SL embassy in Russia, in talks for long-term Credit Line
The Embassy of Sri Lanka in Moscow has announced that a productive discussion was held on Oct. 17 with the Russian Government on the possibility of obtaining a long term credit line in order to procure fuel to Sri Lanka.
In a statement, the embassy states that the Sri Lankan ambassador to Russia – Prof. Janitha A. Liyanage attended this discussion representing Sri Lanka and emphasised the significance of such a credit line to Sri Lanka to procure fuel, especially at this trying time.
The mechanism of the said credit line and the modality to procure fuel from the Russian Federation were discussed at length with the Ministry of Finance of the Russian Federation.
From the Russian Government, Deputy Minister of Finance of the Russian Federation – Mr. Maksimov Timur, the Ambassador of the Russian Federation to Democratic Socialist Republic of Sri Lanka – Mr. Levan Jagaryan, and a few officials representing the Ministry of Finance and the Ministry of Foreign Affairs had been present at the discussion.
This Embassy is of the view that this credit line facility will play an important role to make adequate fuel supplies available to Sri Lanka at a competitive price in the months to come.