China welcomes Sri Lankan foreign minister’s remarks on ‘Chinese debt trap’
China welcomes Sri Lankan Foreign Minister Mohamed Ali Sabry’s rebuttal of the narrative of the so-called Chinese “debt trap” in Sri Lanka, Foreign Ministry Spokesperson Zhao Lijian said here on Monday.
Sabry has said that when Sri Lanka went to China in search of funds, China was respectful and never forced Sri Lanka to take money. China also provided Sri Lanka with some financial facilities and credit line, as well as some humanitarian assistance, Sabry said, adding that the “debt trap” is a Western phrase.
Zhao said this is a strong rebuttal to the narrative about the so-called Chinese “debt trap” in Sri Lanka.
The spokesperson reiterated that China’s assistance to Sri Lanka never comes with any political strings attached, and China never seeks any selfish political gains from its investment and financing in Sri Lanka.
“China fully relates to the difficulties and challenges faced by Sri Lanka and supports relevant financial institutions in discussing with Sri Lanka and properly resolving them. We have all along provided support to Sri Lanka’s socioeconomic development as long as our ability permits,” he said.
This year marks the 65th anniversary of China-Sri Lanka diplomatic relations, and the 70th anniversary of the Rubber-Rice Pact, Zhao said, noting that it is of great significance in building on past achievements and working for fresh progress.
China will work with Sri Lanka to carry forward the traditional friendship, cement strategic mutual trust, deepen and expand practical cooperation, and consolidate and expand the China-Sri Lanka strategic cooperative partnership to better deliver benefits to the two countries and the two peoples, he stressed.
(Xinhua)
Latest Headlines in Sri Lanka
- Sri Lanka Defence Secretary graces 53rd Bangladesh Armed Forces Day November 26, 2024
- MP Ramanathan Archchuna faces arrest warrant over 2021 traffic incident November 26, 2024
- Court orders Arjuna Mahendran to appear over 2015 treasury bond case November 26, 2024
- Sri Lanka to present 2025 Budget on January 9, 2025 November 26, 2024
- Sri Lanka Government issues gazette on ministries’ subjects and responsibilities November 26, 2024
Thanks Ali Sabry. IF SL is ever to compete with rest of the world- even with countries those were at the same level 50 years ago, thanks to divide and bicker praising the democracy living on the borrowed money, giving more subsidies at each election just to win – we have to burrow a lot to be in a competitive position. That is the truth. Only China helped us to come out of the pit. But the greed and the corruption of the nation wasted it all and a friend too who helped us genuinely. Tourists do not travel in Srilankan Kasi Kabal planes to visit the paradise in Indian ocean, but to us another airline for example.