India-Sri Lanka Sign 10 Agreements During Modi’s Visit to Colombo City

In the meeting between Indian Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake, the two parties agreed on defence cooperation, electric grid connectivity, and an energy hub at Trincomalee, Sri Lanka.

Indian Prime Minister also said that New Delhi would continue assisting the island nation’s walk towards economic recovery.

Multiple Agreements

A total of 10 agreements for cooperation were finalised between the two sides in areas ranging from digital transformation to debt restructuring, and health and medicine to power plant projects. 

“Whether it was the terrorist attack of 2019, the Covid pandemic or the recent economic crisis, we have stood with the people of Sri Lanka in every difficult situation,” said Prime Minister Modi at a joint media interaction with the Sri Lankan counterpart, after the meeting was concluded in Columbus city.

Having a special place in India’s ‘Neighbourhood First Policy’ and MAHASAGAR vision, Prime Minister Modi announced a range of measures to boost the island’s effort to recover from the worst economic crisis in its history.

A tripartite MoU was also signed that involved the United Arab Emirates (UAE) to develop Trincomalee as an energy hub, including the construction of a multi-product energy pipeline.