header logo
Vallibel FD
vallible LE
Latest
China re-affirms support for Sri Lanka’s post-COVID-19 economic revival
Apr 30, 202012:08 AM
China re-affirms support for Sri Lanka’s post-COVID-19 economic revival
Mobitel inner 1278

The Chinese government has re-affirmed its support to the Sri Lankan government to revive the economic in the post-COVID–19 period, the President’s Media Division said.

 

“Sri Lanka is a special friend of China.  We have long standing and cordial relations between the two countries.  When we faced COVID- 19 disaster recently, Sri Lanka stood with us. China is willing to return that goodwill in the form of fullest cooperation to revive Sri Lanka’s economy in the post-COVID – 19 period”, the Acting Ambassador and  Chargé d’affaires of the Chinese Embassy in Colombo Hu Wei said, during a meeting with President Gotabaya Rajapaksa at the Presidential Secretariat on Wednesday (29).

 

Exchanging pleasantries with President Rajapaka, the Acting Ambassador who paid a courtesy call on the President quoting a Chinese saying said that “true friendship is to stick together in sorrow and happiness”. 

 

He said his country and the people are grateful to Sri Lanka for being a friend in both good and bad times. Mr. Wei emphasized that China expects to assist Sri Lanka to overcome its future challenges. 

 

Sri Lanka will receive help not only from the Central Government of China but also from the country’s leading companies and banks to rebuild its economy in the post – COVID -19 period.

 

Recalling the assistance extended by China to Sri Lanka from the time of Rubber-Rice Pact President Rajapaksa said China stood with Sri Lanka during the armed conflict and the post-conflict development drive, the PMD reported.

 

COVID – 19 pandemic has adversely impacted not only the global economy but also Sri Lanka, President Rajapaksa noted. The sharp drop in foreign exchange earnings has posed an enormous challenge before the country, the President added.

 

Due to the nosedive plunge of global economy we have lost the income generated by apparel industry and tourism. It might take a considerable amount of time for the global economy to recover. As such, Sri Lanka has planned to adopt  a new development model to create a production economy said the President while adding that he hopes to receive the positive responses and goodwill of friendly nations to make it a success.

 

“Our expectation is not just limited to receiving loans and financial grants.  One of our prime objectives is to attract foreign investments which can positively contribute to the increase in production.  There are ample opportunities for foreign investments in various sectors including agriculture based production and in the construction field.  I invite China and other countries to make use of those opportunities”, the President said.

 

Replying to a query by the Acting Ambassador on the progress of current COVID–19 prevention activities President Rajapaksa said the spread of the virus is under control in general.  President explained the reasons for the sudden spike in infections during the last few days and said remedial steps have been taken immediately.

 

-PMD

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Govt. to amend Organised Crime Prevention Bill

Govt. to amend Organised Crime Prevention Bill

 Monks seek pardon for Gnanasara Thero; Urge govt. to curb anti-Buddhist activities in the country

Monks seek pardon for Gnanasara Thero; Urge govt. to curb anti-Buddhist activities in the country

GMOA to stage protest in Colombo tomorrow; Govt reserves right to take action against obstacles – MP

GMOA to stage protest in Colombo tomorrow; Govt reserves right to take action against obstacles – MP

Showers wreak havoc across Sri Lanka; Another low pressure system over Bay of Bengal on Nov. 11

Showers wreak havoc across Sri Lanka; Another low pressure system over Bay of Bengal on Nov. 11

What caused floods in Colombo? Special emergency response taskforce to be set up

What caused floods in Colombo? Special emergency response taskforce to be set up

New bills should empower courts rather than police and politicians -Ex-Justice Minister on Hyde Park

New bills should empower courts rather than police and politicians -Ex-Justice Minister on Hyde Park

Deniyaya Tragedy: Bodies of all victims recovered Another teenager goes missing after boat accident

Deniyaya Tragedy: Bodies of all victims recovered Another teenager goes missing after boat accident

Hindus worldwide mark Deepavali Festival; Special celebrations held across Sri Lanka

Hindus worldwide mark Deepavali Festival; Special celebrations held across Sri Lanka

32-year-old arrested with a large haul of heroin and ‘Ice’ in Thalawathugoda

32-year-old arrested with a large haul of heroin and ‘Ice’ in Thalawathugoda

 Colombo's drainage system can handle only around 30 mm of rainfall – Mayor

Colombo's drainage system can handle only around 30 mm of rainfall – Mayor

Opposition Leader Sajith criticizes government over handling of severe flooding in Colombo

Opposition Leader Sajith criticizes government over handling of severe flooding in Colombo

 No issues concerning overall fuel supply or distribution Stocks secured until mid-2027

No issues concerning overall fuel supply or distribution Stocks secured until mid-2027

 Election Commission suspends SLFP’s status as a ‘recognized political party’ amidst major split

Election Commission suspends SLFP’s status as a ‘recognized political party’ amidst major split

 Detention period in Organised Crime Prevention Bill to be reduced from 72 to 48 hours – President

Detention period in Organised Crime Prevention Bill to be reduced from 72 to 48 hours – President

Government has not taken decisions harmful to public -- Dy Minister Mahinda Jayasinghe

Government has not taken decisions harmful to public -- Dy Minister Mahinda Jayasinghe

Lassana Flora