SL President to sign Rs. 1.94 Bn Japanese grant agreements during state visit

Colombo, Sep 16 (Daily Mirror)- President Anura Kumara Dissanayake is set to sign key bilateral agreements during his upcoming state visit to Japan, securing a total grant of 963 million Japanese yen (approximately Rs. 1.94 billion) from the Government of Japan.

The grant includes 463 million yen for the enhancement of Sri Lanka’s dairy production sector and 500 million yen for an official security assistance project to strengthen the Sri Lanka Navy.

Under the dairy sector initiative, Japan will provide modern equipment and technological support to boost the capacity of the Department of Animal Production and Health.

Meanwhile, the Sri Lanka Navy will receive drones and surveillance technology to aid in investigations, monitoring and maritime security operations.

President Dissanayake, who also serves as the Minister of Finance, Planning and Economic Development, will sign the official exchange documents during his visit.

The Cabinet of Ministers has approved the proposal to proceed with these projects.

The President is scheduled to depart for Japan on September 26 at the invitation of the Japanese Government.

While there, he will also attend the World Expo International Trade Fair on September 27 and engage in high-level discussions with senior Japanese leaders.