Miffed With Recurring Chinese Spy Ship Visits, India Pushes Sri Lanka To 'Prioritise' Stalled Strategic Projects
2 years, 3 months ago

Miffed With Recurring Chinese Spy Ship Visits, India Pushes Sri Lanka To 'Prioritise' Stalled Strategic Projects

ABP News  

New Delhi: India has expressed “serious concerns” over the visit of two Chinese ‘spy’ ships and New Delhi has urged Colombo to “prioritise” the key strategic infrastructure projects that are stuck due to domestic issues there, ABP Live has learnt. Expressing “serious threat” to India’s national security, the Narendra Modi government has told Sri Lanka to now push forward the Indian projects stuck there for a decade to avoid a major diplomatic showdown, the sources said. According to the sources, during a series of dialogue that have taken place between both the sides on this issue, Sri Lanka has told India that it is letting the Chinese ships come in an effort to get them finalise the debt restructuring talks with them to secure the much awaited loan package from the International Monetary Fund. Indian Navy Chief Meets President Wickremesinghe The matter was discussed between the Sri Lankan government and India’s National Security Advisor Ajit Doval, and also during the recent visit by Indian Navy Chief Admiral R Hari Kumar to that country, which concluded Saturday. Discussions focused on furthering defence cooperation between India and Sri Lanka towards strengthening bilateral ties.

India Security China Sri Lanka Navy Indian New Delhi Colombo President Chinese Lanka Sri Imf Bilateral Ties Yuan Wang  strategic  security  recurring  sri  spy  indias  visits  chinese  projects  ship  sources  stalled  pushes  lanka  prioritise  colombo  region  india  president

History of this topic

Budget 2025: India's foreign aid to Maldives goes up, this neighbour retains top spot
Top News
1 month, 2 weeks ago

Budget 2025: India's foreign aid to Maldives goes up, this neighbour retains top spot

India TV News  

As Finance Minister Nirmala Sitharaman presented her eighth consecutive budget on February 1, her budget speech also carried announcements regarding India's foreign aid to different countries. India's aid to foreign countries has given primacy to its 'Neighbourhood First', with more than 60 per cent of the budged kept aside for immediate neighbours. Notably, Bhutan ranks at the top in terms …

Budget 2025: India’s aid to Maldives zooms as ties thaw— check allocation for Bangladesh, Bhutan and Afghanistan
1 month, 2 weeks ago

Budget 2025: India’s aid to Maldives zooms as ties thaw— check allocation for Bangladesh, Bhutan and Afghanistan

Live Mint  

India's aid to neighbouring Maldives in Budget 2025 increased by ₹120 crore compared to last year's allocation. A row between the two countries erupted after a few Maldivian MPs interpreted Prime Minister Narendra Modi's visit to Lakshadweep as a move to sideline Maldives as a tourist destination. When External Affairs Minister S Jaishankar visited Maldives in August 2024, leaders has …

India's foreign aid up by 20%, Bhutan tops list, slash in funds to Afghanistan, Myanmar
1 month, 2 weeks ago

India's foreign aid up by 20%, Bhutan tops list, slash in funds to Afghanistan, Myanmar

New Indian Express  

NEW DELHI: The government has allocated Rs 6,750 crore to the Ministry of External Affairs for overseas development projects in the 2025 Union Budget, marking a 20% increase over the Rs 5,667 crore allocated in the previous year. A significant 64% of the allocated funds for external development projects will be directed towards India's immediate neighbours under the ‘Neighbourhood First’ …

India rethinks support to Maldives as Male puts China FTA into effect
1 month, 3 weeks ago

India rethinks support to Maldives as Male puts China FTA into effect

Firstpost  

India is reconsidering its financial aid to the Maldives following the island nation’s decision to implement a free trade agreement with China. The Indian government is reconsidering its financial aid to the Maldives after the island nation decided to implement a free trade agreement with China this month, The Economic Times reported. India has provided immediate financial support to the …

Sri Lankan media spotlights Dissanayake’s ‘balancing act’ with India and China
2 months ago

Sri Lankan media spotlights Dissanayake’s ‘balancing act’ with India and China

The Hindu  

Following Sri Lankan President Anura Kumara Dissanayake’s recent, four-day visit to China, analysis and commentary in local media pointed to the leader’s “balancing act” with Beijing and New Delhi, Colombo’s two key partners vying for greater strategic influence on the island. While the joint statement made no mention of Chinese marine research vessels calling at Sri Lankan ports, an issue …

Sri Lanka seeks to navigate China-India rivalry and emerge from its economic crisis
2 months ago

Sri Lanka seeks to navigate China-India rivalry and emerge from its economic crisis

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sri Lanka's Marxist-leaning President Anura …

Dissanayake in Beijing: Why Sri Lanka must look harder at what it’s signing on with China
2 months ago

Dissanayake in Beijing: Why Sri Lanka must look harder at what it’s signing on with China

Firstpost  

As Sri Lankan President Dissanayake meets Xi Jinping in Beijing, a look at China’s economic grip on Sri Lanka’s economic sovereignty, and the goodwill that India has shown towards its southern neighbour during financial hardship and political turmoil When Sri Lankan President Anura Kumara Dissanayake meets his host, Chinese President Xi Jinping, at the Great Hall of the People in …

When Colombo comes calling
3 months ago

When Colombo comes calling

Hindustan Times  

It is significant that Sri Lankan President Anura Kumara Dissanayake used his first meeting with Prime Minister Narendra Modi to convey an assurance that his government will not allow Sri Lankan soil to be used against Indian interests. Dissanayake also conveyed Sri Lanka’s appreciation for the economic aid worth nearly $4 billion that was provided by India during the unprecedented …

How Dissanayake’s Delhi visit is a show of India's diplomatic deftness
Trending News
3 months ago

How Dissanayake’s Delhi visit is a show of India's diplomatic deftness

Firstpost  

This visit has demonstrated that even in challenging times, with careful planning and mutual respect, diplomacy can achieve remarkable outcomes Sri Lankan President Anura Kumar Dissanayake’s recent visit to India has been widely regarded as a landmark in fostering stronger bilateral relations between the two neighbours. Tradition Meets Pragmatism One of the noteworthy aspects of the visit was President Dissanayake’s …

India unveils measures to help Lankan economy recover
3 months ago

India unveils measures to help Lankan economy recover

Hindustan Times  

New Delhi New Delhi: President Droupadi Murmu with Sri Lankan President Anura Kumara Dissanayake during a banquet hosted by her in his honour at Rashtrapati Bhavan, in New Delhi, Monday. India on Monday unveiled a slew of measures to boost development and physical and energy connectivity with Sri Lanka, with Prime Minister Narendra Modi assuring President Anura Kumara Dissanayake of …

India, Sri Lanka decide to ramp up defence, energy, trade ties
3 months ago

India, Sri Lanka decide to ramp up defence, energy, trade ties

The Hindu  

India and Sri Lanka Monday adopted a futuristic vision to expand their partnership, resolved to soon conclude a defence cooperation pact and decided to ramp up energy ties by establishing electricity grid connectivity and multi-product petroleum pipelines. Prime Minister Modi said both sides decided to emphasise investment-led growth and connectivity for the India-Sri Lanka economic partnership, and it was decided …

Sri Lanka president in India in first overseas trip
3 months ago

Sri Lanka president in India in first overseas trip

Deccan Chronicle  

Sri Lankan President Anura Kumara Dissanayake was in India Monday for his first overseas visit as head of state, vowing to bolster ties between the neighbours.Leaders of the island nation typically make their first visit to regional powerhouse India, which competes with China for influence in the Indian Ocean.Leftist Dissanayake, who came to power in September on a pledge to …

Sri Lanka To Ink Debt Deals By Year's End: Economic Development Deputy Minister
3 months, 2 weeks ago

Sri Lanka To Ink Debt Deals By Year's End: Economic Development Deputy Minister

Deccan Chronicle  

Colombo: Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the month before a 2025 budget adhering to strict revenue targets set by the International Monetary Fund. Economic Development Deputy Minister Anil Jayantha Fernando said debt restructuring had been delayed by more than two years, costing the country an additional 1.7 billion dollars in accumulated interest. …

Sri Lanka's President plans to visit China after his first overseas trip to India: Official
3 months, 3 weeks ago

Sri Lanka's President plans to visit China after his first overseas trip to India: Official

India TV News  

Colombo: Sri Lankan President Anura Kumara Dissanayake plans to visit China following his proposed official trip to India, Cabinet spokesman Nalinda Jayathissa said on Tuesday. On behalf of Prime Minister Narendra Modi, Minister Jaishankar had extended an invitation to President Dissanayake to undertake a visit to India at a mutually convenient date, according to a local media report. The Chinese …

IMF approves third review of Sri Lanka's $2.9 billion bailout
3 months, 3 weeks ago

IMF approves third review of Sri Lanka's $2.9 billion bailout

The Hindu  

The International Monetary Fund approved the third review of Sri Lanka's $2.9 billion bailout on Saturday but warned that the economy remains vulnerable. "Maintaining macroeconomic stability and restoring debt sustainability are key to securing Sri Lanka's prosperity and require persevering with responsible fiscal policy," the IMF said. However, Sri Lanka still needs to complete a $12.5 billion debt restructuring with …

IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks
3 months, 3 weeks ago

IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks

Al Jazeera  

Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge. The International Monetary Fund has approved the third review of Sri Lanka’s $2.9bn bailout but warned that the South Asian island nation’s economy remains vulnerable. Sri Lanka still needs to complete a $12.5bn bondholder debt restructuring and a $10bn debt rework with bilateral …

Sri Lanka's president makes U-turn on IMF bailout
4 months ago

Sri Lanka's president makes U-turn on IMF bailout

The Hindu  

Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiate the deal secured by his predecessor. The $2.9 billion loan secured early last year required Colombo to sharply raise taxes, remove generous energy subsidies and agree to restructure more than 50 loss-making state enterprises. Mr. Dissanayake's National People's Power party …

India’s foreign minister becomes the first such dignitary to visit Sri Lanka since the election
5 months, 2 weeks ago

India’s foreign minister becomes the first such dignitary to visit Sri Lanka since the election

Associated Press  

COLOMBO, Sri Lanka — India’s Foreign Minister S. Jaishankar met Sri Lanka’s newly elected President Anura Kumara Dissanayake Friday in the first such visit of a dignitary since a new government took office in the island nation last month, amid questions over how Dissanayake would balance between regional powers China and India. At the same time, China’s support to restructure …

IMF expresses willingness to collaborate with Sri Lanka's new president on economic recovery
5 months, 3 weeks ago

IMF expresses willingness to collaborate with Sri Lanka's new president on economic recovery

China Daily  

COLOMBO - The International Monetary Fund has expressed its eagerness to collaborate with Sri Lanka's newly elected President Anura Kumara Dissanayake, said the IMF on Tuesday. "We look forward to working closely with President Dissanayake and his administration to build on the significant progress made, which has helped steer Sri Lanka toward economic recovery after one of its worst financial …

Xi says wants to deepen BRI cooperation with Sri Lanka under new leader
5 months, 3 weeks ago

Xi says wants to deepen BRI cooperation with Sri Lanka under new leader

The Hindu  

Chinese President Xi Jinping on Monday said he hoped to broaden cooperation with Sri Lanka under his Belt and Road infrastructure initiative as he congratulated the island nation's new leader Anura Kumara Dissanayake. "I attach great importance to the development of China-Sri Lanka relations and am willing to work with Mr. President to continue our traditional friendship enhance mutual political …

Sri Lanka president defends IMF bailout in campaign launch
6 months, 3 weeks ago

Sri Lanka president defends IMF bailout in campaign launch

Hindustan Times  

Sri Lanka had no option but to agree to an International Monetary Fund bailout that required tough austerity measures, President Ranil Wickremesinghe said Thursday as he launched his re-election campaign. Sri Lanka president defends IMF bailout in campaign launch An unprecedented economic crisis two years ago led to months-long food and fuel shortages, triggering street protests that forced Wickremesinghe's predecessor …

Sri Lanka inks pacts with OCC, China to restructure debt
8 months, 3 weeks ago

Sri Lanka inks pacts with OCC, China to restructure debt

Hindustan Times  

New Delhi: Sri Lanka on Wednesday signed separate debt restructuring agreements with the Official Creditors Committee, a group co-chaired by India, and China’s Exim Bank, with New Delhi saying it will continue supporting Colombo’s economic recovery through long-term investments. The Official Creditors Committee is co-chaired by India After the International Monetary Fund’s approval of an extended fund facility for Sri …

Sri Lanka reaches deal on debt restructuring with bilateral creditors including China and France
8 months, 3 weeks ago

Sri Lanka reaches deal on debt restructuring with bilateral creditors including China and France

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka’s President Ranil Wickremesinghe announced a debt restructuring deal with countries including India, France, Japan and China in a televised address to the nation Wednesday. Similarly, we signed another agreement with China’s Exim Bank today in Beijing.. Sri Lanka won,” Wickremesinghe said. Sri Lanka declared bankruptcy in April 2022 and suspended repayments on some $83 …

Sri Lanka seals debt deal with Official Creditor Committee after financial crisis
8 months, 3 weeks ago

Sri Lanka seals debt deal with Official Creditor Committee after financial crisis

The Hindu  

In what it termed a significant milestone, Sri Lanka on Wednesday sealed a deal with the Official Creditor Committee, to restructure the debt owed to its bilateral lenders including India, and signed a separate agreement with China for debt treatment. “Sri Lanka reached a final restructuring agreement for $5.8 billion of debt with its bilateral lenders’ Official Creditor Committee in …

'Procedural issues' delaying Sri Lanka debt deal: IMF
9 months, 1 week ago

'Procedural issues' delaying Sri Lanka debt deal: IMF

The Hindu  

Sri Lanka's planned foreign debt restructure after an unprecedented economic crisis has been delayed by "procedural issues" in negotiations with bilateral creditors including China, the International Monetary Fund said on June 14. The Washington-based lender of last resort this week gave Sri Lanka the latest tranche of a rescue package designed to help repair the island nation's ruined finances after …

Sri Lanka has made 'strong progress' on debt restructuring front: IMF
9 months, 1 week ago

Sri Lanka has made 'strong progress' on debt restructuring front: IMF

The Hindu  

“Sri Lanka’s macroeconomic policy reforms have started to “bear fruit” and the country is expected to reach agreements with external commercial creditors soon,” the IMF has said ahead of the second review of its $2.9 billion bailout programme to the cash-strapped country. Addressing a press conference on June 7, International Monetary Fund Communication Department Director Julie Kozack asserted that Sri …

China, Sri Lanka forging stronger bonds
11 months, 2 weeks ago

China, Sri Lanka forging stronger bonds

China Daily  

Premier Li Qiang meets with Sri Lankan Prime Minister Dinesh Gunawardena on March 26 at the Great Hall of the People in Beijing. More recently, Sri Lanka's Prime Minister Dinesh Gunawardena, paid a six-day visit to China, from March 25-30. Gunawardena highlighted the opportunities available for investment in Sri Lanka, including in the Colombo Port City and Hambantota Industrial Zone, …

Sri Lankan PM meets Xi Jinping, Chinese President assures aid 'without interfering in internal affairs'
11 months, 3 weeks ago

Sri Lankan PM meets Xi Jinping, Chinese President assures aid 'without interfering in internal affairs'

India TV News  

Colombo: Chinese President Xi Jinping has assured continuous support to Prime Minister Dinesh Gunawardena for Sri Lanka's efforts for “political and socio-economic progress” and also said Beijing will stand for safeguarding the island nation's territorial integrity and sovereignty. “Chinese President assured continuous support of China to Sri Lanka’s efforts for political and socioeconomic progress. Xi Jinping assures support for Sri …

IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
11 months, 3 weeks ago

IMF says the economic situation in debt-stricken Sri Lanka is gradually improving

Associated Press  

COLOMBO, Sri Lanka — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday. Sri Lanka’s year-on-year economic expansion in the third quarter of 2023 was 1.6% and in the fourth quarter 4.5%, the IMF said. The economic crisis in early 2022 left Sri …

Sri Lanka will get the second tranche of a much-need bailout package from the IMF
1 year, 3 months ago

Sri Lanka will get the second tranche of a much-need bailout package from the IMF

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Sri Lanka will get the second tranche of a much-need bailout package from the IMF
1 year, 3 months ago

Sri Lanka will get the second tranche of a much-need bailout package from the IMF

Associated Press  

COLOMBO, Sri Lanka — The International Monetary Fund executive board approved the release of the second tranche of a $2.9 billion dollar bailout package to help Sri Lanka recover from the worst economic crisis in its history. In a statement, the fund said the decision Tuesday to release $337 million came after Sri Lanka had made “commendable progress” toward debt …

IMF clears second tranche of $337 million for Sri Lanka
1 year, 3 months ago

IMF clears second tranche of $337 million for Sri Lanka

The Hindu  

The International Monetary Fund has cleared the second tranche — of about $337 million — of the Extended Fund Facility to Sri Lanka, based on the debt treatment plan drawn up by the crisis-battered island nation and its bilateral creditors. They are an important milestone putting Sri Lanka’s debt on the path towards sustainability,” a senior official in Washington DC …

Sri Lanka reaches agreement with India, Paris Club on debt treatment
1 year, 3 months ago

Sri Lanka reaches agreement with India, Paris Club on debt treatment

The Hindu  

Sri Lanka has reached an “agreement in principle” with India and the Paris Club group of creditors including Japan, on a debt treatment plan that will help the crisis-hit island nation tap the next tranche of the International Monetary Fund’s nearly-$3 billion recovery package. “The OCC and Sri Lanka agreed on the main parameters of a debt treatment consistent with …

The second installment of Sri Lanka’s bailout was delayed. The country hopes it’s coming in December
1 year, 3 months ago

The second installment of Sri Lanka’s bailout was delayed. The country hopes it’s coming in December

Associated Press  

COLOMBO, Sri Lanka — The governor of Sri Lanka’s Central Bank said Friday he’s confident it will receive the second instalment of a $2.9-billion bailout package from the International Monetary Fund before the end of the year, after payment was delayed due to inadequate oversight and debt restructuring. The IMF’s review in September said Sri Lanka’s economy was recovering, but …

No ‘political strings attached’ to China’s support for Sri Lanka: Xi tells Ranil
1 year, 5 months ago

No ‘political strings attached’ to China’s support for Sri Lanka: Xi tells Ranil

The Hindu  

China will continue to assist Sri Lanka without any “political strings attached” and help the country cope with difficulties, President Xi Jinping told his Sri Lankan counterpart Ranil Wickremesinghe on Friday, according to an official statement, even as Colombo attempts to finalise a debt treatment plan with its creditors, including the Asian giant. Noting that Sri Lanka was among the …

Sri Lanka says it has reached an agreement with China’s EXIM Bank on debt, clearing IMF funding snag
1 year, 5 months ago

Sri Lanka says it has reached an agreement with China’s EXIM Bank on debt, clearing IMF funding snag

Associated Press  

COLOMBO, Sri Lanka — Sri Lanka says it has reached an agreement with the Exim Bank of China on key terms and principles for restructuring its debt, a key step toward unlocking a second instalment of a $2.9 billion package from International Monetary Fund aimed at rescuing the island nation from a dire economic crisis. The finance ministry said in …

Sri Lanka confirms major debt deal with China
1 year, 5 months ago

Sri Lanka confirms major debt deal with China

The Hindu  

The Sri Lankan government has confirmed that it has concluded a preliminary deal with China on the restructuring of its debts to Beijing, seen as a "big step" in the cash-strapped country's economic recovery. China holds about 52% of Sri Lanka’s $46 billion external credit.” The agreement in principle covers approximately $4.2 billion of outstanding debt, it said adding that …

Second tranche of IMF bailout to Sri Lanka may be delayed; talks with govt to continue: official
1 year, 5 months ago

Second tranche of IMF bailout to Sri Lanka may be delayed; talks with govt to continue: official

The Hindu  

Sri Lanka's second tranche of a USD 2.9 billion bailout package from the IMF is likely to be delayed due to the inconclusive nature of the cash-strapped nation's external debt restructuring even as the global lender said on Wednesday that it will continue discussions to reach a staff-level agreement. The International Monetary Fund in March this year approved a 48-month, …

US expresses concern to Sri Lanka over China's research ship visit: Report
1 year, 5 months ago

US expresses concern to Sri Lanka over China's research ship visit: Report

India Today  

The US has expressed concern to Sri Lanka about the likely visit of a Chinese research ship next month that could also cause worries in India, which in the past has raised security concerns over docking by China's spy vessels, according to a media report. US Under Secretary Victoria Nuland, who met Sri Lankan Foreign Minister Ali Sabry in New …

Confusion over Sri Lanka granting permission to Chinese survey vessel in October
1 year, 6 months ago

Confusion over Sri Lanka granting permission to Chinese survey vessel in October

Hindustan Times  

Confusion prevails in Sri Lanka over granting permission to Chinese Research vessel Shi Yan 6 to conduct ocean survey off the island nation in October after New Delhi raised its serious concerns with the Ranil Wickremesinghe government. India has officially raised concerns to Sri Lanka for allowing a free run to Chinese survey, surveillance and ballistic missile trackers ships at …

Sri Lanka ‘processing’ China's request for research ship docking that may raise security concerns in India
1 year, 6 months ago

Sri Lanka ‘processing’ China's request for research ship docking that may raise security concerns in India

The Hindu  

Sri Lanka is currently processing a request by China to allow a research ship to dock in the country, a foreign ministry spokesperson said on August 23, a year after a visit by a Chinese spy vessel to the Island nation raised security concerns in India. The Chinese research vessel 'SHI YAN 6' is expected to arrive in Sri Lanka …

How China's absence in Sri Lanka's economic meltdown creates strategic opening for India
1 year, 7 months ago

How China's absence in Sri Lanka's economic meltdown creates strategic opening for India

Firstpost  

China, not quite an iron brother of Sri Lanka’s like Pakistan, surprisingly stayed in the wings during Colombo’s economic meltdown last year, creating strategic space for New Delhi. During Sri Lanka’s first sovereign default in April 2022, approaching IMF for bailout of $3 billion and the rescue efforts including debt treatment China preferred to stay out allowing India to take …

China reiterates support for Sri Lanka’s debt relief ahead of crucial IMF review
1 year, 7 months ago

China reiterates support for Sri Lanka’s debt relief ahead of crucial IMF review

The Hindu  

China has pledged help for Sri Lanka’s debt challenge yet again,even as theRanil Wickremesinghe government tries to finalise the terms of restructuring its foreign loans with bilateral creditors. Chinese Foreign Minister Wang Yi on Wednesday “vowed that China will help Sri Lanka effectively address the challenges of financial debt”, according to a statement from the office of Prime Minister Dinesh …

ECONOMIC PERSPECTIVES | IMF’s urgent loan to Pakistan driven by the West’s paranoia over China
1 year, 7 months ago

ECONOMIC PERSPECTIVES | IMF’s urgent loan to Pakistan driven by the West’s paranoia over China

The Hindu  

Published : Aug 10, 2023 11:00 IST - 6 MINS READ On July 14, the shaky government of a debt-stressed Pakistan won itself a surprising reprieve from the IMF. Pakistan’s government has also succeeded in getting fund flows from “friendly” nations—$3.7 billion from bilateral partners such as Saudi Arabia and the UAE—and a roll-over of around $4 billion in loan …

Sri Lanka on path of economic recovery: FM Shehan Semasinghe
1 year, 7 months ago

Sri Lanka on path of economic recovery: FM Shehan Semasinghe

The Hindu  

Shehan Semasinghe, State Minister of Finance Sri Lanka, said the island nation is on a recovery path after the worst economic crisis it faced in 2022, and there are opportunities for investors to take part in its growth story. The Sri Lanka government has embarked on a slew of reforms to tide over the crisis in the last 15 months, …

With one eye on China, Japan backs Sri Lanka as a partner in the Indo-Pacific
1 year, 7 months ago

With one eye on China, Japan backs Sri Lanka as a partner in the Indo-Pacific

Associated Press  

COLOMBO, Sri Lanka — Japan’s Foreign Minister Yoshimasa Hayashi said Saturday that Sri Lanka is a key partner in a Tokyo-led initiative aimed at building security and economic cooperation around the Indo-Pacific but also at countering an increasingly assertive China. Last year Sri Lanka, which owed $51 billion in foreign debt, became the first Asia-Pacific country since the late 1990s …

Still incomplete: on India-Sri Lanka ties and their vision
1 year, 7 months ago

Still incomplete: on India-Sri Lanka ties and their vision

The Hindu  

With a joint statement on economic cooperation, India and Sri Lanka outlined a forward-looking vision for their relations. The statement, entitled “Promoting Connectivity, Catalysing Prosperity: India-Sri Lanka Economic Partnership Vision”, released after talks between Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe in Delhi last week, lays out the vision in five areas: maritime, air, energy, trade and …

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region
1 year, 7 months ago

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region

Firstpost  

India’s accelerated overtures to Sri Lanka in the past few years are emblematic of its engagements in the wider Indo-Pacific Region Sri Lankan President Ranil Wickremesinghe’s visit to India on 20-21 July came at a time when the ties between the two neighbours have been in flux for the past few years. India’s strategic engagements with Sri Lanka gained traction …

Crisis-hit Sri Lanka may allow Indian rupee to be used in local transactions
1 year, 7 months ago

Crisis-hit Sri Lanka may allow Indian rupee to be used in local transactions

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sri Lanka is considering the …

Focus on joint projects during Sri Lankan President Ranil Wickremesinghe’s India visit
1 year, 8 months ago

Focus on joint projects during Sri Lankan President Ranil Wickremesinghe’s India visit

The Hindu  

Sri Lankan President Ranil Wickremesinghe on July 20 arrived in India for an official visit, a year after he became President of the Island nation that witnessed its worst economic crisis last year. During Sri Lanka’s dramatic economic crash last year, India extended emergency financial support of about $4 billion, providing relief at a time when citizens struggled amid critical …

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