India has conveyed to Sri Lanka that it is committed to promoting investment in the debt-ridden neighbor to help it out of its worst economic crisis in seven decades, External Affairs Minister Subrahmanyam Jaishankar said during his visit on Friday. Can get help
The island nation of 22 million has grappled with challenges ranging from a foreign currency shortage to runaway inflation and a sharp recession over the past year, its worst crisis since independence from Britain in 1948.
Jaishankar, who is on a two-day visit, on Thursday held talks with his Sri Lankan counterpart Ali Sabri on cooperation in infrastructure, connectivity, energy, industry and healthcare.
“India will encourage greater investment in Sri Lanka’s economy, especially in key sectors such as energy, tourism and infrastructure,” Jaishankar told reporters in Colombo city.
