Beijing [China], June 16 (ANI): China’s Vice Minister of Foreign Affairs, Sun Weidong, not too long ago visited Sri Lanka and held a gathering with Sri Lankan President, Ranil Wickremesinghe, Sri Lanka-based Mawrata News reported. However, there was no point out of debt restructuring within the official bulletins issued after the assembly between the 2 leaders.
The official assertion launched after the assembly solely talked about that China will give most assist to Sri Lanka to get better from the financial disaster. China’s Vice Minister of Foreign Affairs invited him to China for a convention on China’s belt and highway initiative, as per the news report. Ranil Wickremesinghe could be attempting to go to China to debate debt restructuring.
This time, Wickremesinghe will request for the restructuring of the Chinese debt. However, China’s stance of 2014 is unlikely to witness a change in 2023, Upul Joseph Fernando wrote within the Mawrata News report. China is taking part in a sport of ‘Hide and Seek’ on Sri Lanka’s debt restructuring, the report stated additional.
Sri Lankan President final travelled to China on May 14, 2019. Sri Lanka’s then-President Maithripala Sirisena visited China to attend a convention and met with the Chinese President. Later, Gotabaya Rajapaksa took over as Sri Lankan President and he was additionally invited to China. However, Rajapaksa initially refused to go to China because of COVID-19 and later prevented China by travelling to different nations.
Chinese vice minister, who not too long ago travelled to Sri Lanka, invited Ranil to attend a convention in China. Ranil Wickremesinghe had attended a convention in Japan earlier than that and Beijing will need to have believed that collaborating in a convention in China could be simple for him, Mawrata News reported. However, the official assertion launched after the assembly didn’t point out debt restructuring.
In 2014, Sri Lanka’s Former finance ministry secretary PB held talks on debt restructuring with China even earlier than Sri Lanka went bankrupt, Mawrata News reported. Although the Mahinda Rajapaksa-led authorities in Sri Lanka at the moment was an in depth good friend of China. However, Beijing didn’t comply with the debt restructuring request.
Instead, China supposed to signal agreements to additional develop the Hambantota port and canopy the loss, in line with the news report. In 2017, Sri Lanka’s then-Prime Minister Ranil Wickremesinghe visited China and requested for mortgage aid. However, China declined the request. (ANI)