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China assures comprehensive assistance in Sri Lanka’s debt restructuring

02 Oct, 2024

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China assured comprehensive assistance in restructuring Sri Lanka’s debt.

Qi Zhenhong, the Ambassador of the People?s Republic of China to Sri Lanka, met with President Anura Kumara Dissanayake at the Presidential Secretariat, Wednesday.

The Ambassador extended his heartfelt congratulations to the President on his recent election victory and expressed China?s continued commitment to supporting Sri Lanka in its future endeavours.

Ambassador Qi reaffirmed the Chinese government?s continued commitment to enhancing bilateral relations with Sri Lanka, emphasizing the significance of on-going collaborative projects.

He highlighted the active engagement of the China Development Bank (CDB) and EXIM Bank in supporting Sri Lanka?s development initiatives.

Moreover, Ambassador Qi assured that both institutions, as key commercial and bilateral creditors, will provide comprehensive assistance in the debt restructuring process, underscoring China?s dedication to supporting Sri Lanka?s economic stability and growth. (Colombo Gazette)

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