Sri Lanka Government to pay USD 6.7 million to Chinese fertilizer company
Posted by Editor on December 14, 2021 - 7:30 am
The Sri Lankan government today said it has decided to pay USD 6.7 million to the Chinese fertilizer company that had shipped the disputed fertilizer consignment, on the advice of the Attorney General’s Department.
According to Agriculture Minister Mahindananda Aluthgamage, the payment includes the cash deposit of USD 5 million placed by the company.
He further stated that the China-based Qingdao Seawin Biotech Group was asked to remanufacture the fertilizer to comply with the required standards.
Latest Headlines in Sri Lanka
- Sri Lanka and United States discuss Economic Support and Reforms April 19, 2024
- Israeli missile strikes Iran amid escalating Middle East tensions April 19, 2024
- President says he will build a Sri Lanka that the youth aspire to April 19, 2024
- NPP presents 7-point pledge on Easter Sunday Attack to Cardinal Ranjith April 18, 2024
- Dialog Axiata to acquire Bharti Airtel’s telecom operations in Sri Lanka April 18, 2024
Anagattha neyda anthimatama? Non-align policy is about to give dividends. It is either this way that, not ‘in the middle’ fantasy. What now? Going to give Parakrama Samudraya to an Indian fisheries company or going to give the whole of country to yankees to make another Guantánamo Bay in the Indian nation? Whatever it is, China will be the next world power within a decade. Best to be on the right side,