The government says China has not taken any decision to hand over three development projects that have been temporarily suspended, to India.
Speaking during the weekly Cabinet media briefing at the Department of Government Information today, Co-Cabinet Spokesman Minister Ramesh Pathirana said the Chinese vessel carrying the controversial stock of organic fertiliser has not led to a diplomatic crisis.
Minister Pathirana said the Chinese Ambassador to Sri Lanka issued a transparent statement on the matter confirming there are no diplomatic issues between the two nations.
The Minister said this is a trade dispute which is being handled through court proceedings adding a decision will be reached between the concerned parties.
Meanwhile, when questioned by media on the government’s stance on renewable energy, Minister Pathirana said the present administration is paying special attention towards renewable energy considering the prevalent energy crisis in the world including crude oil prices, large costs due to fuel consumption and the fuel supply to generate power.
The Minister said electricity units are expensive in Sri Lanka adding this poses major issues on all industries.
He claimed the objective of the President and the government is to source 75% of the energy requirement through renewable energy within the next decade.
He said even though there were many projects and investment opportunities focused on renewable energy, they weren’t implemented due to the country’s current situation.