No "debt trap" at the port in Sri Lanka



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  A photo taken on July 29, 2017, shows the signing ceremony of the deep water port lease from Hambantota, Sri Lanka, to China Merchants Port Holdings. (Photo / Xinhua)

A photo taken on July 29, 2017 shows the signature ceremony of the deep water port lease from Hambantota, Sri Lanka to China Merchants Port Holdings. (Photo / Xinhua)

China said on Tuesday that it had worked with Sri Lanka on the port of Hambantota in an equal and mutually beneficial manner, rejecting US media reports according to which she would have taken control of the port by "a debt trap". 19659004] "China has encouraged Chinese enterprises to cooperate on the basis of equality and mutual benefit and according to commercial principles," said Foreign Ministry spokesman Lu Kang during the meeting. a daily press conference. Sri Lanka solved the shortage of funds for the project and then worked to readjust the asset allocation according to the wish of Sri Lanka, said Lu.

"All this is a business cooperation that promotes both sides ", he said. made the remarks after a June 25 New York Times story that China "blew" the port of Hambantota using a "debt trap".

The report also cites concerns that China could use the port militarily. An agreement with Sri Lanka prohibits such activity without Sri Lanka's invitation.

"Such reports that seriously distort the facts were made out of irresponsibility or under the orders of people with ulterior motives," said Lu. "We hope that the media concerned are not really fond of false news. "

Successive Sri Lankan governments and the Sri Lankan people want to build the port of Hambantota, the spokesman said. The lies of the so-called debt trap can not provide concrete help to developing countries, they can at least maintain a healthy state of mind vis-à-vis the sincere cooperation of other countries, "he said. he said.Lu added that in April, Foreign Ministry spokesman Hua Chunying said that it was not necessary to speculate on the port cooperation of &,,,,,,,, 39 39. a military or strategic point of view

The Hambantota port built in China is a deep-water facility in the district of Hambantota in the southern province of Sri Lanka.

Last July, China Merchants Port Holdings and The Sri Lanka Ports Authority has signed a 99-year deal, according to China Xin, a 70 percent stake in two joint ventures that will take over the port's commercial and administrative management operations, according to the Xinhua News Agency. 19659010] [ad_2]
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