As the Hambantota Port, the flagship port of Sri Lanka is suffering from huge losses, in the month of July this year the country's new government signed an agreement to lease its deep-sea port of Hambantota to China Merchant Port Holdings (CMPort) in late July. The Sri Lankan government is aware that it relies on China's investment in its infrastructure. Not only that, it also actively attracts the United States, European Union, Japan and South Korea to finance its infrastructure. Indrajit Coomaraswamy, governor of the Central Bank of Sri Lank holds a realistic view, where he is noted to say, "There is a phrase, 'strategic promiscuity', which is what we should indulge in… The trick is to get everybody to come."