China, Sri Lanka sign economic agreements

Visiting Chinese delegation and Sri Lankan government Wednesday signed three agreements to support Sri Lanka's economic development.

State Councillor Tang Jiaxuan called on Sri Lankan President Mahinda Rajapaksa Wednesday and hold talks on a range of issues concerning bilateral relations, economic cooperation, tourism and aviation sector.

After discussion, both of them took part in the signing ceremony of three agreements between the two sides.

Two agreements were signed for two grants for the technical and economic cooperation to develop the country's economy and sports equipment to help Sri Lanka to hold the 10th South Asian Games.

The contract for Norochcholai Coal Power Project between the Chinese National Machinery and Equipment Import and Export Corporation and the Sri Lankan Electricity Board was also signed and work on this project will commence shortly.

He also has a meeting with Karu Jayasuriya, vice chairman of Sri Lanka's major opposition United National Party on Wednesday afternoon.

Tang arrived in Colombo, capital of Sri Lanka, Tuesday evening to pay an official visit to the island country.

Tang is scheduled to conclude his visit on Thursday and leave for Nepal to continue his South Asian trip.

Source: Xinhua

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