Tonga says discussed debt with China ForMin, Australia’s Wong to visit & More News Here

Australian Finance Minister Penny Wong speaks throughout an interview after a gathering between Finance Ministers of the Asia-Pacific Economic Cooperation (APEC) in Moscow August 30, 2012. REUTERS/Maxim Shemetov

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SYDNEY, June 1 (Reuters) – Australia’s international minister Penny Wong will journey to the distant Pacific island of Tonga on Friday, days after her Chinese counterpart visited and discussed Tonga’s heavy money owed to Beijing, Tonga’s authorities stated.

Tonga’s Prime Minister Siaosi Sovaleni briefed native reporters on the visit by Chinese Foreign Minister Wang Yi to the capital Nuku’alofa on Wednesday, saying six agreements had been signed.

He confirmed discussions had been held with Wang about Tonga’s loans from China, an announcement issued by the prime minister’s workplace stated.

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Tonga, which was hit by a volcanic eruption and tsunami in January, owes two-thirds of its exterior debt of $195 million to China’s Export-Import Bank, its finances exhibits. learn extra

Australia and New Zealand are its largest donor nations, the finances additionally exhibits.

The prime minister additionally confirmed that Australia’s new Foreign Minister Penny Wong can be in Nuku’alofa on Friday on her first official visit to the Kingdom.

Wong’s workplace didn’t instantly reply to a request for remark.

China’s Wang on Tuesday signed agreements in Tonga for police laboratory tools, catastrophe response and fisheries cooperation.

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He arrived in Vanuatu on Wednesday morning, on a tour by way of the Pacific islands area the place Beijing’s ambitions for wider regional safety ties has brought about concern amongst U.S. allies.

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Reporting by Kirsty Needham; Editing by Tom Hogue and Lincoln Feast

Our Standards: The Thomson Reuters Trust Principles.

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