Sri Lanka and France signed a bilateral agreement yesterday (June 16) in Colombo, marking a major milestone in Sri Lanka’s external debt restructuring process, the Ministry of Finance announced.
The bilateral agreement was signed by Mahinda Siriwardana, Secretary of the Ministry of Finance, Planning, and Economic Development, on behalf of the government and William Roos, Assistant Secretary, Multilateral Affairs, Trade and Development Policies Department, Directorate-general of the Treasury, on behalf of the government of France.
The statement by the Finance Ministry added that the government of France played a pivotal role in spearheading Sri Lanka’s external debt restructuring process, co-chairing the Official Creditor Committee alongside Japan and India.
The Ministry noted that the agreement would further strengthen the longstanding bilateral relationships between the two nations.