Sri Lanka places great importance on “One Belt One Road” initiative

Hon. Karunasena Kodithuwakku 06Sri Lanka places great importance on China’s “One Belt One Road” initiative, a Government official said.

The Government also encouraged Chinese investments, especially in new technology.

Karunasena Kodituwakku, Sri Lanka’s ambassador to China, made the remarks at a Dialogue in Tianjin and encouraged Chinese investment, especially in new technology, China Daily reported.

The event was the fourth gathering of governors, journalists, scholars, businessmen, and citizens from Tianjin and beyond. The highlight of the afternoon was the ambassador’s speech, during which he introduced Sri Lanka as a pearl and fast becoming a hub in the Indian Ocean.

He said that Sri Lanka would be open to all kinds of investment from China, but investment in new technology was most welcomed. “Youth today are more tempted to be engaged in new tech,” he said.

Chen Weiming, vice chairman of the Tianjin Association for Friendship with Foreign Countries, noted “We have built a formal platform between the two countries and offered our various sources to eliminate the risks of foreign investments.”

Zhang Bin, founder and inheritor of Jade Zhang, a traditional Tianjin brand selling jade and jewelry, said, “It was such an endurance to deal with the officials directly. The tax preferential policy sounds attractive and I hope they could be more open to small business.”

With 30 years’ experience in the jade trade, Zhang noted that the jade market in North China is very large and suggested, “Sri Lanka should bring more jade fairs to the North China.”

The ambassador also said that Sri Lanka places great importance on the “One Belt One Road” initiative, such as the 21st century Maritime Silk Road, a great opportunity for cooperation between the countries.

Sri Lankan Prime Minister Ranil Wickremesinghe visited Beijing last month, seeking more investment possibilities.

More than 20 officials from Sri Lanka’s Ministry of Agriculture visited an internet technology service provider in Beijing last Thursday, to gain better knowledge of mobile apps and easily accessible website-making software.

Sri Lanka has already collaborated with China in many ways, including education, infrastructure construction, import and export. In 2016, Sri Lanka expects 320,000 Chinese tourist arrivals, which is 1.5 times that of 2015. (Colombo Gazette)


  1. Now you have gone to China, it is a smart move. Watch out Tamils, the enemies will use Tamils again to destabilize the country.

  2. China economy is growing in Globally ,One Belt road is key new venture of the internationalization of New globalization of Giant- world- economy.
    It money terms counters Trillions of US dollars.
    The very people of Sri Lankan must benefited by own national policies and wealth by suited to adjust and address to ongoing trend course of New Economic Ventures initiated by Peoples Republic of China that New Belt Road.
    Is most viable venture ( New Belt Road )for Asian Common Market to be establish in future.

    Current UNP govt. to has change its mind set and adopted that current economic policies to be shifting that new Trading and Capital market .
    The crux of matter is Ranil W… lack of vision of new line of thinking is ongoing an economic crisis is challenge to Sri lanka Nation.?

    That is New World development of sustsnibility of Capitalism need to study by UNP -Orthodox policy makers.


Please enter your comment!
Please enter your name here