INSUBCONTINENT EXCLUSIVE:
Indian Prime Minister Narendra Modi is likely to travel to Sri Lanka in April
The check out, according to Sri Lankan sources, is still tightening and might take place around 5th April, with concentrate on a variety of
problems, including connectivity and financial ties.The invite for this check out was extended by Sri Lankan President Anura Kumara
Dissanayake throughout his two-day trip to New Delhi in mid-December 2024
That was President Dissanayakes first abroad check out after being elected in September 2024
During the check out, the Indian government announced the conversion of $20 million in payments for seven completed Line of Credit tasks
into grants, alleviating Sri Lankas financial obligation problem
The announcement constructs on Delhis assistance to Colombo, worth $4 billion during the 2022 economic crisis the country faced.The Sri
Lankan president ensured that Sri Lanka would not permit its territory to be used in any way harmful to Indian interests, crucial remarks in
the middle of Indias issue over growing Chinese engagements in the Indian Ocean region.This will not be PM Modis initially visit to Sri
He has formerly gone to the island nation multiple times, consisting of in 2015, 2017, 2019 during his earlier terms
The 2015 check out, first bilateral trip by an Indian prime minister in a number of years, saw major announcements to tighten ties and a
visit to Tamil-dominated Jaffna province
In May 2017, he was the chief guest for the first-ever International Vesak Day hosted by Sri Lanka.In 2019, Modi made a quick stopover in
Sri Lanka following the Easter horror attacks, becoming the very first world leader to go to after the tragedy, signalling solidarity with
Sri Lanka during a time of crisis.Ties have numerous pillars consisting of connection
On the connectivity front, a brand-new ferryboat path in between Indias Rameshwaram and Sri Lankas Talaimanner is being talked about
Another proposal that is on the table is a multi item petroleum pipeline that connects Nagapattinam to Trincomalee, with Indian Oil
Corporation (IOC) playing a crucial role.India is helping Sri Lanka in adopting UPI for digital deals, following its launch in February 2024
along with Mauritius, something that improves cross-border payments, particularly for Indian tourists and companies in Sri Lanka.Source:
