Japan value India's positive role in Lankan economic recovery

Hailing New Delhi’s role in Sri Lankan debt restructuring, Japanese Ambassador to India Hiroshi Suzuki said that India’s issuance of financing assurances to Sri Lanka at the time of its economic crisis was instrumental in accelerating the process of Sri Lanka’s debt restructuring and that it appreciates India’s engagement and forward-looking approach on the issue.

While speaking at the IndiaSRI Lanka-Japan Trilateral Cooperation Event co-hosted by NatStrat, VIF, Pathfinder, and CII, the envoy also highlighted the role of India, Japan, and Sri Lanka in the Indo-Pacific region.

“When Prime Minister Kishida visited Delhi and gave an address on the new plan of the free and open Indo-Pacific, he highlighted South Asia as one of the major pillars and one of the priority regions in his new plan. And Japan attaches primary importance to its relations with Sri Lanka and India as indispensable partners in order to realise the vision,” said the Japanese Envoy.

Speaking further about the Sri Lankan debt restructuring, the envoy stressed how ‘Development Finance has been a major challenge for the Indo-Pacific region and how his country attaches importance to transparent and fair developmental assistance.