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China to provide 2 billion Yuan in assistance to Lanka.

Sri Lanka Politics

Source: Daily News

Prime Minister Ranil Wickremesinghe with Chinese President XI Jinping on the sidelines of the One-Belt-One-Road conference held in Beijing, China on Monday.

Chinese President Xi Jinping yesterday pledged to provide assistance to the tune of 2 billion Yuan to Sri Lanka for the 2018 – 2020 period in addition to Chinese assistance of 400 million yuan for development projects being implemented in the country this year.

The Chinese President made this pledge when he met Prime minister Ranil Wickremesinghe in Beijing yesterday.He reiterated that China will extend its fullest cooperation to Sri Lanka to promote peace,reconciliation and economic development in the country.

The Chinese President stressed the importance of further improving the bilateral ties when the two nations mark the 60th anniversary of establishing diplomatic relations between the two nations and 65th anniversary of signing Rubber–Rice Pact between the two nations.

Prime Minister Wickremesinghe opined that organising the One Belt–One Road Conference in China and the Chinese President’s participation at the World Economic Summit in Davos will help all countries have closer cooperation and reach common victories.

The Chinese President in turn said that unity among countries will ensure development and prosperity to all and will create an atmosphere to negate adverse the effects of globalisation on the people.

Prime Minister Wickremesinghe thanked the Government and the people of China for extending cooperation for Sri Lanka’s development.


2 min read

Published

By Madhura Seneviratne

Source: Daily News




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