Aug 04, Colombo: Sri Lanka is in a moment of challenge and crisis but it presents an opportunity to use this crisis to create a more inclusive and democratic government, the Secretary of State Antony J. Blinken said today.
Speaking with Sri Lankan Foreign Minister Ali Sabry before their meeting in Phnom Penh, Cambodia, Secretary Blinken said the United States has worked hard to step in to support Sri Lanka in this moment.
“But in crisis there is also opportunity, and I hope that – and we hope and will certainly support Sri Lanka in these efforts – there’s an opportunity in this moment to create a more inclusive, representative, democratic, responsive government and to use this crisis to seize that opportunity to make something very positive out of a very difficult situation. It would stand Sri Lanka in very, very good stead.”
The Secretary of State said the U.S. is also “very supportive of Sri Lanka and the IMF working out an arrangement that also requires appropriate debt restructuring that has to be done on an equitable basis with all of the creditors doing what’s necessary to support Sri Lanka at this time.”
Foreign Affair Minister Ali Sabry appreciating the role played by the U.S. in trying to get an IMF bailout as soon as possible and the debt being restructured said Sri Lanka understands the opportunities presented by the challenges, the country is facing at present.
“We see that there is a huge obligation on our part to put the country back on track and get its economy out of the woods, which we are going through right now, and we look forward to work with the American administration, U.S. administration throughout,” Minister Sabry said.