Hirunews Logo
HiruNews
HiruNews
HiruNews
China+wants+its+Lankan+projects+to+be+international+joint+ventures
Tuesday, 07 June 2016 - 11:17
China wants its Lankan projects to be international joint ventures
22

Shares
2,708

Views

Chinese Ambassador to Sri Lanka Yi Xianliang says China wants its projects in Sri Lanka to be Joint Ventures either with local Lankan companies and state organizations or with foreign companies, including Indian.

He told the Regional Center for Strategic Studies that the common Lankan and Indian perception was  that Chinese projects are primarily meant to bolster China’s strategic interests in the region.

The belief is that they will be dispelled if they are Joint Ventures with local entities or foreign companies and run as commercial enterprises.

The envoy said that mutual antagonism in South Asia will be mitigated if China, India and Pakistan form an economic alliance and co-opt Sri Lanka and other South Asian nations.

He says Sri Lanka and India should sign the Economic and Technical Cooperation Agreement and added that he had discussed with the Indian envoy, a China-India-Pakistan-Lanka business link up. He reported that he found him to be responsive.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
HiruNews
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
2,714 Views
HiruNews
HiruNews
HiruNews
6,651 Views
HiruNews
HiruNews
HiruNews
8,049 Views
HiruNews
HiruNews
HiruNews
20,740 Views
HiruNews
HiruNews
HiruNews
649 Views
HiruNews
HiruNews
HiruNews
52,094 Views
Top