Ceylon Fertilizer Company obtains enjoining order against Chinese company: PMD
The Ceylon Fertilizer Company Limited obtained an enjoining order from the Commercial High Court yesterday (22) against the Chinese company; Qingdao Seawin Biotech, its local agent and the People’s Bank, the Presidential Media Division (PMD) said.
Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.
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