Lanka, China sign a number of agreements
Sri Lanka signed a number of agreements with China to further support
existing projects and to initiate new ones. China pledged to provide
further funding to develop Sri Lanka's transport sector including a
number of expressways, road networks and railway lines, the Colombo-Jaffna
expressway being significant. Investments in the country's road network
will also include developing a Colombo-Kandy-Kurunegala expressway and
extending the southern expressway from Matara to Kataragama.
The two countries also signed an agreement to establish two
committees that would work towards a free trade agreement.
This would give Sri Lankan products wider access in the Chinese
market and help rectify the trade imbalance. Other projects that China
agreed to support include the following: Water supply schemes in
Attanagalla, Minuwangoda and Kurunegala, an international conference
hall in Kandy, an arts theatre in Anuradhapura and the development of
the national hospitals in Colombo and Ragama.
External Affairs Minister Prof. G.L. Peiris, Monitoring MP for the
Ministry of External Affairs Sajin de Vaas Gunawardena, Ministers Wimal
Weerawansa and Douglas Devananda, Parliamentarians A.H.M. Azwer and
Namal Rajapaksa, Secretary to the President Lalith Weeratunga, Secretary
to the Ministry of Finance Dr. P. B. Jayasundara, Chief-of-Staff Gamini
Senerath and Sri Lanka's Ambassador in China Ranjith Uyangoda were
present at the bilateral meetings during which the agreements were
signed. |