Aug 17, 2021

SL signs RMB 2000 m Term Facility with China

izChina has extended a RMB 2000 million (LKR 61.5 Billion) Term Facility Agreement with the China Development Bank today (17).

Sri Lankan Ambassador to China - Dr. Palitha Kohona signed on behalf of China while Mr. Wang Wei - Director General of International Cooperation Department II, Global Finance of the CDB signed on behalf of the bank.

The Chinese Embassy in Sri Lanka Tweeted that this agreement was signed upon a request from Sri Lanka to support its #COVID-19 response, economic revival, financial stability and livelihood betterment.

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