WITH DEBT REPAYMENT JAPAN TO RESUME PROJECTS

Japan to Resume Projects with Debt Repayment : Minister Sabry

 

Japan has expressed its willingness to resume stalled development projects in Sri Lanka once the country initiates its debt repayment process, according to Foreign Minister Ali Sabry.

During a media briefing at the Presidential Media Centre, Minister Sabry announced his plans to visit Japan next month for further discussions.

“Japan has indicated that they will resume suspended projects once the repayment commences. I plan to visit Japan in early July at the invitation of the Foreign Minister of Japan, hoping to finalize the resumption of these projects before my visit,” Minister Sabry said.

Sri Lanka has received assurances from its long-time lender that all development projects initiated with Japanese assistance will resume once an agreement with bilateral creditors is reached, Minister Sabry added

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