India-Sri Lankan Relations Post Economic Crisis of Sri Lanka

India-Sri Lankan Relations Post Economic Crisis of Sri Lanka

Registration ID: IJNRD_211004

Published ID: IJNRD2312203

DOI: Click Here to Get

Dr. Nusrat Farooq

SAGAR; IMF;LTTE; Operation Poomalai; the Palk Strait; re-assessment.

The year 2023 marked the 75 years of diplomatic relations between India and Sri Lanka relations, to commemorate this relationship, on July, 2023, Sri Lankan President Ranil Wickremesinghe visited India; this was his first visit to India after he takes the reins of Sri Lanka into his hands and economic crisis. During this visit, India and Sri Lanka signed an ambitious agenda for bilateral connectivity. Both the countries also released ‘joint vision’ statement, it summarizes five areas of cooperation in connectivity, trade, economic, finance and people to people contact. India has already provided $5 billion in economic assistance to Sri Lanka, and is now looking to expand its investment in it; Sri Lanka is also seeing interest from Indian private investment. Indian Ministry of External affairs stated, Sri Lanka as an important partner of India’s Neighbourhood First Policy and vision SAGAR. Indo-Sri Lankan relations show a positive sign after Sri Lanka’s economic crisis in 2022, the worst since its independence from Britain in 1948. India became the first country to hand over its letter of support for financing and debt restructuring of Sri Lanka to the International Monetary Fund (IMF). The present paper sets to analyze Indo-Sri Lankan relations after former’s economic catastrophe of 2022. The study is based on secondary data and the chronological analysis method has been used to analyze their bi-lateral relations.

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"India-Sri Lankan Relations Post Economic Crisis of Sri Lanka", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 12, page no.c30-c40, December-2023, Available :https://ijnrd.org/papers/IJNRD2312203.pdf

Volume 8 Issue 12, December-2023

Pages : c30-c40

Paper Reg. ID: IJNRD_211004

Published Paper Id: IJNRD2312203

Downloads: 000121263

Research Area: Engineering

Country: -, -, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2312203.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2312203

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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