Sri Lanka and Japan have agreed to restart stalled development projects in Sri Lanka once the credit optimization process is completed, the President’s Media Division (PMD) reported.
According to the PMD, the agreement was reached when Minister of State in the Cabinet Office of Japan, Fujimaru Satoshi and former Minister of State for Regional Revitalization and Regulatory Reform, Yamamoto Kozo called on President Ranil Wickremesinghe at the Presidential Secretariat yesterday (July 31).
During the meeting, they discussed the stalled development projects in Sri Lanka, which were previously supported by the Japanese Government. The parties agreed to restart these projects once the credit optimization process in Sri Lanka is completed.
The PMD stated that additionally, they decided to involve officials from the Japanese Embassy in Sri Lanka in conducting an investigation related to these projects.
The Japanese delegation, including the Ambassador of Japan to Sri Lanka, Mizukoshi Hideaki, President’s Senior Advisor on National Security and Chief of Staff Sagala Ratnayaka, and President’s Senior Adviser on Economic Affairs Dr. R.H.S. Samaratunga, among others, attended this event. (NewsWire)