External Affairs Minister S Jaishankar on Saturday discussed the island country's economic situation with Sri Lanka's Finance Minister Basil Rajapaksa. During this, there was also talk on projects with India's cooperation, which can be strengthened and strengthened the economic condition of Sri Lanka. In the talks, India assured Sri Lanka of financial assistance of about four thousand crore rupees within two months. Apart from this, essential goods worth more than Rs 11 thousand crore will be given on loan. During this, Jaishankar also raised the issue of Indian fishermen in Sri Lankan jails and asked Rajapaksa to ensure their release.
The Sri Lankan minister assured the early release of the Indian fishermen. Sri Lanka is troubled these days by being trapped in the debt trap of China. The Kovid epidemic has worsened his financial situation even more. These situations were discussed between the ministers of both the countries. External Affairs Minister Jaishankar assured Rajapaksa that India stood by Sri Lanka in any situation. India will help Sri Lanka to overcome difficulties in every possible way. In the virtual dialogue, Jaishankar cited the ancient ties of both the countries and said that India will maintain them. It should be noted that India also has strong economic ties with neighboring Sri Lanka.
In the talks, Rajapaksa praised and expressed gratitude for India's always cooperative stance. He expressed the need for India's investment in Sri Lanka in the port, infrastructure, energy, alternative energy and industrial sectors. During the talks, the issue of 68 fishermen from Tamil Nadu caught by the security forces from the Sri Lankan sea in December also came up. Jaishankar requested Rajapaksa for the early release of these fishermen. Saturday's talks were an extension of Rajapaksa's talks with Indian leaders during his visit to India in December.
A sigh of relief to Sri Lanka with India's help
Sri Lanka has got a sigh of relief with India's immediate financial help, but to meet the shortfall in its foreign exchange fund, the country will eventually have to go to the International Monetary Fund (IMF). This was stated by Sri Lanka's top economist W.A. V.J. Meanwhile, Indian High Commissioner to Colombo Gopal Baglay has met Sri Lanka's Central Bank Governor Ajit Nivard Cabral and assured all possible assistance. The meeting was in connection with the $900 million aid given by the Reserve Bank of India to the central bank last week.