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India announces $450 mn line of credit for infra development in Sri Lanka

Cooperation in fighting terrorism was the highlight of the official meeting between Narendra Modi and Gotabaya Rajapaksa

Prime Minister Narendra Modi shakes hands with Sri Lankan President Gotabaya Rajapaksa ahead of their meeting at Hyderabad House, in New Delhi | Photo: PTI
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Prime Minister Narendra Modi shakes hands with Sri Lankan President Gotabaya Rajapaksa ahead of their meeting at Hyderabad House, in New Delhi | Photo: PTI

Aditi Phadnis New Delhi
India announced a $400-million line of credit for infrastructure development in Sri Lanka within hours of the arrival of President Gotabhaya Rajapaksa amid domestic upheavals in the island nation over the past one year.

Cooperation in fighting terrorism was the highlight of the official meeting between Prime Minister Narendra Modi and Sri Lankan President Gotabaya Rajapaksa who also met National Security Advisor Ajit Doval.

India announced a special line of credit of $50 million for strengthening Sri Lanka's abilities to counter terror threats and another $400 million line of credit for infrastructure development in the island nation.

“In Sri Lanka, terrorists targeted the
Topics : sri lanka

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First Published: Nov 30 2019 | 12:03 AM IST

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