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Sri Lanka, China sign $350 mln oil, highway deals

[Reuters, Friday, 14 August 2009 07:08 No Comment]

Sri Lanka signed two deals worth more than $350 million with China’s Exim Bank to build an oil bunkering facility and a highway, the Sri Lankan Foreign Ministry said in a statement on Friday.

"The signing of the two agreements will pave the way for much needed infrastructure requirements which will have an immense impact on the country’s future socio-economic development," the ministry said.

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