Sri Lanka

China and Sri Lanka Forge Stronger Economic Ties

China and Sri Lanka Forge Stronger Economic Ties

China and Sri Lanka have pledged to enhance investment and economic cooperation following a meeting between Chinese President Xi Jinping and Sri Lankan President Anura Kumara Dissanayake in Beijing. The two nations signed 15 cooperation documents, including agreements on economic and technological development, and initiatives to align China's Belt and Road Initiative with Sri Lanka's 2030 digital economy blueprint. Specific details of the agreements were not disclosed during the signing ceremony. President Dissanayake's visit to…
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Sri Lanka and Japan Discuss New Funding for Carbon Reduction Projects.

Sri Lanka and Japan Discuss New Funding for Carbon Reduction Projects.

Sri Lanka and Japan have held talks regarding new financial support aimed at reducing carbon emissions, as well as resuming previously halted projects, according to a statement from President Ranil Wickremesinghe's media office. The discussions included an agreement between Sri Lanka and its official creditors to restructure bilateral debt, which enables Japan to provide new loans and restart suspended initiatives. The meeting focused on funding through Japan’s Joint Credit Mechanism (JCM), which supports projects aimed…
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