Loan suspension talks will yield good results: Chinese Ambassador

Chinese Ambassador to Maldives Zhang Lizhong, on Sunday, stated that ongoing negotiations with China, regarding the deferment of commercial loans to Maldives, was expected to yield good results.

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Chinese Ambassador to Maldives Zhang Lizhong claimed that ongoing discussions for commercial loan deferment will yield success. PHOTO: NISHAN ALI / MIHAARU

Ahmed Aiham

2020-09-21 09:21:15

Chinese Ambassador to Maldives Zhang Lizhong, on Sunday, stated that ongoing negotiations with China, regarding the deferment of commercial loans to Maldives, was expected to yield good results.

Putting an emphasis on the unforeseen setbacks brought forward by the ongoing COVID-19 pandemic, Ambassador Zhang acknowledged the need for a readjusted loan repayment strategy.

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