COLOMBO : Many Memorandums of Understanding (MoUs) were signed between India and Sri Lanka. The signing ceremony took place in the presence of Indian Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe on Friday July 21 in New Delhi
The five MoUs covers various areas of cooperation. They included a Memorandum of Cooperation for the Economic Development of Projects in the Trincomalee District, a MoU on Renewable Energy, an Energy permit for a solar power project, a Network to Network agreement between IPL and Lanka Pay for UPI application acceptance, and an MoU on Animal Husbandry. The agreements aim to strengthen bilateral ties and facilitate collaboration between the two nations in these specific fields
During his official visit to India, President Ranil Wickremesinghe praised the impressive economic, infrastructure, & technological advancements made under PM Narendra Modi’s leadership. He emphasized that India’s growth would have positive impacts on both the neighbouring countries and the Indian Ocean region
President Wickremesinghe also expressed his sincere gratitude to Indian PM Narendra Modi and the government and people of India for their unwavering support and solidarity during Sri Lanka’s most difficult times in recent history .
President Ranil Wickremesinghe reaffirmed his dedication to achieving economic revival, sustainable development & justice for all in Sri Lanka. He engaged in discussions about a comprehensive plan for reconciliation and power-sharing, extending an invitation to all party leaders to reach a consensus. PM Modi expressed his support and goodwill for these initiatives
President Wickremesinghe emphasized the significance of modern-day connectivity in achieving the economic partnership’s vision & highlighted the recent resumption of Chennai-Jaffna air services as a vital step towards improving Indo-Lanka air connectivity. Both countries reached an agreement to enhance aviation & ferry services, aiming to foster economic growth & enhanced connectivity to bolster cooperation in tourism and cultural relations
President Wickremesinghe & PM Modi discussed developing Trincomalee into an energy hub with India’s support, aligning with Sri Lanka’s goal to make it a centre for industry and economic activities. Constructing a multi-product petroleum pipeline from southern India to Sri Lanka to ensure an affordable & reliable supply of energy resources for Sri Lanka was also discussed showcasing the commitment to bolstering energy cooperation & regional development .
