Courtesy The Daily Mirror

President Ranil Wickremesinghe and Foreign Minister of Japan Hayashi Yoshimasa discussed several Japanese-funded projects such as the Light Rail Transit (LRT), the East Terminal, the Kandy Development Plan, Central Highway, and the expansion of the Bandaranaike International Airport.

Both parties expressed the importance of expediting the implementation of these projects, the President’s Media Division (PMD) said.

They delved into bilateral, regional, and global issues, emphasizing their shared commitment to maintaining the region as a peaceful and stable area. 

President Wickremesinghe also highlighted the investment opportunities in Sri Lanka’s high-tech industries, envisioning a transformation from a labour market-oriented economy to one that caters to cutting-edge technological advancements. This strategic move is expected to present significant prospects for Japanese investors.

President Wickremesinghe expressed his gratitude to the Japanese Government for their support in the debt restructuring process and shared details of French President Emmanuel Macron’s offer, aiming to play a pivotal role in enhancing the common platform for debt restructuring and expediting the process.

Visiting Minister Hayashi Yoshimasa, arrived in Sri Lanka on July 28 on a two-day official visit. During his stay, he will engage in discussions on bilateral relations with President Wickremesinghe, Prime Minister Dinesh Gunawardena, and his Sri Lankan counterpart, Minister Ali Sabry.