COLOMBO, May 4 (Reuters) - Sri Lanka and Japan agreed on Saturday to work to resume stalled bilateral projects including a $1.5 billion Japan-funded light rail project.
The two nations announced the agreement during a visit to the South Asian island nation by Japanese Foreign Minister Yoko Kamikawa.
Sri Lanka pulled out of the rail project in 2020, leading to a cooling of relations, when it was moving closer to China under the then-president, followed by a financial crisis.
The Sri Lankan cabinet in July gave approval for President Ranil Wickremesinghe to decide on the appropriate time frame to reactivate the projects with Japan.
(Reporting by Arpan Chaturvedi; Editing by William Mallard)
