brand logo

China confident SL will overcome difficulties

13 Jan 2022

Chinese Foreign Ministry Spokesman Wang Wenbin has expressed confidence that the concerted efforts of the Sri Lankan Government and its people, along with assistance from China, will see the country overcome its “temporary difficulties” as soon as possible. At a media briefing held on Monday (10), the spokesperson, responding to media queries regarding Sri Lanka’s request for debt relief from China, stated: “Since the establishment of diplomatic ties, China and Sri Lanka have been showing each other understanding and support. China has been providing assistance to Sri Lanka’s economic and social development to the best of its capacity and will continue to do so in the future. It is believed that with the concerted efforts of the Sri Lankan Government and people, the country will surely overcome the temporary difficulties as soon as possible, and usher in renewed and greater development.”  Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal announced on Wednesday (12) that the Sri Lankan Government is in negotiations with China to obtain a loan to cushion the effect of the existing debt repayments to China. Cabraal added that Sri Lanka has a very good understanding with China about its debt and debt repayment as well as investments, but refused to disclose any further details on this possible Chinese loan. During a meeting with Chinese Foreign Minister Wang Yi in Colombo on Sunday (9), President Gotabaya Rajapaksa asked China to help restructure debt repayments as part of efforts to help the country weather a worsening financial crisis, a statement from the President’s Media Division (PMD) noted. While stating that China would always step forward to assist Sri Lanka during difficult times, Wenbin assured that China will never interfere in Sri Lanka’s internal affairs. He noted that China firmly supports Sri Lanka in safeguarding national sovereignty, independence, and territorial integrity. “As we celebrate the 65th anniversary of the establishment of diplomatic relations between China and Sri Lanka, and the 70th anniversary of the signing of the Rubber-Rice Pact, China is ready to work with Sri Lanka to carry forward the spirit of the Rubber-Rice Pact, characterised by independence, self-reliance, unity, and mutual support; further deepen political mutual trust; fight against the epidemic together; synergise development strategies; promote multilateralism; and consolidate and expand the bilateral strategic co-operative partnership.” Wenbin further noted that China would make good use of the two flagship projects of Colombo Port City and Hambantota Port to help Sri Lanka realise President Gotabaya Rajapaksa’s “Vistas of Prosperity and Splendour” policy statement, and better deliver benefit to the two countries and their peoples. Dismissing claims that joint Chinese investments are expensive and not profitable, he asserted that the co-operation between China and Sri Lanka is mutually beneficial, and has been warmly welcomed by all sectors in Sri Lanka. He also assured the media that Sri Lanka would remain firmly committed to the “One China” policy, and staunchly support China’s proposals in the international arena.

Kapruka

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


More News..