President apologizes to Japanese Government over the termination of LRT project
Posted on May 27th, 2023

Courtesy NewsIn.Asia

May 26 (AdaDerana) – President Ranil Wickremesinghe expressed his regret to the Japanese Government for the suspension of the Colombo Light Rail Transit (LRT) project, which was being implemented with Japanese support.

During the official meeting in Tokyo this morning (25) between President Ranil Wickremesinghe and Japanese Prime Minister Fumio Kishida, the President emphasized the need for future legislation in the Parliament to ensure that bilateral large-scale projects cannot be halted or canceled without the agreement of both parties.

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The Prime Minister of Japan warmly received President Ranil Wickremesinghe, and bilateral talks commenced after a friendly conversation between the two leaders.

President Ranil Wickremesinghe expressed his gratitude to Japan for its support in helping Sri Lanka recover from its economic crisis, thanking the Japanese Prime Minister for his assistance.

The leaders also discussed new opportunities to enhance cooperation between Japan and Sri Lanka.

In another meeting held on the same day (25) in Tokyo, President Ranil Wickremesinghe met with Japanese Finance Minister Shunichi Suzuki to discuss Sri Lanka’s debt restructuring and the International Monetary Fund’s program. Subsequently, President Ranil Wickremesinghe met with Japanese Foreign Minister Mr. Yoshimasa Hayashi, focusing on strengthening long-term bilateral relations between Sri Lanka and Japan, including increased cooperation in economic and cultural fields.

Additionally, President Ranil Wickremesinghe and former Prime Minister of Japan Mr. Yasuo Fukuda participated in a breakfast meeting organized by the Japan-Sri Lanka Association in Tokyo on the same day (25).

During the meeting, President Ranil Wickremesinghe briefed the former Prime Minister of Japan on the ongoing economic recovery program in Sri Lanka. The President highlighted the favorable investment climate in Sri Lanka and extended an invitation to Japanese investors to return and invest in the country.

Furthermore, a meeting was held between the former Prime Minister of Japan, Mr. Taro Aso, and President Ranil Wickremesinghe, focusing on potential steps to strengthen the existing close and friendly relationship with Sri Lanka.

President Ranil Wickremesinghe also engaged in bilateral talks with Singapore’s Deputy Prime Minister Lawrence Wong in Tokyo on the same day (25). The President reaffirmed Sri Lanka’s commitment to implementing the Singapore Free Trade Agreement during discussions with the Deputy Prime Minister of Singapore.

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