India promises to stand by Sri Lanka at its gravest hour


A high level Indian delegation led by Foreign Secretary Vinay Kwatra meets Sri Lankan PM Wickremesinghe

A high level delegation led by Foreign Secretary Vinay Kwatra visited debt ridden Sri Lanka and assured all possible help. Kwatra was accompanied by Secretary, Department of Economic Affairs Ajay Seth and Chief Economic Advisor V. Anantha Nageswaran. The delegation held a meeting with Sri Lankan Prime Minister Ranil Wickremesinghe on the current economic situation.

“I had a productive discussion with Indian Foreign Secretary Vinay Kwatra, Indian Secretary to the Department of Economic Affairs Ajay Seth and Chief Economic Advisor to the Government of India Dr. V. Anantha Nageswaran. I look forward to stronger bilateral ties with India,” Wickremesinghe tweeted.

Meanwhile, External Affairs Minister S Jaishankar met his Sri Lankan counterpart G L Peiris on the sidelines of Commonwealth summit in Rwanda and offered the much needed financial support to the bankrupt island nation.

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"A neighbours' meeting with Prof. G.L. Peiris, FM of Sri Lanka on the margins of the Commonwealth Summit. Talked about Commonwealth issues as well as India's support for Sri Lanka at this time," Jaishankar said in a tweet.

New Delhi has been providing all necessary assistance to Colombo.

Talks between Sri Lanka and the International Monetary Fund (IMF) for a rescue package have also started. The IMF team arrived in Colombo on Monday and talks are likely to continue till the month-end.

“However, concluding negotiations with the IMF may take time and the island nation has no time to wait for the rescue package as daily existence is also now in question,” an analyst said.