India, Sri Lanka discuss multiple business proposals

BusinessIndia, Sri Lanka discuss multiple business proposals

Date:

India, Sri Lanka discuss multiple business proposals

New Delhi: India and Sri Lanka on Wednesday discussed multiple proposals in infrastructure, connectivity, energy, pharma and tourism that would accelerate the island-nation’s economic recovery.

External Affairs Minister S Jaishankar who held talks with Sri Lankan Foreign Affairs Minister Dinesh Gunawardena, said the Indian economy has shown strong signs of recovery in the last few months and the development would have a positive impact on Sri Lanka.

Stressing that India is a reliable development partner of Sri Lanka, he said: “I carry the message of an India that will always be a dependable partner and reliable friend, open to strengthening its relationship with Sri Lanka on the basis of mutual trust, mutual interest, mutual respect and mutual sensitivity.”

Jaishankar said Indian businesses are interested in investing in Sri Lanka and added that delegations discussed opportunities such as in special zones for pharmaceutical manufacturing and tourism.

“Our Lines of Credit have re-built connectivity, facilitating the restoration of normalcy. We are cognizant of the domestic priorities of the Sri Lankan Government, including in agriculture and technology, education and skill development, and urban development,” he added.

Jaishankar will interact with the business community during his three-day visit.

Share post:

Subscribe

Popular

More like this
Related

How to apply for a personal loan and get the best interest rate

Know how to apply for a personal loan, understand...

What Is Reverse Repo Rate? Explained Simply

Whenever the Reserve Bank of India (RBI) announces its...

How RBI Controls Inflation in India (Explained Simply)

Every time prices rise rapidly, people hear the Reserve...

What Is Inflation? Explained Simply with Indian Examples

Have you ever noticed that the vegetables you buy...