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China praises India for supporting Sri Lanka in the midst of an economic crisis

Beijing, June 9: China praised India on Wednesday for helping Sri Lanka in the island nation’s unprecedented economic crisis, which led to a shortage of fuel and other necessities. A spokesman for China’s Foreign Ministry, Zhao Lijian, said in a press conference that China would “recommend” India on efforts to mitigate the crisis in Sri Lanka.

“We noted that the Government of India has done a lot in this regard. We commend those efforts. China hopes that Sri Lanka and other developing countries will succeed. We are ready to work with India and other international communities to help. We struggled as soon as possible. ” The National Hospital of Sri Lanka would like to thank India for providing medicines during the economic crisis.

“The Chinese government will do its utmost to make the most of the channels available to provide support to Sri Lankan society,” he answered a question to Sri Lankan President Gotabaya Rajapaksa’s remarks.

In particular, Rajapaksa said in an interview on June 6 that Sri Lanka had no US $ 1.5 billion credit line available from China and had not yet responded to China’s request for a US $ 1 billion loan. He also said China seems to have shifted its strategic focus to Southeast Asia and Africa, with less interest in South Asia.

In response to these statements, a Chinese spokesman said Beijing pays close attention to and feels the difficulties and challenges facing Sri Lanka.

“We have been supporting Sri Lanka’s socio-economic development as long as our capabilities allow. China has announced that it will provide Sri Lanka with emergency humanitarian assistance worth 500 million yuan,” he added.

Sri Lanka is witnessing an unprecedented economic and political crisis. Massive protests have continued for months, leading to the expulsion of former Prime Minister Mahinda Rajapaksa. Island nations are also facing a serious foreign currency shortage, causing problems in importing essentials.

Last week, India handed a total of 3.3 tonnes of essential medicines to Sri Lanka. These humanitarian supplies continue to support the Government of India for people in endangered island nations, in the form of financial support, foreign exchange support and material supply.

In line with Prime Minister Narendra Modi’s “neighborhood priority” policy, over 25 tons of medicines and medicines donated by the government and Indians over the past two months are worth nearly 370 million SLRs.

According to the Indian High Commission, this will add to about US $ 3.5 billion in financial support and the supply of other humanitarian supplies such as rice, milk powder and kerosene.

(This is an edited and auto-generated story from the Syndicated News Feed. LatestLY staff may not have changed or edited the content body)

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https://www.latestly.com/agency-news/world-news-china-lauds-india-for-helping-sri-lanka-amid-economic-crisis-3804207.html China praises India for supporting Sri Lanka in the midst of an economic crisis

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