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Tag: Hambantota Port

China reaffirms financial support for Sri Lanka

Posted on March 30, 2024 By admin
China reaffirms financial support for Sri Lanka

This handout photo released by Sri Lankan Prime Minister’s Office on March 27, 2024 shows Sri Lanka’s PM Dinesh Gunawardena (left) with Chinese President Xi Jinping, before a meeting in Beijing. | Photo Credit: AFP China has said it would continue to support Sri Lanka, as the crisis-hit island nation’s Prime Minister on March 30…

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Sri Lankan Prime Minister Dinesh Gunawardena arrives on six-day visit to China

Posted on March 25, 2024 By admin
Sri Lankan Prime Minister Dinesh Gunawardena arrives on six-day visit to China

Dinesh Gunawardena. File | Photo Credit: AP Sri Lankan Prime Minister Dinesh Gunawardena arrived at Beijing on March 25 for a six-day official visit during which he will hold talks with Chinese President Xi Jinping and Premier Li Qiang on ways to further deepen bilateral ties. “Mr. Gunawardena was received on his arrival by Chinese…

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Sri Lanka Confirms Major Debt Deal With China

Posted on October 12, 2023 By admin
Sri Lanka Confirms Major Debt Deal With China

China holds about 52 per cent of Sri Lanka’s $46 billion external credit. Colombo: The Sri Lankan government has confirmed that it has concluded a preliminary deal with China on the restructuring of its debts to Beijing, seen as a “big step” in the cash-strapped country’s economic recovery. In a statement issued on Wednesday, the…

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