Mumbai: China and Sri Lanka have signed eight
agreements for cooperation in the economic, agricultural
and cultural fields. The agreements followed talks between
Chinese president Hu Jintao and visiting Sri Lankan
counterpart Mahinda Rajapakse at the Great Hall of the
People in Beijing.
has confirmed participation in building the $500-million
Puttalam coal-fired power plant in Sri Lanka, which
could address the severe power shortage in the country.
also is understood to have plans to take a major role
in a billion dollar integrated harbour project in Hambantota
in southern Sri Lanka. The project would have an oil
refinery, container port, airport and other facilities.
has offered a block each to China and India without
the tendering process and China is keen to participate
in oil exploration for which Sri Lanka plans to invite
global bids soon.
and Sri Lanka have witnessed frequent high-level exchanges
and increasing trade cooperation in recent years amidst
a fall in India-Sri Lanka bilateral trade.
China and Sri Lanka is also increasingly sharing mutual
understanding and support in international and regional
prove that China and Sri Lanka are close and friendly
neighbours, reliable friends and cooperative partners,"
said it will strengthen coordination with Sri Lanka
in multilateral organisations like the United Nations
and the Association of Southeast Asian Nations (ASEAN)
while Rajapakse vowed to enhance bilateral cooperation
in areas as trade, culture, infrastructure, energy development,
tourism, anti-terrorism and international affairs.
trade volume between China and Sri Lanka reached $1.44
billion in 2006, increasing by 16.9 per cent over the
previous year, including $1.11 billion of exports and
$34.83 million imports.
Beijing, Rajapakse will also visit China''s business
Guangzhou, capital of southern Guangdong Province, and
central Hubei Province.