China extends further support

The Government of the People’s Republic of China, with a view to further enhancing friendly relations and bilateral economic and technical cooperation between the two countries provided a grant of Yuan 50 million (apprx. US$ 9 million) to Sri Lanka.

In addition, Yuan 10 million (apprx. US$ 2 million) for the provision of roofing sheets and engineering equipment to support relief efforts in flood areas and Yuan 5 million (apprx. US$ 1 million) for the extension of technical and support service for Sirimavo Bandaranaike Memorial and the Bandaranaike Centre for International Studies. The relevant Economic and Technical Cooperation Agreement and two Exchange of Letters were signed during the three day visit of Fu Ziying, Vice Minister of Commerce, Government of the People’s Republic of China in Sri Lanka last week at the Ministry of Finance and Planning.  Dr. P. B. Jayasundera, Secretary, Ministry of Finance and Planning and Fu Ziying, Vice Minister of Commerce, Government of the People’s Republic of China signed the Agreements on behalf of the two Governments.