Sitharaman discussed bilateral issues with Sri Lankan President and Prime Minister

Colombo, November 3 (Language) Finance Minister Nirmala Sitharaman met Sri Lankan President Ranil Wickremesinghe and Prime Minister Dinesh Gunawardene on Friday. During this, he discussed with both the leaders the joint initiatives of the two countries in the economic and commercial fields.

Sitharaman is on a three-day visit to Sri Lanka.

“They discussed India-Sri Lanka joint initiatives in the economic and commercial sector,” the Finance Ministry posted on social networking platform X. Finance Minister Nirmala Sitharaman said that the ‘Vision Document on Economic Partnership’ adopted during her visit to India in July 2023 will further strengthen the maritime, air, digital, energy and people-to-people connectivity of the two countries.”

The finance minister also expressed satisfaction at the recent progress in negotiations on an agreement on economic and technology cooperation and UPI-based digital payments, the ministry said. Also shared views on investment based support and Bilateral Investment Treaty (BIT).

According to the statement, they also discussed cooperation in inter-grid connectivity, aviation, power projects, oil exploration in Mannar.

Sitharaman assured that India will continue to cooperate with the Government of Sri Lanka on matters related to debt restructuring.

During the meeting with the Prime Minister, Sitharaman discussed various issues related to India-Sri Lanka economic partnership and shared ideas to promote trade and investment, enhance tourism and people-to-people ties between the two countries.

Apart from digital payments and digital identity, the two leaders also talked about promoting digital education and cooperation in dairy development.

Language Anurag Raman


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