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Taiwan claims Sri Lanka’s economic crisis is a consequence of China's debt trap

07 Jul 2022

Taiwan’s Ministry of Foreign Affairs spokeswoman Joanne Ou has alleged that China has a part to play in terms of the ongoing economic crisis in Sri Lanka. Ou said that the unprecedented crisis since Sri Lanka’s independence in 1948 underscores the consequences of China’s “Belt and Road” initiative-incurred debt trap. The Belt and Road Initiative is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 70 countries and international organisations. Meanwhile, the Ministry noted that the 60 Taiwanese expatriates in Sri Lanka are safe and added that it will keep in contact with Taiwanese citizens and that individuals can reach the ministry or its representative office in Thailand’s Chiang Mai for assistance.  Taiwan imposed the highest travel advisory level, red, for Sri Lanka in April, warning against any visit to the country.   With inputs from agencies

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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!


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