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Japan ready to lead SL’s debt restructuring efforts

28 Sep 2022

President Ranil Wickremesinghe held discussions with Japan’s Foreign Minister Yoshimasa Hayashi last morning (27) in Tokyo, during which the Foreign Minister had welcomed Sri Lanka’s progress with the International Monetary Fund (IMF) and expressed his country’s willingness to take a leading role in Sri Lanka’s creditor talks, the President’s Media Division (PMD) reported. President Wickremesinghe had expressed regret over the breakdown of relations between Japan and Sri Lanka following the cancellation of several investment projects by the former Government. The President had also stressed that he was keen to restart those projects, the statement said. The President had also indicated that the Government is interested in Japan investing in Sri Lanka’s renewable energy projects. Japanese Foreign Minister Hayashi had explained that Japan had increased its commitment to renewable energy, and would be willing to explore future investment opportunities in Sri Lanka. The Foreign Minister had also explained that Japan would begin skilled worker examinations in January 2023 for Sri Lankan migrant workers. The President had appreciated the support extended by Japan on the international stage, and expressed the Government’s willingness to support both Japan’s and India’s campaign to become permanent members of the United Nations Security Council.  The Foreign Minister had welcomed the news, stressing that Asia required greater representation on the world stage, the release added.  


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