Japanese Foreign Minister appreciates Wickremesinghe’s efforts to overcome economic crisis

Monday, 6 May 2024 04:05 - - {{hitsCtrl.values.hits}}

Japan Foreign Minister Yōko Kamikawa has yesterday expressed appreciation of President Ranil Wickremesinghe’s efforts to overcome the economic crisis, as well as pursuing an ambitious economic reforms agenda.

This was conveyed when the visiting Kamikawa called on Wickremesinghe, the President’s Media Division said.

It said during the discussions with President Wickremesinghe, Minister Yōko Kamikawa, stated her Government’s intention to resume the Yen denominated loans and the stalled Japanese investment initiatives including the Bandaranaike International Airport (BIA) expansion project and the Light Rail Transit (LRT) project. The deliberation also encompassed discussions on the signing of the Memorandum of Understanding (MoU) pertaining to debt restructuring in Sri Lanka.

Minister Kamikawa, who is an ardent supporter of women’s rights and gender equality, appreciated the President’s efforts to bring about necessary legislation in the country regarding this vital matter.

The President expressed his thanks to the Government and people of Japan for their support for Sri Lanka during the country’s hour of need.

He stressed that the cooperation between Sri Lanka and Japan must be strengthened, which will only serves to benefit both countries.