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No ‘political strings attached’ to China’s support for Sri Lanka: Xi tells Ranil  

No ‘political strings attached’ to China’s support for Sri Lanka: Xi tells Ranil  

The Hindu
Friday, October 20, 2023 03:25:00 PM UTC

No ‘political strings attached’ to China’s support for Sri Lanka: Xi tells Ranil  

China will continue to assist Sri Lanka without any “political strings attached” and help the country cope with difficulties, President Xi Jinping told his Sri Lankan counterpart Ranil Wickremesinghe on Friday, according to an official statement, even as Colombo attempts to finalise a debt treatment plan with its creditors, including the Asian giant. 

Mr. Wickremesinghe is in Beijing for the third Belt and Road Forum for International Cooperation. Noting that Sri Lanka was among the first group of countries to join China’s ambitious connectivity project, President Xi said China would work with Sri Lanka to “jointly promote high-quality Belt and Road cooperation” and push for new progress in “developing China-Sri Lanka strategic cooperative partnership featuring sincere mutual assistance and lasting friendship.” 

The two sides pledged greater collaboration on international and regional affairs, oppose politicisation of the human rights issue and bloc confrontation, and safeguard the common interests of the two countries and developing countries, the official Chinese statement said. China has also expressed willingness to increase its imports from Sri Lanka and promote more Chinese investment in the island nation, statements issued by both sides said. 

Notably, a press statement from Mr. Wickremesinghe’s office mentioned Mr. Xi’s assurance of “friendly, practical and timely support for Sri Lanka’s debt optimisation programme,” but the statement from the Chinese side made no mention of debt owed by Sri Lanka, or an agreement on its treatment, as the island nation struggles to get out of its crushing economic meltdown.

All the same, a 19-point joint statement issued by the two governments later on Friday said China will continue to support its financial institutions in conducting “friendly consultation with Sri Lanka to reach early agreement” on debt treatment. “The Chinese side is willing to work with relevant countries and international financial institutions to keep playing a positive role in helping Sri Lanka address its current difficulties, alleviate debt burden, and realise sustainable development. Sri Lanka commended China for its support to Sri Lanka to ease financial difficulties,” it said.

Watch | Does China Debt-Trap Countries?

Further, Sri Lanka “firmly supports and actively participates” in the Global Development Initiative (GDI), the Global Security Initiative (GSI), and the Global Civilization Initiative (GCI) proposed by China, according to the joint statement. Sri Lanka’s decision comes a month after Nepal declined to join Mr. Xi’s Global Security Initiative, when Prime Minister Pushpa Kamal Dahal Prachanda visited Beijing last month.

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