The Sri Lankan delegation headed by Prime Minister Ranil Wickremesinghe, who arrived in China on a four-day state visit last Wednesday, was warmly welcomed at the capital International airport in Beijing city. Deputy minister Kon Suang Yu of the Chinese foreign ministry and the Sri Lankan ambassador in China Dr. Karunasena Kodithuwakku were present at the airport to receive the Sri Lankan representatives. Thereafter they were carried in a special motorcade to the China World Hotel, where they stayed.
Prime Minister Ranil Wickremesinghe during his tour conducted talks with Chinese President Xi Jinping, Prime Minister Li Keqiang and chairman of the Chinese National People’s Congress committee Yang Jan. Agreements were signed in many fields including economic, investments, technology, sports, tourism, financial services, water supply and science. The Prime Minister also conducted talks with leading entrepreneurs in China.
The following is the list of cabinet decisions relating to China which were approved last week;
l Rehabilitation of roads under China Development Bank funded priority roads Project 3 – Phase II. The proposal made by Minister of Higher Education and Highways, Lakshman Kiriella to develop 20 roads of 128.85 km in length in Central and Sabaragamuwa Provinces under the above project, was approved by the Cabinet of Ministers.
l The proposal made by Minister of Tourism Development and Christian Religious Affairs, John Amaratunge to sign an MoU as proposed at the 7th meeting of the China-Sri Lanka joint Committee on Economic Cooperation.
l MoU between the Ministry of Commerce of the People’s Republic of China and the Ministry of Development Strategies and International Trade on comprehensive implementation of investment, economic and technological agreement.
l Sri Lanka has taken steps to encourage Chinese investors to promote investments in Sri Lanka through non-traditional financial methods by directing the relationship between the two countries in a new path. Accordingly the proposal made by Minister Malik Samarawickrama to sign the above MoU during the official visit of the Prime Minister to China, was approved by the Cabinet of Ministers.
l Memorandum of Understanding between Central Bank of Sri Lanka and the China Development Bank – The proposal made by Prime Minister Ranil Wickremesinghe to sign the above MoU during the official visit in view of maintaining financial stability of the country, enhancing liquidity of the market and promoting the development of agriculture and infrastructure in Sri Lanka, was approved by the Cabinet of Ministers.