Sri Lankan Foreign Minister G L Peiris Says 'India's Support Has Made A World Of Difference To Our Economic Situation' swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Sri Lanka Asks China To Restructure Its Debt As Country Faces Its Gravest Economic Crisis swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Chinese foreign minister Wang Yi arrived in Sri Lanka on Sunday as he declared that no "third party" should interfere in relations between the two countries while referring to India.
Wang met Prime Minister Mahinda Rajapaksa. China's Xinhua news agency quoted the Chinese foreign minister saying that "it does not target any third party and should not be interfered with by any third party.”
In addition to foreign debt obligations exceeding $7 billion, Sri Lanka’s foreign reserves are down to $1.6 billion, barely enough for a few weeks of imports.