Wednesday, Dec 25, 2024
English News
  • Hyderabad
  • Telangana
  • AP News
  • India
  • World
  • Entertainment
  • Sport
  • Science and Tech
  • Business
  • Rewind
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Olympics
    • Education Today
    • Reviews
    • Property
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Lifestyle
Home | India | Sitharaman Assures Sri Lankan President Of Debt Restructuring Support

Sitharaman assures Sri Lankan President of debt restructuring support

Following the meeting, the Finance Ministry, in a late Thursday night post, stated that Wickremesinghe acknowledged India's multi-faceted support to Sri Lanka during the economic crisis.

By IANS
Updated On - 3 November 2023, 03:11 PM
Sitharaman assures Sri Lankan President of debt restructuring support
whatsapp facebook twitter telegram

New Delhi: Finance Minister Nirmala Sitharaman met Sri Lankan president Ranil Wickremesinghe during her visit to the island nation and discussed a host of issues.

After the meeting, in a post late on Thursday night, the Finance Ministry informed that Ranil Wickremesinghe acknowledged the multi-faceted support to Sri Lanka provided by India during the economic crisis.

Also Read

  • Recent Middle-Eastern crisis, fuel prices major concerns of emerging markets: Nirmala Sitharaman
  • “Northeastern states have been the biggest beneficiaries of GST,”: Union Finance Minister Nirmala Sitharaman
  • Nirmala Sitharaman and Kharge lock horns over controversial “weak women” remark

Sitharaman stated that India would continue to collaborate with the Sri Lankan Government on matters pertaining to debt restructuring.

They discussed India-Sri Lanka joint initiatives in the economic and commercial sphere.

Sitharaman highlighted that the ‘Vision document on Economic Partnership’ adopted during his visit to India in July 2023 will further strengthen the countries’ maritime, air, digital, energy and people-to-people connectivity.

The Finance Minister thanked the Sri Lankan president for inviting her as a guest of honour at the 200th anniversary celebrations of the arrival of Indian origin Tamils to Sri Lanka and complimented him for the excellent organisation of the event.

President Wickremesinghe emphasised on Sri Lanka’s vision to build a new market economy with focus on tourism, sustainability, agricultural modernisation and digitisation and welcomed collaboration with India in these areas.

Sitharaman offered that India could become the lead partner in the initiative through technical collaboration.

She also expressed satisfaction on the progress made in recent negotiations on the economic and technology cooperation agreement and UPI based digital payments and shared her views on investment based support and bilateral investment treaty.

They also had discussions on cooperation in Inter-grid connectivity, aviation, power projects, oil exploration in Mannar.

In continued tradition of friendly relations between India and Sri Lanka, Sitharaman and Wickremesinghe witnessed the exchange of Letter of Exchange and Acceptance on Memorandum of Understanding for promotion of Buddhism ties between India and Sri Lanka.

They also witnessed exchange of MoU on solar electrification of religious places in Sri Lanka. For this project, India will allocate Rs 82.40 crore out of the government of India grant assistance of Rs 107.47 crore earmarked for the promotion of Buddhist ties

  • Follow Us :
  • Tags
  • Finance Minister Nirmala Sitharaman
  • Ranil Wickremesinghe
  • Sitharaman
  • Sri Lanka

Related News

  • Cartoon Today on December 25, 2024

    Cartoon Today on December 25, 2024

  • Editorial: An enduring bond between India and Sri Lanka

    Editorial: An enduring bond between India and Sri Lanka

  • Opinion: India’s strategic move at BRICS

    Opinion: India’s strategic move at BRICS

  • Internationalisation of UPI progressing rapidly: RBI

    Internationalisation of UPI progressing rapidly: RBI

Latest News

  • Save future of Telangana NEET PG aspirants, IMA writes to CM Revanth Reddy

    21 mins ago
  • Telangana techie loses Rs 4.15 lakh to online gold trading fraud

    51 mins ago
  • Hyderabad: Couple working as house help at doctor’s residence held for theft

    1 hour ago
  • Hyderabad auto driver foils attempt to kidnap young woman, five held

    2 hours ago
  • Haiti gang attack on journalists covering hospital reopening leaves 2 dead, several wounded

    3 hours ago
  • 21 dead as Mozambique erupts in violence after election court ruling

    3 hours ago
  • Sandhya Theatre stampede case: Allu Arjun questioned for 3 hours by Chikkadpallly police

    12 hours ago
  • Telangana: TRSMA pitches for 15% school fee hike and Right to Fee Collection Act

    12 hours ago

company

  • Home
  • About Us
  • Contact Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2024 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam