SRI LANKA: China to support in economic development

According to the Chinese Ambassador Sun Guo Xiang in the current economic development effort of Srilanka the People's Republic of China will offer support.

To launch new investment projects in the country special attention will be drawn towards bringing Chinese investors.

The Chinese Ambassador gave this assurance when he met Labour Relations and Foreign Employment Minister Athauda Seneviratne at his Ministry office recently.

During the talks the Chinese Ambassador said China and Sri Lanka had friendly relations for well over 50 years and added that China highly appreciated the solidarity and friendship shown towards it by Sri Lanka when the country was tabooed by the Western countries.

The Chinese Ambassador also recalled the great contribution made by late Prime Minister Mrs. Sirimavo Bandaranaike towards strengthening friendship and co-operation between the two countries said Sri Lanka was now reaping the benefits of her endeavours. He said the first stage of Chinese assistance to Sri Lanka had been for the development of its social and cultural sectors.

As the second stage of its assistance China would now help Sri Lanka in its economic development effort. Labour Relations and Foreign Employment Minister Athauda Seneviratne noted that China was reputed for its textile industry. A such Sri Lanka would welcome Chinese investments in the textile industry to help Sri Lanka produce its requirements of textiles including school uniforms locally.

The Chinese Ambassador promised to look into this matter as a priority. Ministry Secretary Mahinda Gammanpila was also associated with the Minister during the discussions.

May 08, 2004

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Added: May 8, 2004
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