Home » Japan to extend fullest cooperation to Sri Lanka for IORA

Japan to extend fullest cooperation to Sri Lanka for IORA

by Gayan Abeykoon
October 11, 2023 1:24 am 0 comment

Japan’s Foreign Affairs Vice-Minister Komura Masahiro said Japan will continue to support Sri Lanka’s economic recovery process. He congratulated the government for stabilising economy during a short span of time and making further progress. He expressed confidence that structural reforms undertaken by the government would improve the  conducive atmosphere for foreign investments. During his discussion with Prime Minister Dinesh Gunawardena at Temple Trees yesterday (10), the Foreign Minister said his visit to Sri Lanka to attend the Indian Ocean Rim Association (IORA) has given his an opportunity to interact with Sri Lankan leadership regarding bilateral cooperation. He assured fullest support to Sri Lanka at IORA, during its two-year tenure as Chairman.

The Prime Minister, referring to the fact that Sri Lanka is situated at strategic juncture along the sealanes of the Indian Ocean and an important partner in realizing a free and open Indo-Pacific policy, emphasized the importance of close cooperation between the two countries with common principles.

Expressing deep concern over escalation of conflict in Gaza Stripe, he said the Covid had resulted in global economic downturn and the world, especially the developing countries could not face another such disaster over a military conflict. He urged the two sides involved in the conflict to cease violence immediately.

The Prime Minister thanked the Japanese Minister for the support extended to Sri Lanka for the debt restructuring process and assured that Sri Lanka is committed to a transparent and comparable debt restructuring process.

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