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Uganda surrender’s Airport for China cash!

China’s aggression is going beyond the territories of the Asian continent. Neighboring nations are being suffered from Beijing to protect their land. In addition to that, China is giving debts to underdeveloped nations as per their requirement across the world. To get back its debt, China is forced to grab its assets if anyone finds default. China is to take over Uganda’s Entebbe International Airport for default on debt repayment. China has rejected Uganda's request to re-negotiate toxic clauses in the $200m loans picked six years ago for the Airport expansion.


The East Africa nation is going to lose its own on one and only Entebbe International Airport for the debt it has taken in 2015. Uganda Parliament gave its approval for $207 million from Exim Bank of China. The loan was supposed to upgrade the airport which included the modification of the main terminal building. A team sent to China in 2019 returned with no positive results. China has rejected Uganda’s request to renegotiate the 13 toxic clauses in the Entebbe International Airport UGX713 billion loan agreement. The airport handles over 1.9 million passengers per year.  Not only Uganda, but there are also many nations like Sri Lanka, Maldives, Malaysia, Laos, and Pakistan that took billions of dollars from China for development activities.


Papua New Guinea took 2 billion dollars of loan from China to build skyscrapers, infrastructure, and ports from China. The island nation is unable to pay even interest and the only way is to surrender to Beijing.  Laos, the nation signed a 25-year agreement allowing a majority Chinese-owned company to control its power grid. Now China got majority control over Laos electric grid. There are nearly 150 countries that fall under The Chinese money trap and took $1.5 trillion either indirect loans or trade credits from China. Belt & Road Initiative (BRI) project aims to connect port connectivity or land connectivity to Beijing for all member nations. Now it turns to be Chinese debt-trap diplomacy.

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