header logo
Asia asset finance
Mogo Academy
Latest
US urging Sri Lanka to make ‘difficult’ choices over China ties
Oct 23, 202001:25 PM
US urging Sri Lanka to make ‘difficult’ choices over China ties
Mobitel Inner

WASHINGTON--The United States is urging Sri Lanka to make “difficult but necessary choices” to secure its economic independence instead of choosing opaque practices, a senior State Department official said on Thursday, in an apparent reference at China deepening its influence over the South Asian country.

 

U.S. Secretary of State Mike Pompeo will visit Sri Lanka next week as part of a wider trip that includes India, Maldives and Indonesia with the main goal expected to be garnering support in countering China.

 

Pompeo’s trip comes a week before the Nov. 3 U.S. election in which President Donald Trump has made being tough on China a key part of his campaign to secure a second term. He has blamed China for mishandling the spread of the coronavirus which has killed 221,000 people in America and over 1.1 million globally.

 

Pompeo and other senior U.S. officials have kept a harsh rhetoric on China, dismissing Beijing’s investments across the globe as “debt diplomacy” alleging that it leaves poorer nations saddled with too much debt.

 

In a telephonic briefing with reporters, without explicitly naming China U.S. officials warned the Sri Lankan government about who they team up with for their economic partnerships.

 

“We encourage Sri Lanka to review the options we offer for transparent and sustainable economic development in contrast to discriminatory and opaque practices,” said Dean Thompson, principal deputy assistant secretary at State Department’s Bureau of South and Central Asian Affairs.

 

“We urge Sri Lanka to make difficult but necessary decisions to secure its economic independence for long-term prosperity,” Thompson said.

 

China has been making increasing inroads into South Asia with its Belt and Road Initiative, aimed at financing critical infrastructure in dozens of countries across the world.

 

In 2017, Sri Lanka signed over control of a Chinese-financed port and land around it to Beijing after incurring heavy losses, to the alarm of the United States and regional power India.

 

Source: Reuters

 

-Agencies

 

 

 

MostRead
Mobitel Upahara
VideoStories
 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

 Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

32 dengue related deaths reported this year : Public not taking situation seriously

32 dengue related deaths reported this year : Public not taking situation seriously

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

 Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

Lassana Flora