China will continue to help Sri Lanka achieve financial relief

BEIJING (Reuters) – China will continue to play a “positive role” in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability, China’s Xinhua news agency reported on Thursday.

The two countries will strive to conclude a comprehensive China-Sri Lanka free trade agreement as soon as possible, they said in a joint statement a meeting of their presidents on Wednesday.

Their two central banks have renewed a currency swap agreement and will continue to cooperate in the financial field, Xinhua said.

(Reporting by Liz Lee and Beijing newsroom; editing by Jason Neely)

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