Sri Lanka’s president said Thursday his government has started debt restructuring discussions with China, an important step toward finalizing an International Monetary Fund rescue of the island nation from its worst economic crisis.
President Ranil Wickremesinghe told Parliament on Thursday that the initial talks will continue after China’s Communist Party congress meeting that begins Oct. 16.
Wickremesinghe, who recently returned from a trip to Japan, also said the Japanese authorities agreed to mediate the talks with China.
Sri Lanka begins crucial debt restructuring talks with China
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