby quantifying the debt-for-nature swap offer made to Sri Lanka more than two years ago. It is widely believed that this sum is peanuts, considering that Sri Lanka owes the us close to $1 billion and that the latter would establish control over a sizeable chunk of the island nation's forest wealth if the deal is struck
Cash-strapped Sri Lanka under pressure to let the US play a decisive role in conserving its tropical forests
The Sri Lankan Supreme Court rules against a mining project that would have displaced thousands of people