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GL requests bridge financing and other support from China

  • 23 Apr 2022
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Minister of Foreign Affairs, Professor G.L. Peiris has requested the Chinese ambassador Qi Zhenhong for assistance in the form of bridge financing when the ambassador called on the minister at the Foreign Ministry on Thursday.

The Foreign Minister also apprised the Ambassador of the current situation in the country and the shortage of energy which has adversely affected the economy of Sri Lanka.

He briefed the Ambassador on the measures being put in place by the Government to immediately overcome the prevailing situation, including the ongoing discussion with the IMF for financial assistance as well as reformulating Sri Lanka’s debt.

The Ambassador of China stated that the Embassy of China in Colombo and Beijing were closely monitoring the evolving situation in Sri Lanka and assured assured that the Chinese Government would continue extending assistance in every possible way including direct Chinese Government support, regional Government support and support through Red Cross China.

The China International Development Cooperation Agency (CIDCA) has pledged an urgent emergency humanitarian aid of RMB 200 million to Sri Lanka, including 5000 tonnes of rice (with the previously announced 2000 tonnes), pharmaceuticals, production materials and other essentials. Furthermore, the Yunnan Province has announced a donation of RMB 1.5 million worth of food packages to Sri Lanka.

The Foreign Minister extended Sri Lanka’s profound gratitude to the Government of China for the unwavering and consistent support. The discussions also focused on people to people exchanges, support at the multilateral fora, poverty alleviation, among others.

Foreign Secretary Admiral Prof. Jayanath Colombage, senior officials of the Ministry of Foreign Affairs and officials of the Chinese Embassy were present during the meeting.

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