The TBH desk
he Export-Import (EXIM) Bank of China tentatively agreed with Sri Lanka on the debt treatment, which can help Colombo to overcome. Chinese Foreign Ministry Spokesperson Mao Ning hopes so.
On Friday, during her regular press briefing in Beijing, a journalist asked her that if she confirm that the terms of the debt restructuring deal struck between China Exim bank and Sri Lanka last month have been sent to the IMF?
Addressing the question, Mao Ning said, to my knowledge, as an official creditor, the Export-Import Bank of China tentatively agreed with Sri Lanka on the debt treatment. China will continue to support Chinese financial institutions in actively consulting with Sri Lanka and maintaining friendly communication with other creditors and jointly play a positive role in helping Sri Lanka navigate the situation, ease its debt burden and achieve sustainable development.