President discusses current debt issues with China’s Exim Bank

12 January 2023 10:58 am Views - {{hitsCtrl.values.hits}} 4 Bookmark

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Chairman of the Export-Import Bank of China Wu Fulin held a video conference with President Ranil Wickremesinghe and exchanged views on bilateral cooperation and Sri Lanka's current debt issues, Chinese Embassy in Sri Lanka said.

It said in a twitter post that “The two sides agreed to further strengthen exchanges and collaboration on the resolution of Sri Lanka's debt issues, and help the island's economic recovery and sustainable development.”

Comments - 4

Robin Banks Thursday, 12 January 2023 12:42 PM

The president is angling to get another loan at an exorbitant interest rate, and when we can't pay he will leas Trincomalee for 99 years.

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Buddhist Thursday, 12 January 2023 07:23 PM

The statement clearly shows how China is holding back, it does not take so long for debt negotiation.

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Ben Thursday, 12 January 2023 07:36 PM

This president and parliament do not have people’s mandate, within another couple of months they will disappear in to air after incoming elections, Srilankans are expecting solid,permanent, trustworthy relation with China,

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Sinna Friday, 13 January 2023 11:38 AM

Many Srilankans thinking Exim bank of China and other Chinese institutions pave the way for SriLankan politicians to swindle borrowed funds bypassing international norms, in return earning higher interests and get hold of contracts, its worth if Exim bank do something to erase what embedded in their minds

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