Jaishankar and his Sri Lankan counterpart Sabry discuss working together on infrastructure, connectivity, and energy.

With his Sri Lankan counterpart Ali Sabry, External Affairs Minister S Jaishnakar on Thursday addressed collaboration in infrastructure, connectivity, energy, industry, and health.

Jaishankar and his Sri Lankan counterpart Sabry discuss working together on infrastructure, connectivity, and energy.
via : twitter

With his Sri Lankan counterpart Ali Sabry, External Affairs Minister S Jaishnakar on Thursday addressed collaboration in infrastructure, connectivity, energy, industry, and health.

This evening in Colombo, I had a productive meeting with Foreign Minister Ali Sabry and other ministerial colleagues. "Discussed energy, industry, infrastructure, connectivity, and health cooperation between India and Sri Lanka," Jaishankar tweeted.

In order to speed up Sri Lanka's economic recovery, he also expressed India's commitment to boosting investment into the country.

Jaishankar added that the Minister of Power and Energy, Kanchana Wijesekera, and Ministers of Ports, Shipping, and Aviation from the Democratic Socialist Republic of Sri Lanka, Dr. Bandula Gunawardhana and Nimal Siripala de Silva, will be there to discuss the India-Sri Lanka relationship.

"Expressed our dedication to boosting investment into Sri Lanka in order to speed up its economic recovery. Await my discussions with the leadership tomorrow morning with anticipation "@DeSiripala, @kehelia r, @kanchana wij, @amanugama dilum, @tharakabalasur1. @alisabrypc
Jaishankar tweeted.

According to a news statement from the Sri Lankan Ministry of Foreign Affairs, Jaishankar will pay courtesy calls on President Ranil Wickremesinghe, Prime Minister Dinesh Gunawardena, and other dignitaries during his tour.

Jaishankar will go with the Indian Ministry of External Affairs' Joint Secretary (IOR), Director Sandeep Kumar Bayyappu, Deputy Secretary (Sri Lanka), Nidhi Choudhary, and Deputy Secretary Raghoo Puri.

The Ministry of External Affairs noted that Jaishankar's travel to Sri Lanka will follow his past visits there in January 2021 and March 2022. India has always supported Sri Lanka's citizens because it is a close friend and neighbor of that country.

According to a statement, "During the visit, EAM will meet with President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardena as well as have discussions with Minister of Foreign Affairs MUM Ali Sabry on the full range of the close India-Sri Lanka partnership and steps to strengthen it in all spheres."

Relations between India and Sri Lanka are good. According to Sri Lanka-based news outlet News 19, India provided aid of USD 3.9 billion under the "Neighborhood First Policy" to help Sri Lanka survive the severe economic and financial crisis and meet its immediate requirements, including food, cooking gas, and oil.

In order to assist Sri Lanka in overcoming its fuel deficit, India struck a deal in February 2022 for the delivery of petroleum products from the Indian Oil Company for USD 500 million through a credit line.

In April 2022, this was increased by an extra $200 million in petroleum products.

For the import of necessities, India's EXIM bank and State bank of India provided Sri Lanka with export credit facilities of USD 1,500 million. In order to assist Sri Lanka in maintaining its foreign exchange reserves, India and Sri Lanka also reached a $400 million arrangement.

Ranil Wickremesinghe, the president of Sri Lanka, earlier notified the legislature that effective debt restructuring negotiations have been held with China and India.

According to a news release from the Sri Lankan President Media Division, "We are continuing conversations in that regard and I am delighted to say to this House that the discussions are now fruitful."

(source : ANI)

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