The Indian support for fuel imports by Sri Lanka from India, through the LOC, is in response to Sri Lanka’s urgent requirement…reports Asian Lite News As Sri Lanka faces one of its
It is to be noted that several fishermen from Tamil Nadu were attacked by the Sri Lankan Navy and in 2021 alone five Indian fishermen from Tamil Nadu lost their lives in
India’s critical support to Sri Lanka is due to the ongoing fuel crisis where the country is unable to purchase due to short of US dollars in the country…reports Asian Lite News
President Rajapaksa’s remarks came in the backdrop where opposition parties and critics have complained that government has been selling its lands and resources to powerful countries like China, India and the US…reports
According to central bank data, Sri Lanka owed China $3.5 billion by the end of 2020, excluding loans to state-owned firms….reports Asian Lite News China’s loans to Sri Lanka have been a
The dollar-strapped Sri Lanka is finding hard to release foreign currency to buy fuel for the transportation and electricity generation…writes Susitha Fernando Amidst the worst-ever power crisis connected to Sri Lanka’s ailing
Jaishankar told Rajapaksa that India has always stood with Sri Lanka, and will continue to support Sri Lanka in all possible ways for overcoming the economic and other challenges posed by the
A decision to this effect was taken during a meeting of the council held during the last week of December, 2021, sources in the council said….reports Asian Lite News The advisory council
After witnessing two Covid-19 waves, Sri Lanka’s tourism was further ravaged by the third wave of the pandemic in April 2021…writes Susitha Fernando Although the Sri Lankan tourism sector is still struggling
The agreement is also to help Sri Lanka to unlock $1.9 billion of support from India of which $400 million is a bank swap and $1.5 billion is in lines of credit.