China to help rebuild Lankan economy after LTTE war
TV Sriram/PTI / Colombo Jun 04, 2009, 15:39 IST
As Sri Lanka works out ways to accelerate development after defeating the rebel LTTE, China has pledged its full cooperation in reconstruction of the Island nation's economy after 30 years of ethnic war.
"Prevalence of peace will strengthen the economy of Sri Lanka and China will continue to be a part of the economic reconstruction of the Island country," Deputy Director General of the Asian Affairs, Commerce Ministry, China Liang Wentao said.
"Ending the war against terrorism might help Sri Lanka to regain its ancient glory and economic prosperity," Wentao told reporters in Beijing yesterday.
"What Sri Lanka needs at this moment is a peaceful environment to rebuild its economy and this will attract more investments and economic benefits to the country.
"Sri Lanka has the best natural resources in the entire South Asian region. Reviving tourism and the export trade will help Sri Lanka rebuild its economy which was affected severely due to the war," Wentao said.
He said China will provide assistance to the Sri Lankan Government to rebuild and rehabilitate those affected. The top Chinese official said the two countries could work towards economic as well as cooperation in tourism.
"The strategic location and Buddhism will attract more Chinese tourists to Sri Lanka," he said.
Rubber, tobacco and fish products are the major exports to China from Sri Lanka.
"Diversifying of the economy will open new avenues for Sri Lankan products to enter the Chinese market," the state run Daily News quoted Wentao as saying.
Sri Lanka has invited Chinese investments to the country by taking advantage of the conducive conditions for setting up projects. China had invested in the Southern Hambantota new Port Complex, the Norochcholai (North-west Sri Lanka ) coal-fired power generation plant and the Performing Arts Centre in Colombo, among other areas, in Sri Lanka.
Tourist arrivals from China to Sri Lanka is estimated to have grown by 7.3 per cent during the first half of 2008.
On the export front, Sri Lankan tea is performing exceptionally well in the Chinese market and has achieved a remarkable growth of more than 65 per cent during first few months of 2008 over export figures for 2007, an official said.
The tiile of the article should read "China helps itself to the domination of South asian seas with the help of Srilanka."
Idina appears to be booted out by its arch enemies China and Pakistan with some help from Rajapaksa's Srilanka. Thiefes gang together like birds of the same feather. China,Pakistan and Srilanka are a good pack with no freedom to its citizens, no freedom of Press.
Being a Tamil,one thing all the Tamil now, happy to help the Chinese to rebuild Srilanka make a prosperous country in South East Asia.Hope the the chinese do not even allow the Indian set foot in Srilanka.The Indian never wanted the Tamil and Singhalase to live peacefull,only to destabilse the country.The chinese also must ensure the Tamil have equal rights as well as the Singhalese.
I hope we Tamils can adopt Chinese names and their language. That way we will be safe in the future. Our biggest curse has been the fact that we speak Tamil and that we share a ridiculous religion with an evil neighbour called India.
Content Guide
