Sri Lankan President Dissanayake to visit China mid-January


Sri Lankan President Anura Kumara Dissanayake.

Sri Lankan President Anura Kumara Dissanayake.
| Photo Credit: PTI

Sri Lankan President Anura Kumara Dissanayake on Saturday (December 21, 2024) announced plans for an official tour to China in mid-January, following his recent visit to India.

Mr. Dissanayake’s announcement came days after he and Prime Minister Harini Amarasuriya met with Qin Boyong, Vice-Chairwoman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) here on Tuesday and Wednesday, and reaffirmed the island nation’s commitment to advancing high-quality development under China’s multi-billion dollar Belt and Road Initiative (BRI).

“I will be going to China in mid-January,” Mr. Dissanayake told reporters in Kandy, a central district town.

Mr. Dissanayake’s visit to India last week marked his first overseas trip since assuming the presidency on September 21.

Upon his return to Colombo, a senior Chinese official met with President Dissanayake, confirming that preparations for his upcoming visit to Beijing were underway.

China has expressed its continued support for Sri Lanka. Mr. Dissanayake has expressed gratitude to China for its support to restructure its international debt.

BRI is a mega connectivity project that connects China with Southeast Asia, Central Asia, Russia and Europe.

India is opposed to BRI, a pet project of Chinese President Xi Jinping to further the global influence of China with investments to build infrastructure projects. New Delhi has protested against Beijing for building the $60 billion China-Pakistan Economic Corridor (CPEC), stated to be the flagship project of the BRI, through the Pakistan-occupied Kashmir (PoK) in violation of its sovereignty.

India is also vocal about its criticism of BRI projects stating they should be based on universally recognised international norms, good governance, and the rule of law and follow principles of openness, transparency and financial sustainability.

India, the U.S. and several other countries raised concerns over the BRI as China doled out huge loans to smaller countries for infrastructure projects without taking into consideration their ability to pay back the money. BRI has raised concerns after China acquired Sri Lanka’s Hambantota port for a 99-year lease as a debt swap.



Source link

spot_img

More from this stream

Recomended

Bangladesh halves power buying from Adani amid payment disputeFundamental sciences important in developing talent for future: GE Aerospace CTOAndaman and Nicobar police to query Starlink over device used by drug smugglersBasil Kwauk will replace Klaus Goersch as Air India COOMeta seeks nuclear power developers for reactors to start in early 2030s'आपका दिमाग खराब नहीं होना चाहिए', Stree 2 की बॉक्स ऑफिस सक्सेस पर क्या बोले पंकज त्रिपाठीGaurav Gogoi critiques Infosys Narayana Murthy's views on work-life balance, highlights gender challengesWatch: Marriage season, Delhi smog drove travel demand in November: ixigo CEOSuraj Estate Developers acquires vacant Mumbai plot for ₹101 crore Investment in PET recycling industry to doubleSPF to bring together 30 startups, policymakers and regulatorsAbhinandan Lodha acquires Mumbai American Centre for ₹56 croreHyundai to hike prices by up to ₹25,000 from January 1, 2025RBI gives nod to Canara Bank’s proposal to divest its stake in life insurance, MF venturesPutin praises PM Modi: Investments in India profitable; Russian firms ready to set manufacturing operationsSensex, Nifty face volatile trends after RBI policy announcementMaruti Suzuki, JSW MG Motor car prices to go up from JanuaryMahindra changes electric SUV brand name to BE 6; to contest brand rights of BE 6e in courtSoap, home insecticides segments hit, GCPL expects flattish volume growth in India sales in Q3Insolvency process: RBI Deputy Guv pitches for enforceable code of conduct for CoC