The Chinese Finance Minister had conveyed this commitment during bilateral discussions held yesterday in Beijing with President Ranil Wickremesinghe, who is currently on a four-day official visit to China.

Sri Lanka’s Finance Ministry last week said it entered into a “landmark agreement” with Export-Import Bank of China (Exim Bank China) that will help Sri Lanka to arrive at a deal with all its foreign creditors and clear the path for the approval of the first review of the International Monetary (IMF) Fund programme.

The statement said Sri Lanka has “reached an agreement on the key principles and indicative terms of debt treatment with the Export-Import Bank of China (China Exim Bank).”