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Posts tagged as “Japan”

Japan cautious on reviving stalled projects, seeks faster debt deal with China

report in The Island, Aug 6, 2023Japan has asked Sri Lanka to secure a debt restructure deal with China before any discussion on reviving the Light Rail Transit (LRT) project scrapped by former president Gotabaya Rajapaksa, diplomatic sources said. Foreign minister Yoshimasa Hayashi made it clear during his brief visit to Colombo last week for talks with President Ranil Wickremesinghe that priority must be clinching a debt deal with Beijing before the end of August.…

Japan seeks Lanka’s backing for its Indo-Pacific strategy

report in The Island, Aug 1, 2023Japan has sought Sri Lanka’s backing for its Free and Open Indo-Pacific (FOIP) strategy. Japanese Foreign Minister Hayashi Yoshimasa has taken up this issue with his Sri Lankan counterpart Ali Sabry, PC, when they met on 29th July. According to a statement issued by the Japanese Embassy, in Colombo, Minister Yoshimasa has also briefed Minister Sabry regarding Russia terminating an international agreement that allowed grain exports from Ukraine through…

Japan says lost business appetite in Sri Lanka

By Imsha Iqbal in The Morning, Mar 30, 2023Despite the decades-long diplomatic and trade ties between the countries since 1952, Japanese businesses currently have lost confidence in Sri Lanka due to the abrupt and arbitrary policy changes that have been made by the Government of Sri Lanka (GoSL), says the Ambassador for Japan in Sri Lanka Mizukoshi Hideaki. Ambassador Hideaki stated: “On the governance and transparency of the economic policies, in the past, there have…

Lanka expects India, Japan, New Fortress to join in LNG deal: Minister

report in The Island, Jan 1, 2023Sri Lanka is expecting companies from Japan, India, Japan, and New Fortress Energy of the US to jointly come up with a proposal to supply a liquified natural gas terminal, Power and Energy Minister Kanchana Wijesekera said.Sri Lanka is building two LNG-capable 300MW-sized combined cycle power plants but has no terminal to unload the fuel. Minister Wijesekera claimed that a combined cycle known as Yugadanavi was already capable of…