India expects Sri Lanka to move on port, energy; US$1bn swap, debt relief talks continue: Rajapaksa-Modi summit

India expects Sri Lanka to go ahead with agreed deals on ports and energy request for Prime Minister Narendra Modi had said during a virtual summit with Prime Minister Mahinda Rajapaska and a billion US dollar swap to boost forex reserves of the island is still under discussion

Sep 27, 2020
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India expects Sri Lanka to go ahead with agreed deals on ports and energy request for Prime Minister Narendra Modi had said during a virtual summit with Prime Minister Mahinda Rajapaska and a billion US dollar swap to boost forex reserves of the island is still under discussion.

India’s foreign ministry said Prime Minister Modi expressed his confidence that the Government in Sri Lanka will take early and decisive steps for their early implementation in accordance with existing understandings and in mutual interest of both sides.
 
The two leaders agreed to work “towards early realization of infrastructure and connectivity projects including in the sectors of Ports and Energy through close consultations as per the Bilateral Agreements and MoUs,” a joint media statement said.

https://economynext.com/india-expects-sri-lanka-to-move-on-port-energy-us1bn-swap-debt-relief-talks-continue-rajapaksa-modi-summit-74204/