Joining ‘At Hydepark with Indeewari Amuwatte’, Japanese Ambassador to Sri Lanka Mizukoshi Hideaki says his country expects an early conclusion of the Memorandum of Understanding on debt treatment between Sri Lanka and the Official Creditor Committee - co-chaired by Japan, France, and India, adding that debt restructuring is a crucial step for Sri Lanka to restore the island nation’s debt sustainability.

Highlighting that the Japanese government had to suspend all yen loan projects following Sri Lanka’s debt standstill announcement in 2022, the Japanese Envoy in Colombo said funding for all suspended projects will resume, especially for construction of Terminal-2 of the Bandaranaike International Airport, which was also inspected by Japanese Minister of Finance Shunichi Suzuki during his recent visit to Sri Lanka.

Further, Japanese Ambassador Mizukoshi Hideaki said his country wants Sri Lanka to be a strong independent nation and added that Japan hopes to obtain more support from island nations for the Japanese economy to address issues such as an ageing population.

This programme was live recorded on January 22, 2024 and aired on Ada Derana 24 on January 25, 2024.

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