The Ministry of Foreign Affairs has confirmed that President Anura Kumara Dissanayake will undertake a four-day official visit to China, beginning January 14, at the invitation of Chinese President Xi Jinping. The visit, set to last until January 17, is expected to strengthen economic and diplomatic ties between the two nations, with seven critical Memorandums of Understanding (MoUs) slated for signing.
Foreign Affairs Minister Vijitha Herath stated that the MoUs will focus on investment, the power sector, fisheries, and broader economic cooperation. In addition to these agreements, the President will engage in a series of high-level meetings, including discussions with Premier Li Qiang, Chairman of the Standing Committee of the National People’s Congress.
One of the key topics on the agenda is debt restructuring in line with Sri Lanka’s commitments to the International Monetary Fund (IMF). With Sri Lanka grappling with an ongoing economic crisis, Minister Herath emphasized that China’s support will be instrumental in facilitating debt relief and securing further financial assistance.
The proposed MoUs will also cover vital areas such as agriculture, tourism, education, and technology. Minister Herath noted that Sri Lanka hopes to leverage Chinese expertise to modernize the Sri Lanka Rupavahini Corporation and the Independent Television Network (ITN), part of a broader effort to digitize state-owned media.
Furthermore, the visit will include discussions on resuming key infrastructure projects that were previously halted. These projects, which include critical road developments, are seen as essential for improving the country’s transportation network and boosting economic activity.
President Dissanayake is also expected to address broader issues of bilateral importance, including trade, investment in renewable energy, and fisheries cooperation, which has been a contentious issue in the region. Enhancing collaboration in technology and vocational education will also be prioritized, with a focus on building Sri Lanka’s capacity in high-demand sectors.
During the visit, President Dissanayake will meet with Chinese business leaders and investors to explore opportunities for increased foreign direct investment (FDI) in Sri Lanka. Discussions are expected to touch on the Belt and Road Initiative (BRI), with Sri Lanka seeking to maximize its strategic location within the framework of China’s global infrastructure development strategy.
Minister Herath expressed optimism about the visit, stating that it represents a significant opportunity to strengthen ties with one of Sri Lanka’s most important economic partners. The President’s delegation will include key officials from the Ministry of Finance, Ministry of Power and Energy, and Ministry of Trade, reflecting the comprehensive scope of the discussions.
As the visit unfolds, the government anticipates securing commitments that will bolster Sri Lanka’s efforts to stabilize its economy, improve infrastructure, and foster long-term development. The outcomes of these engagements are expected to play a pivotal role in shaping the future of Sri Lanka-China relations.
