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    HomeBreakingChina is Ready to Ease Sri Lanka's 'Debt Burden'

    China is Ready to Ease Sri Lanka’s ‘Debt Burden’

    The Chinese government says it is ready to work with relevant countries and international financial institutions to play a positive role in helping Sri Lanka ease its debt burden.

    “We urge multilateral institutions and commercial creditors to participate in debt restructuring to share the burden fairly.” The Chinese Ministry of Foreign Affairs has stated.

    The Chinese government also claims that the Export-Import Bank of China has reached a provisional agreement with Sri Lanka regarding debt treatment as an official creditor.

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