China signs 16 new agreements with Lanka

Beijing: Sixteen agreements have been signed during the current visit of Chinese leader Wu Bangguo to Colombo, mostly focusing on infrastructure development in Sri Lanka including USD 760 million aid to help the island nation to become “Asia’s miracle”. The agreements signed yesterday ranged from visa exemption and marine development to economic and technology cooperation […]

Beijing: Sixteen agreements have been signed during the current visit of Chinese leader Wu Bangguo to Colombo, mostly focusing on infrastructure development in Sri Lanka including USD 760 million aid to help the island nation to become "Asia's miracle".

The agreements signed yesterday ranged from visa exemption and marine development to economic and technology cooperation with expanded investment and increase imports from Sri Lanka, official media here reported.