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New Delhi:
Exterior Affairs Minister S Jaishankar held a digital assembly with Finance Minister of Sri Lanka Basil Rajapaksa on Saturday. This interplay follows Rajapaksa’s go to to India final month.Each Ministers positively famous the extension of $ 400 million to Sri Lanka below the SAARC forex swap association and deferral of A.C.U. settlement of $ 515.2 million by two months, which might help Sri Lanka.
The 2 Ministers reviewed the progress in extending the Indian credit score facility of $ 1 billion for importing meals, important objects and medication and $500 mn for importing gas from India.
The Lankan Minister welcomed Indian investments in Sri Lanka in plenty of vital spheres together with ports, infrastructure, power, renewable power, energy and manufacturing and guaranteed that conducive setting shall be offered to encourage such investments
“Jaishankar conveyed that India has at all times stood with Sri Lanka, and can proceed to help Sri Lanka in all doable methods for overcoming the financial and different challenges posed by COVID-19 pandemic. As shut pals and maritime neighbours, each India and Sri Lanka stand to achieve from nearer financial interlinkages,” in response to an announcement issued by the Ministry of Exterior Affairs.
Rajapaksa recalled India’s longstanding cooperation with Sri Lanka and deeply appreciated the gestures of help. On this context, each Ministers famous that the latest steps taken by Lanka for collectively modernizing Trincomalee Oil Tank Farms will increase confidence of buyers, other than enhancing Sri Lanka’s power safety.
Jaishankar introduced up the problem of Indian fishermen detained in Sri Lanka. He urged the Authorities of Sri Lanka to make sure early launch of the detained fishermen on humanitarian issues.
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