Colombo, Feb 6 (NIA) – Sri Lanka’s Prime Minister Ranil Wickremesinghe is expected to lead a delegation to China in May in order to attend a summit on the ‘One Belt One Road’ initiative, government sources said.
During the summit, the Prime Minister is also expected to finalize discussions on a Free Trade Agreement with China.
Sri Lanka and China will celebrate 65 years of diplomatic relations this year and Sri Lanka is expecting to sign the FTA as part of this strong bilateral relations.
Sources said that despite China showing some signs of worry at the recent anti China protests held in the island country over its role in Hambantota, China was eager to continue with large investments in Sri Lanka following a firm assurance from the government.
China has been one of Sri Lanka’s largest development partners with millions of dollars worth of investments in the island nation.
China is also constructing a 1.4 billion dollar mega port city project next to the Colombo Port which the Sri Lankan government says will fill the void between Singapore and Dubai.