Lanka Business Online

Talking Yens

The trip follows last Friday
quote s announcement made by the Japanese government to relax its travel advisory on Sri Lanka.

rnrnCabinet spokesman, Prof. G L Peiris told the media today that the Japanese government
quote s decision would not only help the tourism industry, but trade relations between the two countries too.

rnrnEarlier a trade delegation was scheduled to visit Japan in September this year in view of celebrating 50 years of cordial relationships between the countries.

rnrnProf. Peiris told LBO that the second delegations would also take place as planned, but next months delegation would concentrate on improving Japanese investment in Sri Lanka.

rnrnThe composition of the trade delegation was however, not available.

rnrnJapan has been Sri Lanka
quote s largest donor nation and one of the largest investors here.

rnrnAs at 2000 bilateral debt to Japan stood at Rs. 172.9 million, or 62.3 per cent of Sri Lanka
quote s total bilateral debt of Rs. 277.3 million.

rnrnMeanwhile, out

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