India and Sri Lanka on December 16 exchanged key Memorandum of Understanding (MoUs) in the presence of Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake in New Delhi.
Addressing a joint press conference, PM Modi reiterated India’s support to Sri Lanka’s development. He said, “India has so far provided $5 billion in line of credit to Sri Lanka.”
Highlighting people-to-people ties between India and Sri Lanka, PM Modi said, “The people-to-people relations between India and Sri Lanka are linked to our civilisations. When Pali language was given the status of “Classical Language” in India, it was celebrated in Sri Lanka too.”
Key announcements:
• India will provide assistance for the rehabilitation of the Maho-Anuradhapura railway signaling system and Kankesanthurai port.
• Monthly scholarships to be provided to 200 students from universities of Jaffna and Eastern province from next year.
• 1500 civil servants of Sri Lanka will be trained in India in the next five years.
• Along with housing, renewable energy and infrastructure, India will also cooperate for the development of agriculture, dairy and fisheries in Sri Lanka.
• India will also participate in the unique digital identity project in Sri Lanka.
• Work will be done to establish electricity grid connectivity and multi-product petroleum pipelines, Modi said, adding India will supply liquefied natural gas to the island nation’s power plants.
• Ferry service will be started between Rameshwaram and Talaimanar to boost connectivity between the two nations.
Sri Lankan President Anura Kumara Dissanayake is on a three-day visit to India from Sunday, his first overseas visit after assuming office in September.
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