Rescheduling SL’s repayment : India holds constructive discussions

CEYLON TODAY | Published: 2:00 AM Jul 1 2020

The Spokesperson of the High Commission of India in Sri Lanka said that in the context of the situation concerning the Sri Lankan economy’s external sector, the two countries have been engaged in close and constructive discussions on rescheduling Sri Lanka’s repayment to India, and on currency swap under bilateral and South Asian Association for Regional Cooperation (SAARC) arrangements.

The matter had been taken up at leadership level and has been followed up by senior functionaries, bilaterally. Most recently, the High Commissioner of India to Sri Lanka held discussions at senior levels in Colombo on 29 June and yesterday (30), on taking forward the ongoing official discussions regarding Sri Lanka’s requirements.

In the post-COVID-19 world, India remains committed to partner Sri Lanka closely for the latter’s sustained economic recovery and shared prosperity.

CEYLON TODAY | Published: 2:00 AM Jul 1 2020

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