While China will help Sri Lanka develop and ensure its sovereignty, Lanka will support China's Belt and Road Initiative.
The Lankan President said that the wage hike will come into effect on March 1, 2020
President Gotabaya Rajapaksa had said that he is striving to keep Sri Lanka free and economically independent
Minister Yamamoto promised to promote Sri Lanka among the Japanese business community
He also asked Indian business leaders to mull over areas in which they can cooperate with Sri Lanka.
The new Gotabaya government has reduced taxes and small and medium industries are aided with many concession.
A member of the Sri Lankan delegation told newsin.asia that to begin with Lankan technicians will be trained in maintaining Indian vehicles.
Global politics will witness anarchy where regional powers will be aiming at degrading strategic autonomy and sovereignty of nations.
Financial aid is a major instrument of India's foreign policy
Communist criticism was blunted when China said it has no objection to beneficial development schemes, including the MCC compact.