Japan has announced that it will coordinate with Sri Lanka’s creditors in a bid to address the debt crisis.
Japanese Finance Minister Shunichi Suzuki said that it is important for all creditor nations of Sri Lanka to gather to discuss Colombo’s debt issue, adding that Tokyo would coordinate with other creditors on the matter.
President Ranil Wickremesinghe last month said the government will request Japan to invite the main creditor nations to talks on restructuring bilateral debts.
Earlier, Japanese Foreign Minister Yoshimasa Hayashi said his country was not in talks with Sri Lanka to hold such a meeting.
Hayashi told a news conference, “We are having various interactions with the Sri Lanka side, but no preparation is going on with Sri Lanka for holding such talks.”