Sri Lanka, June 17 -- The signing of the bilateral agreement between Sri Lanka and France in relation to the external debt restructuring process is a significant milestone of the external debt restructuring process, the Ministry of Finance stated.

The official signing ceremony took place yesterday (16) in Colombo, the Finance Ministry confirmed.

The bilateral agreement was signed by Mahinda Siriwardana, Secretary of the Ministry of Finance, Planning, and Economic Development, on behalf of the government and William Roos, Assistant Secretary, Multilateral Affairs, Trade and Development Policies Department, Directorate-general of the Treasury, on behalf of the government of France.

The Finance Ministry said the signing of the agreement i...