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A renewed Sri Lankan engagement

As the island nation recovers, India's goodwill gesture has helped it regain some of the ground lost to China

Srilanka
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Shyam Saran
A recent visit to Sri Lanka provided an opportunity to gauge the severity of its economic crisis, the strength of its recovery process, and the outlook for its future. India has played a significant role in enabling the country to manage its economic crisis, and this has created opportunities for expanded political, economic, and security engagement between the two countries. It has improved public sentiment towards India.

Sri Lanka has not yet recovered from its recent economic crisis. Its economy had contracted by 8 per cent in 2022, and this year, the contraction will continue, but at a slower rate
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