News Iran Debt: Crisis-hit Sri Lanka asks China to restructure its debt
Published on: Sunday 09 January 2022
News source: https://news.yahoo.com/crisis-hit-sri-lanka-asks-023312837.html
The president of crisis-hit Sri Lanka has asked China to help restructure its debt repayments as part of efforts to help the South Asian country navigate its worsening financial situation. Gotabaya ...
News Iran Debt: South Korean team in Vienna for talks on debt to Iran
Published on: Wednesday 05 January 2022
News source: https://www.globalsecurity.org/wmd/library/news/iran/2022/iran-220105-presstv02.htm
AM. South Korea says it has sent a delegation to Vienna to hold talks with Iran and other countries over how to resolve the issue of ...
News Iran Debt: China says Sri Lanka has benefited from Belt and Road Initiative after request to restructure country’s debt
Published on: Tuesday 11 January 2022
News source: https://www.scmp.com/news/china/diplomacy/article/3162854/china-says-sri-lanka-has-benefited-belt-and-road-initiative
Chinese lending has been criticised in the past for leaving countries stuck in a ‘debt trap’ and has already taken control of a port in Sri Lanka.