India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the island nation facing one of its worst economic downt …
India extends another $500 million LoC to Sri Lanka for emergency fuel import
India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the island nation facing one of its worst economic downt …
Sri Lanka in ‘debt trap’, India’s response shows pushback against China has begun
While China waits for a Hambantota Port-like ‘takeover’ of Colombo port city, India has responded with great alacrity to Sri Lanka’s financial needs.
India gives Sri Lanka US$500mn credit line for fuel
India has offered Sri Lanka a credit line of 500 million dollars to buy petroleum products, the Indian High Commission (embassy) in Colombo said.
India gives Sri Lanka US$500mn credit line for fuel
India has offered Sri Lanka a credit line of 500 million dollars to buy petroleum products, the Indian High Commission (embassy) in Colombo said.
India steps up critical support to Sri Lanka for fuel
India has offered a new Line of Credit (LOC) of USD 500 million to Sri Lanka for purchase of petroleum products.
Sri Lanka Bonds Face Turmoil as Focus Shifts to July Payment
Global investors are growing more skeptical that Sri Lanka will be able to repay its long-term debt as the island nation turns to bilateral aid to help it meet obligations. Most Read from …
Chinese Foreign Minister’s travels to the Maldives and Sri Lanka has generated fears of deeper debt entrapment
Chinese Foreign Minister Wang Yi’s island hopping in the Indian Ocean this past week has raised eyebrows, as his visits to the Maldives and Sri Lanka came at a time when the raging Omicron variant of …
Fishing turns into a major diplomatic issue between India, Sri Lanka
The diplomatic relationship between India and Sri Lanka, the two neighbouring countries with several shared cultural ethos and beliefs and economic, social, cultural and business ties is now becoming …
India to extend $1.5 billion lines of credit to Sri Lanka; Jaishankar dials Finance Minister Basit
India will extend $1.5 billion in additional lines of credit to Sri Lanka, Indian External Affairs Minister S Jaishankar confirmed on Saturday, assuring the island country of its continuous “support i …