Sri Lanka & India in talks over repayment to India

2020-06-30 at 17:10

The India High Commission in Sri Lanka says India and Sri Lanka have been engaged in close and constructive discussions on rescheduling Sri Lanka’s repayment to India, and on currency swap under bilateral and SAARC arrangements.

Issuing a statement in response to a media query on India-Sri Lanka discussions regarding financial matters, the High Commission said discussions were focused based on the situation concerning Sri Lankan economy’s external sector.

The statement said the concerns were taken up at the leadership level and has been followed up by senior functionaries bilaterally.

The Indian High Commissioner to Sri Lanka held discussions at senior levels in Colombo yesterday and today, on progressing the ongoing official discussions regarding Sri Lanka’s requirements.

India also stated that it remains committed to partner Sri Lanka closely for sustained economic recovery and shared prosperity.