Indo-Lanka ties further strengthened by Indian Prime Minister’s visit to Sri Lanka in crucial time
Sri Lankan President Maithripala Sirisena has reportedly said that the visit of newly re-elected Indian Prime Minister Narendra Modi to Sri Lanka soon after Easter Sunday bombings sends a strong signal to the world.
Prime Minister Modi is the first foreign head of government to tour Sri Lanka after Easter Sunday bombings.
President Sirisena had reportedly thanked the Indian Premier for sending a strong signal to the world by visiting Sri Lanka soon after the Easter Sunday blasts, when there was uncertainty in the country.
A statement issued by the President’s Office states that Sri Lanka is expecting stronger economic, trade and tourism with India following the Prime Minister’s visit.
Prime Minister Modi visited Maldives and Sri Lanka where China has made inroads.
The two leaders had discussed ways to boost bilateral ties and improved regional security and peace, the statement has added.
OSL take:
The visit by Indian Prime Minister Narendra Modi to Sri Lanka indicates the strong ties between the two countries as well as the fact that the island nation is safe for foreigners to visit the country. Sri Lanka has a free trade agreement (FTA) with India and is in the process of further strengthening it through the proposed ETCA. Therefore foreign businesses/investors interested in doing business with India could look at setting up base in Sri Lanka and engage in businesses utilising the Indo-Lanka FTA.
| Article Code : | VBS/AT/11062019/Z_4 |