Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* U.S. says Sri Lanka has opportunity to use the crisis to create a more democratic government
Thu, Aug 4, 2022, 07:42 pm SL Time, ColomboPage News Desk, Sri Lanka.

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.

Full conversation

 

ColomboPage - Recent 10 Stories ::
Full commitment of the public service is essential to an independent judicial process, state officials informed
-- [1 hour and 34 minutes ago]
Power cuts extended from tomorrow after Norochcholai breakdown
-- [2 hours ago]
SLC Executive Committee sends LOD for Rs. 2Bn to Arjuna Ranatunga for making ‘derogatory’ remarks
-- [2 hours ago]
Committee on High Posts approves the appointments of five Secretaries to Ministries and one Ambassador
-- [3 hours ago]
Three locally produced medicines released to the market
-- [3 hours ago]
S&P Global downgrades Sri Lanka Bonds to ‘D’ after missed payments; sovereign ratings affirmed
-- [4 hours ago]
India and Sri Lanka are two sides of the same coin, have to build on the commonalities – President
-- [5 hours ago]
India hands over gifted Dornier maritime surveillance aircraft to Sri Lanka
-- [6 hours ago]
Sri Lanka signs agreement with World University Service of Canada for 7-year Volunteer Cooperation Program
-- [6 hours ago]
Aragalaya activist Dhanish Ali granted bail

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.