Vinay Kwatra in Colombo, seeks ‘positive transformation’ in ties during Ranil’s upcoming visit
1 year, 6 months ago

Vinay Kwatra in Colombo, seeks ‘positive transformation’ in ties during Ranil’s upcoming visit

The Hindu  

India is seeking a “positive transformation” in its ties with Sri Lanka, Foreign Secretary Vinay Kwatra said, following a meeting with President Ranil Wickremesinghe in Colombo on Tuesday. In a visit aimed at laying the groundwork for Mr. Wickremesinghe’s upcoming trip to New Delhi on July 21 — his first official visit to India since becoming President under extraordinary circumstances a year ago — Mr. Kwatra said he discussed ties across “the entire matrix of economic partnership” between the two countries. The Sri Lankan President’s visit to India later this month assumes significance against the backdrop of India extending nearly $4 billion dollars to the island nation at the peak of its economic crisis last year. India was also Sri Lanka’s first bilateral creditor to offer written financing assurances to Sri Lanka, ahead of a crucial $3 billion package from the International Monetary Fund.

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