Pathfinder Foundation Proposes a Medium and Long-term Strategy for the Economic Transformation of Sri Lanka with Indo-Japanese Collaboration

The Official Launch of the Report on “A Medium and Long-term Strategy for Indo-Japanese Collaboration to Support the Economic Transformation of Sri Lanka”, prepared by the Pathfinder Foundation with the assistance of a panel of experts, was held in Colombo. Ali Sabri, Minister of Foreign Affairs, was the event’s Chief Guest, with Gopal Bagley, High Commissioner of India, and Mizukoshi Hideaki, Ambassador of Japan, gracing the occasion

The event was organized in collaboration with the International Trade Centre (ITC), Geneva, and representatives from several government and private sector agencies attended. Bernard Goonetilleke. Chairman, Pathfinder Foundation; handed over the Report to Ali Sabri, Minister of Foreign Affairs.

The report has suggested a strategic response to transforming the economy, focusing on four priority sectors in which IndoJapanese collaboration is sought to put the country on a sustainable growth trajectory for a structural shift. In his welcome remarks, Chairman Bernard Goonetilleke, while thanking all the experts who contributed to the report, highlighted that two countries India and Japan as very close development partners of Sri Lanka, who have much to contribute to reviving Sri Lanka’s economy. He added, “India’s interest in the welfare of the country and its people was evident in granting generous credit and other facilities amounting to almost 4 billion U.S. dollars in the recent past to overcome the economic crisis. Likewise, Japan has been a country which had generously provided economic support going back many decades”.