CHINA TO SEND TOP MINISTER TO SL AMID TRADE ROILED BY TRUMP'S TARIFFS

In the wake of Sri Lanka trying hard to mitigate the impact from the chaotic announcement of reciprocal tarrifs announced by U.S. President Donald Trump, Chinese Commerce Minister Wang Wentao is expected to visit Sri Lanka in June in a bid to foster trade links, an informed source said.

- By KELUM BANDARA

The Chinese authorities in Sri Lanka indicated about such a visit during a recent meeting at the Trade Ministry.

Following tariffs announced by the U.S. President, the countries across the globe look for new markets instead of depending solely on one country or bloc. The U.S. and the European Union absorbs a bulk of Sri Lankan exports at the moment.