April 22, 2022
1 min read

China offers aid to SL after India’s back to back support

The Chinese Embassy in Colombo in a tweet said that China will provide emergency humanitarian assistance to Sri Lanka to help its people overcome current difficulties….reports Asian Lite News

With back to back financial support from India, China has announced on providing emergency humanitarian assistance to the crisis-hit Sri Lanka facing its worst ever economic down turn leading to social and political catastrophe.

The China International Development Cooperation Agency (CIDCA) has stated that the Beijing was aware about Sri Lanka’s economic difficulties and as a traditionally friendly and close neighbour, has decided to provide emergency humanitarian assistance to the country to help it cope with these difficulties.

“We believe that the government and people of Sri Lanka will be able to overcome the temporary difficulties, and maintain economic and social stability and development,” CIDCA spokesman Xu Wei told the media.

The Chinese Embassy in Colombo in a tweet said that China will provide emergency humanitarian assistance to Sri Lanka to help its people overcome current difficulties.

However details of what China plans to supply has not being detailed.

Beijing’s announcement on humanitarian assistance come in the wake of India’s latest support with another $500 million to buy fuel to Sri Lanka which has seen bloody protests including police open firing at people demanding fuel.

On Tuesday in the central city of Rambukkana one person was killed and dozens injured when police fired at the protestor who blocked roads and railway lines.

Foreign Minister G.L. Peiris on Wednesday told about India’s additional financial assistance to Sri Lanka seeking an urgent bailout from the International Monetary Fund (IMF) in a way of a rapid financial assistance.

To ease the crisis, Sri Lanka is seeking a total of $3 billion in the coming months from multiple sources including the World Bank and India.

Since January, India has provided nearly $2.5 billion with money swaps, and other assistance in supplying fuel, food and medicine.

ALSO READ: Lankan exporters can now pay diesel in US dollars

Previous Story

Pakistan admits to drone strikes inside Afghainistan

Next Story

UK PM hops onto bulldozer at JCB plant in Gujarat

Latest from -Top News

Vance Defends US Sanctions, Tariffs on India

Vance said the Trump administration is making it harder for Moscow to profit from its oil economy through measures that include tariffs on India….reports Asian Lite News US Vice President JD Vance

Bangladesh Rejects Dar’s 1971 Claim

During his two-day Dhaka visit, the first in 13 years, Dar made the claims after meeting interim Foreign Affairs Advisor Hossain…reports Asian Lite News Bangladesh has rejected Pakistani Deputy Prime Minister and
Go toTop

Don't Miss

China accuses Canadian jets of provocations

China urged Canada to refrain from provocations in international airspace,

China leans on courts to pry western technologies

The battle over China’s acquisition of technology has raged for