China lifts ban on leading Sri Lankan bank after receiving payment for fertiliser
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China has lifted the ban on the People's Bank in Sri Lanka following its payment of almost US$6.9 million over a dispute involving imported organic fertiliser.
The Economic and Commerical Office of the Chinese embassy in Colombo lifted the ban implemented last October following the payment of the requested sum by the Chinese company Seawin Biotech Group.
The payment comes as a diplomatic spat between the two countries grew, after the Sri Lankan government refused to pay for a shipment of 20,000 tonnes of fertiliser.





