header logo
Asia asset finance
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
Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Lassana Flora