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China says committed to Lanka's economic development

Expressing its commitment to Sri Lanka's economic development, China today assured the country of all assistance in key infrastructure and socio-cultural projects in the post-LTTE era.

world Updated: Jun 12, 2010 15:41 IST

Expressing its commitment to Sri Lanka's economic development, China today assured the country of all assistance in key infrastructure and socio-cultural projects in the post-LTTE era.

This was conveyed by visiting Chinese Vice Premier Zhang Dejiang to President Mahinda Rajapaksa during a breakfast meeting between them.

The Chinese Vice Premier discussed the progress in key aspects of economic cooperation between Sri Lanka and China, including the work on the Colombo–Katunayake Expressway, extension of the railway from Matara to Kataragama and Norochcholai Coal Power Project in the North Western Province.

The construction work on these projects was proceeding with a good speed to achieve agreed targets, an official statement said.

"China reiterated its commitment to the economic development of Sri Lanka, with its investment and association with the major economic, infrastructure and socio-cultural development projects in the country," the statement said.

Rajapaksa thanked China for its continued assistance to Sri Lanka in the country's efforts to defeat terrorism and for economic and social development both during the conflict and afterwards.

Zhang said his country reciprocated Sri Lanka's continued gesture of friendship, especially in the support for the 'One-China' Policy.

The meeting between the two leaders followed signing of six agreements between China and Sri Lanka yesterday, including for economic and technical cooperation, highways development and Information Technology and Communications.

The agreements also included those on the development of maritime ports and the second phase of the Hambantota Port Development project in Southern Coast.