Paper Title
India-Sri Lankan Relations Post Economic Crisis of Sri Lanka
Article Identifiers
Authors
Dr. Nusrat Farooq
Keywords
SAGAR; IMF;LTTE; Operation Poomalai; the Palk Strait; re-assessment.
Abstract
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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How To Cite (APA)
Dr. Nusrat Farooq (December-2023). India-Sri Lankan Relations Post Economic Crisis of Sri Lanka. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(12), c30-c40. https://ijnrd.org/papers/IJNRD2312203.pdf
Issue
Volume 8 Issue 12, December-2023
Pages : c30-c40
Other Publication Details
Paper Reg. ID: IJNRD_211004
Published Paper Id: IJNRD2312203
Downloads: 000121987
Research Area: Engineering
Country: -, -, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2312203.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2312203
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