Japan will coordinate with other creditors to resolve Sri Lanka's deepening financial crisis, Finance Minister Shunichi Suzuki said on Tuesday, urging all creditor nations to gather and discuss the South Asian nation's debt at the same table.
Sri Lanka must accelerate talks with the International Monetary Fund on a bailout, while all bilateral creditors, including China and India, must gather to discuss the issue, Suzuki said."Japan wants to actively cooperate with other creditor countries and public organisations."
President Ranil Wickremesinghe told Reuters this month that Sri Lanka would ask Japan to invite the main creditor nations to talks on restructuring bilateral debts. He said he would discuss the issue with Prime Minister Fumio Kishida in Tokyo next month. "We plan to consider our response, while watching such moves and the situation in Sri Lanka, and consulting with Sri Lanka, other donors and international organisations."
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