header logo
සිංහලதமிழ்
Asia asset finance
Latest
Foreign Minister to make an official visit to India
Feb 04, 202204:43 PM
Foreign Minister to make an official visit to India

Foreign Minister Prof. G.L. Peiris will visit India this weekend for a two-day official visit, the Ministry of Foreign Affairs confirmed today.

 

Accordingly, the lawmaker is expected to set off for India on February 06 (Sunday).

 

His visit comes days after Sri Lanka and India signed a USD 500 million Short-Term Line of Credit (STLOC) agreement with the Export-Import Bank (EXIM) of India, for the purchase of petroleum products.

 

India extended this support in the wake of a virtual meeting between the External Affairs Minister of India Dr. S. Jaishankar and Sri Lanka’s Finance Minister Basil Rajapaksa on January 15, 2022, during which they discussed a range of issues.

 

India said it is committed to assisting Sri Lanka in its post-Covid economic recovery. “Signing of the LOC Agreement is another landmark in our bilateral cooperation and is in continuation of India’s recent foreign exchange support of over USD 900 million to Sri Lanka.”

 

 

 

MostRead
Mobitel 5g
VideoStories
Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

Lassana Flora