Jaishankar’s visit to Sri Lanka assured cooperation...
Sri Lanka is now going through one of its worst hit economic crises in over seven decades. S Jaishankar had a two day visit to the island nation where he expressed India’s solidarity with the country during difficult times and he assured them of greater investments to help the country’s economic condition.
While holding talks with this Sri Lankan counterpart Ali Sabry, Jaishankar assured India's cooperation across the economic spectrum. He gave assurance that India is now committed to help its debt ridden neighbour by boosting investment and hasten its economic recovery.
“India will encourage greater investments in Sri Lankan economy especially in areas of energy, tourism and infrastructure" he said. He further added, "India is prepared to go the extra mile when Sri Lanka feels the need.” “Conveyed our commitment to increase investment flows to Sri Lanka to hasten its economic recovery,” Jaishankar said on Twitter later in the evening.
Sri Lanka later thanked India for the generous support of a USD 3.9 billion credit line last year and the assurances given to the IMF to restructure the country's debt. “It was my privilege to welcome my friend Hon EAM of India Dr S. Jaishankar in Colombo. I thank him for the generous support of the USD 3.9B credit line last year and the assurances given to the IMF to restructure the debt. Sri Lanka is fortunate to have caring and considerate friends!” Sabry tweeted.
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