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Colombo is keen to generate cheap electricity to draw large investments and boost its post-war economy.
Rajan had hit out at the unconventional monetary policy of developed countries which he said was creating spillover effects in emerging markets.
Chinese Premier Li Keqiang outlined China’s Africa policy in an address at the African Union headquarters on Monday.
China says there is "deepened mutual political trust" with Tehran.
BRICS countries champion the principle of "common but differentiated responsibilities and respective capabilities" in the fight against climate change.??
Firms from both the countries will participate in construction of a $1.3 billion transport corridor to Crimea via the Black Sea’s Kerch Strait.
China has signed 16 agreements with Ethiopia during the state visit of Chinese Premier Li Keqiang.
A report released by India’s Finance Ministry has said the country has remained the third most preferred nation for FDI since 2010.
Li’s trip from May 4 to 11, is expected to boost ties with Africa where Chinese direct investments reached $25 billion last year.
Beijing has also indicated its support to Moscow on the issue saying a “historical” perspective is necessary.