Indian Foreign Minister Subrahmanyam Jaishankar supports Sri Lanka’s application for an IMF loan. Photo: Reuters
Indian Foreign Minister Subrahmanyam Jaishankar supports Sri Lanka’s application for an IMF loan. Photo: Reuters
Sri Lanka

India foreign minister visits Sri Lanka with stronger ties, China in focus

  • India has told global lender IMF that it strongly supports Sri Lanka’s debt restructuring plan, with Colombo owing around US$1 billion to its nearest neighbour
  • Sri Lanka requires the backing of China and India for agreement on the loan that’s essential to help it emerge from its worst financial crisis in seven decades

Indian Foreign Minister Subrahmanyam Jaishankar supports Sri Lanka’s application for an IMF loan. Photo: Reuters
Indian Foreign Minister Subrahmanyam Jaishankar supports Sri Lanka’s application for an IMF loan. Photo: Reuters
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