Tuesday, 30 July 2013

Sri Lanka and Japan to develop further economic ties

Japan’s Minister of Internal Affairs and Communication Mr. Yoshitaka Shindo called on President Mahinda Rajapaksa at the President’s House yesterday to discuss the existing collaborations between the two countries while also developing new ways of further strengthening economic ties, including in the communications sector.

Minister Yoshitaka Shindo  meets
President Mahinda Rajapaksa
Discussions between the two sides also focused on providing Japanese information and communications technology to Sri Lanka to boost the communication sector. The visiting Minister expressed hope that Japanese ICT system which had been tested and evaluated by the Sri Lankan government would be adopted in Sri Lanka. Mr. Shindo also thanked Sri Lanka for its support and assistance in the aftermath of the tsunami in 2011, noting how much the people of Japan appreciated it.

In March of this year, during a visit to Japan, President Rajapaksa held bilateral discussions with Prime Minister of Japan Shinzo Abe. During the President's visit, the government of Japan granted approximately Rs.3.7 billion to Sri Lanka for implementation of four projects for meeting the urgent needs in sectors such as fisheries, roads and health to promote socio-economic development. The Japanese government committed to a total of Rs. 57.8 billion in development aid to Sri Lanka. Since then, this is the second high-level visit of a Japanese government official. In May of this year, Japan’s Deputy Prime Minister Taro Aso visited Sri Lanka and met President Rajapaksa. He also observed the progress in the upgrading and expansion of the Colombo Port which is funded with US$ 800 million of Japanese assistance.