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External Affairs Minister Jaishankar, Ali Sabry discuss Sri Lanka's economic recovery
The Hindu
India extended financial assistance worth around $4 billion to Sri Lanka, including lines of credit for purchases of food and fuel,
External Affairs Minister S Jaishankar on March 4, 2023 held wide-ranging talks with his Sri Lankan counterpart M U M Ali Sabry focusing on facilitating Sri Lanka's economic recovery as well boosting bilateral trade.
India extended financial assistance worth around $4 billion to Sri Lanka, including lines of credit for purchases of food and fuel, last year when it was reeling under a severe economic crisis.
Also read:India continues to be supportive of Sri Lanka in ‘all possible ways’: High Commission
New Delhi also provided guarantees to the International Monetary Fund (IMF) to help the country secure a $2.9 billion bailout package.
"Nice to catch up FM @alisabrypc of Sri Lanka. Thank him for his #RaisinaDialogue2023 participation," Mr. Jaishankar said on Twitter.
"We took stock of our cooperation that is focused on facilitating Sri Lanka's economic recovery. Discussions covered investment, trade and development partnership," he said.
Mr. Sabry described the meeting as "constructive".