header logo
Asia asset finance
Mogo Academy
Latest
PM and Speaker praise China-proposed Belt and Road initiative
Apr 15, 201912:29 AM
PM and Speaker praise China-proposed Belt and Road initiative

Sri Lankan politicians praised China-proposed Belt and Road Initiative (BRI) for its benefits to their country.

 

As China-assisted projects under the BRI, like the Colombo Port City project and the Hambantota International Port development project, have benefited the economy of Sri Lanka and the life of local people, and Sri Lanka is among the first countries joining the initiative, Prime Minister Ranil Wickremesinghe spoke highly of the BRI in an interview with China Central Television (CCTV).

 

Wickremesinghe noted he has seen more countries in favour of the BRI over the past years, as the initiative linking existing land and maritime roads is helpful to development.

 

“The Belt and Road Initiative is really creating an economic system, which is helpful to us in Asia. I would call it innovative,” he said.

 

Karu Jayasuriya, speaker of the Parliament, told CCTV that he is confident about the prospect of the BRI.

 

“Sri Lanka and China have been in a relationship which has been lasting for thousands of years. So, therefore, traditionally, we have been friends, and China has been a friend to us during good times and bad times, and we are very happy that China has been with us in this process of development. They have been involved with us in several development programs like the building of roads, buildings, the airports and also seaports, and especially in the infrastructure, the country is now opening up to the world as an ideal investment centre. So I’m happy with this initiative that you are taking. Sri Lanka will be seen as a country that is poised for growth,” said Jayasuriya.

 

As the second Belt and Road Forum for International Cooperation will be held in Beijing late April, Wickremesinghe said the Sri Lankan government participated in the first forum two years ago and got real benefits, so it will actively take part in the second forum as well.

 

“I was there at the first meeting of the Belt and Road Initiative [in Beijing]. We have all agreed together on the Belt and Road Initiative, it’s potential for economic development.” Wickremesinghe said.

 

The prime minister said the second Belt and Road Forum for International Cooperation will play a bigger role in the development and Chinese President Xi Jinping is courageous in starting the BRI.

 

The BRI, proposed by Chinese President Xi in 2013, aims to build a trade and infrastructure network connecting Asia with Europe, Africa and beyond.

 

Source: WION

 

-Agencies

 

 

 

MostRead
Mobitel 5g
VideoStories
 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Lassana Flora