Skip to content

Paris Club Seeks China Collaboration in Sri Lanka Debt Talks

  • Group of creditors is awaiting responses from both nations
  • Creditors committee could help Sri Lanka secure IMF funding
Updated on

Paris Club creditors reached out to China and India to coordinate Sri Lanka’s debt-restructuring talks, according to a person familiar with the matter, in an attempt to bring major global creditors together to rework the obligations of emerging economies.

The club, an informal group of mostly rich, western bilateral creditors, is awaiting a response from both countries after it sent an official request in late August to work together, said an official who declined to be identified because talks are continuing.