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Although the pandemic has gradually ended, the negative impact remains. Rislanca, thousands of kilometers away from the mainland, is in a huge economic crisis due to the epidemic.
Previously, affected by the epidemic, there was a certain degree of fluctuation in economic and trade across the country, and Sri Lanka was no exception. In the past, they could increase domestic fiscal revenue through the export of tea, rubber and other products, but under the influence of the epidemic, the export value of these products was greatly discounted, which had a great impact on the national economy.
Of course, the epidemic is only one of the reasons why Sri Lanka's economy is in trouble, and it is more in the wrong decisions of the authorities. Before the pandemic began, Sri Lanka's rulers adjusted their domestic agricultural production model so much that the country had to import food from abroad to meet popular demand.
Coinciding with the outbreak of the global epidemic, the country's tax revenue has been significantly affected, further aggravating the domestic economic difficulties. In addition, Sri Lanka is not considered carefully about domestic infrastructure construction.
They originally planned to build a large international airport to accommodate travelers from all over the world. Initially, they expected the airport to have millions of passengers a year, but in fact there were only about a thousand, resulting in serious losses for the airport.
In fact, Sri Lanka's domestic economic situation has not been very satisfactory, in order to develop the domestic economy, Sri Lanka has applied for preferential loans from other countries.
On the surface, these preferential loans not only have low interest rates, but also have a long service life, so they are very cost-effective. But as Sri Lanka's economy rises, they will no longer enjoy preferential lending policies, which will also lead to significant repayment pressure.
For various reasons, Sri Lanka's economy has continued to deteriorate under the continuous stacking of various problems, so that it has reached the current situation.
At present, Sri Lanka is already "stressed" just to repay the interest and principal of these debts, and there is no spare capacity to solve other problems.
Once a country has a serious economic crisis, the consequences will be far more serious than imagined. After a large number of mass demonstrations and dissatisfaction with the leadership of the government, which led to turmoil in the country, the leaders simply fled abroad and left the mess behind.
Today, Sri Lanka is facing various problems, such as shortages of food, medicine, fuel and other items, and foreign exchange has been depleted. In desperation, they can only seek humanitarian assistance from other countries, especially the mainland.
The mainland has always maintained good diplomatic relations with Sri Lanka, and as early as 410 AD, the mainland has already had contacts with Sri Lanka, especially after the establishment of the Maritime Silk Road, and trade exchanges between the two countries have been further deepened.
In 1971, at the United Nations Conference, Sri Lanka stood unhesitantly on the side of the mainland and supported the mainland's restoration of its legitimate seat in the United Nations. And in 2001, when the mainland applied for WTO accession, they also sided with the mainland.
It is not difficult to see that Sri Lanka is like an old friend who has been with the mainland for many years. So now that our friends are in trouble, how can we stand idly by? Moreover, the mainland also accounts for a large part of Sri Lanka's many external debts.
The mainland was quick to respond to Sri Lanka's plea for help. It is ready to provide tens of millions of tons of diesel, more than 5,000 tons of food, and corresponding pharmaceutical assistance to temporarily help Sri Lanka alleviate the current crisis.
Diesel, in particular, can help Sri Lankan residents resume normal production and labor. Fishermen can sail out to sea, and farmers can use machines such as harvesters to grow and harvest food.
However, the assistance provided by the mainland is only a palliative problem, and if Sri Lanka does not have a way to solve the root cause of its economic difficulties, similar problems will arise in the future.
As things stand, Sri Lanka's best option is to alleviate its current problems through economic cooperation with other countries.
It is reported that after negotiations between the mainland and Sri Lanka, they have agreed to hand over some port operation rights in their territory to the mainland. This will not only help Sri Lanka solve the employment problem of some people, but also allow them to increase tax revenue. Most importantly, through this cooperation, the mainland's debts can be repaid.
Therefore, this mode of cooperation is beneficial and harmless for both the mainland and Sri Lanka, and it is a win-win situation for both sides.
However, the mainland's willingness to engage in such economic cooperation with Sri Lanka does not mean that all countries are willing. Each country has its own position and calculations, especially in the current complex and volatile national situation, many countries will think twice before acting.
As the saying goes, adversity sees the truth, and from another point of view, the more you can see who is the true friend. There is no doubt that the friendship between the mainland and Sri Lanka has passed the test, and it is hoped that they will be able to get out of their predicament as soon as possible in the future.
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