Sri Lanka calls for Japanese investments in infrastructure and IT

Foreign minister says the country has to learn from Chinese 'debt trap'

20240703 Sri Lanka FM

Sri Lankan Foreign Minister Ali Sabry speaks to Nikkei Asia in Tokyo on June 3. (Photo by Takuya Fujisawa)

TAMAYO MUTO, Nikkei staff writer

TOKYO -- Sri Lanka is calling for new investments from Japan after reaching an agreement to restructure $5.8 billion of debt with creditors, including Japan, India and China, hoping to revive its economy and achieve balanced diplomacy.

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