Sri Lanka Foreign Minister Ali Sabry will visit China on June 24 for a seven -day visit.
The Chinese Ministry of Foreign Affairs released on Wednesday (June 21) that at the invitation of Chinese State Councilor and Foreign Minister Qin Gang, Sabri will visit China from June 24th to 30th.
Sri Lanka has fallen into the economic crisis in recent years. In April last year, it owed a total of 46 billion US dollars (the same, about 61.8 billion yuan) foreign debt.52%.In September last year, the Sri Lankan government reached an agreement with the International Monetary Fund (IMF) to obtain a $ 2.9 billion rescue plan that the condition was that Sri Lanka must be "financial guarantee" by creditors.
Japan, India, and other creditor countries, known as the "Paris Club", have successively guaranteed this year, and China is finally a creditor country that shows its intention.
Sri Lanka President Victor Marinha revealed in March this year that China has agreed to reorganize Sri Lanka debt.The International Monetary Fund subsequently approved a loan plan for Sri Lanka to take a key step in helping Sri Lanka to stabilize the economy and start reorganizing debts.
