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Sri Lanka’s Creditors Push for Greater Chinese Participation in Debt Talks

by Cobus van Staden
Japanese Foreign Minister Yoshimasa Hayashi (L) with his Sri Lankan counterpart Ali Sabry. Image: Ishara S. Kodikara / AFP

Three of Sri Lanka’s largest lenders are calling for its debt restructuring process to be sped up and for China to support the process. Officials from India, Japan, and France, the three heads of Sri Lanka’s creditor committee, are also raising new forms of cooperation in a bid to lessen China’s influence.

It has been a busy week in Sri Lankan diplomacy. French President Emmanuel Macron visited the island during the weekend, at the same time as Japan’s Foreign Minister Yoshimasa Hayashi.

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