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Politics

Sri Lankan finance minister talks up friendship with China

Sri Lankan Finance Minister Ravi Karunanayake said that his country's sense of friendship with China that existed previously has been "reendorsed." (Photo by Kenji Kawase)

HONG KONG -- The Sri Lankan government, once keen to distance itself from a pro-China stance, is now steadily moving back to its former position. This was the message conveyed to the investment community by the country's finance minister, Ravi Karunanayake, during a stop in Hong Kong on Friday.

     Speaking at an annual investor conference sponsored by Credit Suisse, Karunanayake said a free trade agreement with China was expected to be concluded "before the end of the year," as a result of the official visit to Beijing by Prime Minister Ranil Wickremesinghe which began on Wednesday.

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