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Wednesday, July 17, 2024

China Vows Continued Support for Sri Lanka’s Development

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Chinese Foreign Ministry Reaffirms Support for Sri Lanka’s Economic Development Amid Debt Discussions

During the 13th round of diplomatic consultations between Sri Lanka and China in Beijing, Chinese Foreign Ministry Spokesperson Lin Jian reiterated China’s commitment to assisting Sri Lanka’s socio-economic development and ensuring debt sustainability.

Responding to queries about ongoing negotiations with China’s Exim Bank and China Development Bank, Lin Jian stated, “China continues to support Sri Lanka to the best of our ability and remains ready to collaborate with relevant parties and international financial institutions.”

President Ranil Wickremesinghe aims to finalize agreements with creditor nations in the coming weeks, following discussions that primarily focused on addressing Sri Lanka’s significant debt challenges.

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