{"id":31906,"date":"2022-03-28T16:23:08","date_gmt":"2022-03-28T10:53:08","guid":{"rendered":"https:\/\/tradebrains.in\/features\/lanka-ld-jaishankar\/"},"modified":"2022-03-28T16:27:55","modified_gmt":"2022-03-28T10:57:55","slug":"lanka-ld-jaishankar","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/lanka-ld-jaishankar\/","title":{"rendered":"Jaishankar calls on Lankan Prez, PM; assures them of India\u2019s continued cooperation to tide over current economic crisis"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3833552056\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday called on Sri Lankan President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa and assured them of India\u2019s continued cooperation and understanding as the island nation was facing an unprecedented economic crisis.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1841615314\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Sri Lanka is facing an acute economic and energy crisis triggered due to the shortage of foreign exchange. India recently announced to extend a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal with the economic crisis.<\/p>\n<p> Jaishankar is here to hold bilateral talks with the country\u2019s top leadership and attend the seven-nation BIMSTEC summit.<\/p>\n<p> In his talks with President Gotabaya, the minister reviewed various dimensions of our close neighbourly relationship.<\/p><div class=\"trade-content_5\" id=\"trade-1913937426\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> \u201cPleased to call on President @GotabayaR of Sri Lanka. Reviewed various dimensions of our close neighbourly relationship. Assured him of India\u2019s continued cooperation and understanding,\u201d Jaishankar said on Twitter.<\/p>\n<p> Gotabaya expressed his gratitude to the government of India for the invaluable assistance provided via the line of credit.<\/p>\n<p> \u201cMet with Indian Foreign Minister @DrSJaishankar today, and I expressed my gratitude to the Government of #India for the invaluable assistance provided recently via the line of credit, on behalf of the people of #lka,\u201d the President said on Twitter.<\/p>\n<p> During his meeting with Prime Minister Mahinda, Jaishankar virtually inaugurated the Jaffna Cultural Centre constructed by India.<\/p>\n<p> \u201cThank Prime Minister @PresRajapaksa for his gracious welcome. Our discussions were followed by some notable events: 1. Witnessed the signing of agreement on supporting Buddhist culture and heritage. 2. Virtually toured an ongoing camp in Jaffna on fitting \u2018Jaipur Foot\u2019,\u201d he said in another tweet.<\/p>\n<p> The Jaipur foot, also known as the Jaipur leg, is a rubber-based prosthetic leg for people with below-knee amputations. It was developed by Pandit Ram Chandra Sharma and orthopedic surgeon P K Sethi in 1968.<\/p><div class=\"trade-content-10\" id=\"trade-3445445194\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> Jaishankar also visited India\u2019s Information Technology services major HCL Technologies office here along with Cabinet Minister of Youth and Sports Namal Rajapaksa.<\/p>\n<p> \u201cVisited the @hcltech office development centre in Colombo. Great example of shared talent and global workplace. Appreciate @RajapaksaNamal for joining on this occasion,\u201d Jaishankar said in another tweet.<\/p>\n<p> HCL Technologies commenced operations in Sri Lanka in 2020 after it joined hands with the Board of Investment (BOI) of Sri Lanka in February 2020 to launch its local entity \u2014 HCL Technologies Lanka (Private) Limited and set up its first delivery centre in the region.<\/p>\n<p> Earlier in the day, Jaishankar met Finance Minister Basil Rajapaksa and discussed with him the island nation\u2019s economic situation and India\u2019s support during its current foreign exchange crisis.<\/p>\n<p> \u201cBegan the visit by meeting Finance Minister @RealBRajapaksa. Discussed the economic situation and India\u2019s supportive response. We will continue to be guided by Neighbourhood First,\u201d he said on Twitter.<\/p>\n<p> Jaishankar\u2019s visit to Colombo is taking place at a time when the public outrage over the Lankan government\u2019s inefficiency in handling the crisis has come out in the open.<\/p>\n<p> This is his first visit to the island nation since India extended an economic relief package to bail Sri Lanka out of the current economic crisis.<\/p>\n<p> Although Jaishankar\u2019s Colombo visit is primarily for the BIMSTEC engagements, officials here said he would be taking part in all important bilateral talks with the Sri Lankan leaders.<\/p>\n<p> Besides India and Sri Lanka, the BIMSTEC comprises Bangladesh, Myanmar, Thailand, Nepal and Bhutan.<\/p>\n<p> The summit is being hosted by Sri Lanka in its capacity as the chair of the grouping BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation).<\/p>\n<p> Prime Minister Narendra Modi will attend the virtual summit of the BIMSTEC grouping on March 30, which is expected to focus on expanding economic engagement among its member countries.<\/p>\n<p> Amidst the current foreign exchange crisis, people are holding protests and vigils urging immediate solutions to rid them of fuel and gas queues and enduring long hours of power cuts \t A sudden rise in prices of key commodities and fuel shortage forced tens of thousands of people to queue for hours outside petrol filling stations. People are also facing long hours of power cuts daily.<\/p>\n<p> All essentials are in short supply due to import restrictions forced by the forex crisis.<\/p>\n<p> India recently announced to extend a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal with the economic crisis.<\/p>\n<p> New Delhi had extended a USD 500 million line of credit to Colombo in February to help it purchase petroleum products. PTI CORR CPS AKJ  CPS<\/p>\n<div class=\"trade-after-content\" id=\"trade-3906510381\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday called on Sri Lankan President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa and assured them of India\u2019s continued cooperation and understanding as the island nation was facing an unprecedented economic crisis. Sri Lanka is facing an acute economic and energy crisis triggered due to [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-31906","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jaishankar calls on Lankan Prez, PM; assures them of India\u2019s continued cooperation to tide over current economic crisis - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/lanka-ld-jaishankar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jaishankar calls on Lankan Prez, PM; assures them of India\u2019s continued cooperation to tide over current economic crisis\" \/>\n<meta property=\"og:description\" content=\"Colombo, Mar 28 (PTI) External Affairs Minister S Jaishankar on Monday called on Sri Lankan President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa and assured them of India\u2019s continued cooperation and understanding as the island nation was facing an unprecedented economic crisis. 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