News
President’s India, China visits to focus on investments
View(s):By Damith Wickremasekara
President Anura Kumara Dissanayake will be sharing the new government’s policies with India’s Prime Minister Narendra Modi during his forthcoming visit to India, and shortly after, early next month, an official visit to China, where attracting investments, continuing with projects suspended, and negotiations of restructuring of loans will be the focus.
Foreign Minister Vijitha Herath told the Sunday Times that discussions were underway with Indian officials on the MoUs (Memoranda of Understanding) expected to be signed between the two countries in New Delhi. He said the
focus was likely to centre on Indian investment projects, especially in the power sector.
The visit is scheduled for Monday, December 16. The government was working out the delegation that was to accompany the President.
An official visit by President Dissanayake to China was on the cards early next month, and several MoUs on education and technology would be signed, Minister Herath said.
He said highway projects for which Chinese funding had been provided and later suspended were also among the subjects that would be taken up for discussion during the visit.
“The Chinese government has funded Sri Lanka on several projects and supported the country on the debt restructuring progamme. Among the assistance provided has been the school uniform material for children for next year as a grant and a digitalisation project for schools. Therefore, we believe that the visit will be helpful to obtain further economic support and strengthen relations,” the minister said.
The best way to say that you found the home of your dreams is by finding it on Hitad.lk. We have listings for apartments for sale or rent in Sri Lanka, no matter what locale you're looking for! Whether you live in Colombo, Galle, Kandy, Matara, Jaffna and more - we've got them all!