Buyers at Mullick Ghat flower market in Kolkata on September 22.
Buyers at Mullick Ghat Flower Market in Kolkata on September 22.
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The leaders of India and Sri Lanka agreed to work largely in combination with industry and investment to address the effect of the coronavirus pandemic.
Prime Minister Narendra Modi held a virtual assembly on Saturday with his newly elected Sri Lankan counterpart, Mahinda Rajapaksa, and identified the need for closer economic coordination and deeper integration into supply chains, said Amit Narang, an official. from the Ministry of Foreign Affairs of India, to Reporter Delhi. The two sides also aspire to bilateral monetary cooperation, he said.
India has extended a $400 million currency exchange service to Sri Lanka to recover economically and cope with the disruptions resulting from covid-19. The two sides are discussing a bilateral currency exchange, while technical discussions on Sri Lanka’s request to defer debt payment are underway, Narang said.
Sri Lanka’s first high-level assembly since his re-election is expected to help repair ties between the two neighbors at a time when India is trying to counter China’s influence in its vicinity. infrastructure progression over the past 10 years of Rajapaksa’s reign as Sri Lankan president that ended in 2015, creating tensions with New Delhi.
Mahinda’s brother, Gotabaya, won the presidential election in Sri Lanka in November. The two brothers chose India as the site of their first official visit.
– With Bibhudatta Pradhan’s