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China hits back at Nuland’s comments

Published

2 years ago

February 3, 2023

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China has said that the US “might as well show some sincerity and actually do something to help Sri Lanka weather through the current difficulties” rather than “jabbing fingers at China’s close cooperation with Sri Lanka”.

Foreign Ministry Spokesperson Ms. Mao Ning said thus during the regular press conference in Beijing yesterday (03), while responding to queries raised by journalists.

Prasar Bharati: US Under Secretary of State for Political Affairs Victoria Nuland during her visit to Sri Lanka has said that the terms extended by China to Sri Lanka for getting IMF debt relief are not enough. She said the US expects China, as the largest bilateral creditor to Sri Lanka, to give credible and specific assurance that matches IMF’s standard on debt restructuring. What is China’s comment or response to this and when is China considering to provide credible and specific assurances to Sri Lanka as required for debt relief by the IMF?

Mao Ning: What was said by the US side does not reflect the truth. The Export-Import Bank of China has already provided Sri Lanka with a letter to express support for its debt sustainability. Sri Lanka has responded positively and thanked China for that.

Rather than jabbing fingers at China’s close cooperation with Sri Lanka, the US might as well show some sincerity and actually do something to help Sri Lanka weather through the current difficulties.

As a friendly neighbor and true friend, China has been closely following the difficulties and challenges facing Sri Lanka and providing assistance for its economic and social development to the best of our capabilities. As to Sri Lanka’s debt to the Chinese side, we support Chinese financial institutions in having consultations with Sri Lanka to seek a proper settlement. China stands ready to work with relevant countries and international financial institutions and continue to play a positive role in helping Sri Lanka navigate the situation, easing its debt burden and helping it achieve sustainable development.

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All eyes are on China – Nuland

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Vote on Account for first four months of 2025 passed in Parliament

Published

1 hour ago

December 7, 2024

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The resolution for the Vote on Account, ensuring government operations and debt servicing for the initial four months of 2025, was passed in Parliament yesterday (6) without a vote.

The debate on the resolution, initially presented on 3 December, spanned two days.

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US delegation discusses economic and governance reforms with foreign minister

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1 hour ago

December 7, 2024

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A U.S. delegation led by Assistant Secretary Donald Lu met with Foreign Minister Vijitha Herath to congratulate Sri Lanka’s new administration. Discussions focused on shared priorities, including economic and governance reforms, with plans for tailored programs, capacity-building, and technical assistance to benefit the Sri Lankan people.

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CAA seizes bottled water stock in Hemmatagama over violations

Published

1 day ago

December 6, 2024

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The Consumer Affairs Authority (CAA) raided a factory in Hemmatagama, Mawanella, seizing over 3,000 bottles of drinking water prepared for distribution.

Investigations revealed that the factory’s Health Ministry registration certificate had expired and was obtained using false information. The seized stock included bottles of varying sizes from 500 ml to 19 liters.

The CAA emphasized that falsely claiming standards or endorsements violates the CAA Act, and legal action will be taken against the violators. Regular raids are conducted to prevent consumer deception.