Sri Lankan Finance Minister calls on PM Modi

Through PTI

NEW DELHI: High Minister Narendra Modi conveyed to Sri Lankan Finance Minister Basil Rajapaksa on Wednesday that India would all the time stand with the island country as a detailed pleasant neighbour, in step with the Sri Lankan top fee.

On a consult with to India, Rajapaksa known as on Modi and thanked the high minister for the entire help that India has equipped to Sri Lanka at this “important time”.

High Minister Modi spoke concerning the central position that Sri Lanka occupies in India’s ‘Neighbourhood First’ coverage and its S.A.G.A.R (Safety and Expansion for all within the Area) doctrine. He reiterated that India would proceed to face with the pleasant folks of Sri Lanka: PMO

— ANI (@ANI) March 16, 2022

Final month, India prolonged a USD 500 million line of credit score to Sri Lanka to lend a hand it acquire petroleum merchandise because the island country has been reeling underneath a serious foreign currencies and effort disaster.

“High Minister of India Narendra Modi said that India would all the time stand with Sri Lanka, a detailed pleasant neighbour, when the visiting Sri Lankan Finance Minister Basil Rajapaksa known as on him this afternoon,” the Sri Lankan top fee mentioned in a remark.

It mentioned Modi and Rajapaksa mentioned a variety of problems concerning the bilateral ties, together with within the spaces of agriculture, renewable power, tourism and fisheries.

“The 2 dignitaries additionally agreed that cooperation within the building of renewable power in Sri Lanka is mutually really useful and that it must be pursued with vigour,” the top fee mentioned. It additionally mentioned Modi and Rajapaksa had a “complete dialogue” at the fisheries factor and recognised its “complicated and multidimensional” facets.

“High Minister Modi and Minister Rajapaksa had a complete dialogue at the fisheries factor between the 2 nations and recognised its complicated and multidimensional facets, together with humane remedy of fishermen, livelihood, enforcement, ecology of the sea, early liberate of arrested fishermen and their boats and many others.,” the Sri Lankan top fee mentioned.

“The 2 dignitaries additionally agreed at the pressing want to discover a lasting way to this complicated factor,” it added.