Sabry & Jaishankar hold talks on SL economic recovery

Indian External Affairs Minister S Jaishankar today (4) held wide-ranging talks with his Sri Lankan counterpart Ali Sabry focusing on facilitating Sri Lanka’s economic recovery as well boosting bilateral trade.

India extended financial assistance worth around USD 4 billion to Sri Lanka, including lines of credit for purchases of food and fuel, last year when it was reeling under a severe economic crisis.

New Delhi also provided guarantees to the International Monetary Fund (IMF) to help the country secure a USD 2.9 billion bailout package.

“Nice to catch up FM @alisabrypc of Sri Lanka. Thank him for his #RaisinaDialogue2023 participation”, Jaishankar said on Twitter.

“We took stock of our cooperation that is focused on facilitating Sri Lanka’s economic recovery. Discussions covered investment, trade and development partnership,” he said.

Sabry described the meeting as ”constructive”.

I met with @DrSJaishankar, Minister of External Affairs of India at Hyderabad House during my official visit to New Delhi. We had a constructive bilateral meeting and reviewed the current status of Indo-Lanka relations”, he said.

Sabry was in New Delhi to attend the Raisina Dialogue.