Home » Japan’s Finance Minister plans diplomatic mission to SL, prioritising debt restructuring and bilateral ties

Japan’s Finance Minister plans diplomatic mission to SL, prioritising debt restructuring and bilateral ties

written by MIAP Source

Colombo (LNW): Japanese Finance Minister Shunichi Suzuki announced on Tuesday (26) his upcoming four-day visit to Sri Lanka and Cambodia, scheduled from January 9, aimed at bolstering Japan’s relations with these two Asian nations.

During his visit to Sri Lanka, Suzuki is set to hold discussions with Sri Lankan President Ranil Wickremesinghe, focusing on the vital topic of debt restructuring for the country.

In November, Sri Lanka, in collaboration with a creditor group led by Japan and others, reached a preliminary agreement on deferring debt repayments and reducing interest rates.

Suzuki emphasised the significance of maintaining steady progress in the debt-restructuring process during a press conference.

Additionally, in Cambodia, the finance minister will actively contribute to enhancing bilateral ties, particularly as both nations commemorate the 70th anniversary of the establishment of their diplomatic relations this year.

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written by MIAP Source

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