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Home Biz & Economy

India inks for one Billion dollar credit line to Sri Lanka

2 months ago
in Biz & Economy, News
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India signs a billion-dollar creidt line to buy essential goods
Indian External Affairs Minister S Jaishankar has said that agreements on a US $1 billion loan relief scheme for Sri Lanka’s essential food items, including food and medicine, were signed in New Delhi this evening.
“Neighborhood first. India stands with Sri Lanka.
US$ 1 billion credit line signed for supply of essential commodities.Key element of the package of support extended by India.” Indian Foreign Affairs ministerhis official Twitter account.
The agreement was exchanged between the Secretary to the Ministry of Finance of India and the Secretary to the Ministry of Finance of Sri Lanka SR Attygalle While Vvisiting Finace Minister Basil Rakapaksa, Indian Finance Minisster Nirmala Seetharaman, Indian Foreign Affairs minister S. Jaishankar, Indian Ambassador to Sri Lanka Gopal Bagle and Sri Lankan High Commissioner to New Delhi Milinda Moragoda were also present.

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