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Sri Lanka – The Belt and Road Initiative, a qualitative economic shift for Sri Lanka

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Sri Lanka – The Belt and Road Initiative, a qualitative economic shift for Sri Lanka

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Director of the Belt and Road Initiative Sri Lanka, Maya Majueran K., stressed that the links and economic relations in particular between Sri Lanka and China have grown so dramatically over the past decade that China has become an important economic partner of Sri Lanka. On the joint Belt and Road Initiative between the two countries, Majueran points out that China has invested a large amount of money to develop infrastructure (mega-projects) and trade routes in the initiative.

In a related context, analysts expressed concern about the environmental impact of infrastructure development and the geopolitical and sovereignty issues that come from the partnership with China which may carry a significant amount of debt on the country.

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