India-sri Lanka

Govt approves Rs 29 cr grant to develop Sri Lanka's north boatyard

India will provide Sri Lankan Rupees 290 million to develop the Karainagar Boatyard in the Northern Province of the island nation, the Indian High Commission said here on Thursday. The project envisages rehabilitation of Karainagar Boatyard of the Cey-Nor Foundation Ltd, incorporated under the Ministry of Finance, Planning and Economic Development and operating under the Ministry of Fisheries, Aquatic and Ocean Resources. An MoU was signed and exchanged by High Commissioner of India to Sri Lanka Santosh Jha and the then High Commissioner of Sri Lanka to India Kshenuka Dhireni Senewiratne on December 16, the High Commission said in a release. The project will cover civil works and procurement, including installation of plant, machinery, equipment, material, services etc. Once fully operational, the rehabilitated boatyard will augment livelihood opportunities of local fishermen, create more job opportunities in the area, including through small establishments around the boatyard, and

TN CM Stalin urges Centre for release of 17 fishermen arrested by Sri Lanka

Chief Minister M K Stalin on Tuesday apprised the Centre of the arrest of 17 Tamil Nadu fishermen and seizure of their two boats by Sri Lanka and called for quick steps for their release and the boats as well. Stalin, writing to External Affairs Minister S Jaishankar, said that 17 fishermen from Rameswaram were arrested and their two mechanised fishing boats were seized by the Sri Lankan Navy on December 24, 2024. Also, Stalin brought to Jaishankar's notice, two separate incidents of attack on fishermen from Kodiyakkarai in Nagapattinam district by 6 unidentified Sri Lankan nationals on December 20. "In this outrageous incident, three out of six fishermen who sailed in two country crafts were injured and their belongings such as GPS equipment, VHF equipment, fishing net, mobile phone and their fish catch were robbed from their fishing boats by the attackers," the CM said in his letter. Such frequent arrests and attacks made the lives of fishermen, who depend solely on fishing in t

Dissanayake's presidency opens new chapter in India-Sri Lanka relations

When India invited left-wing leader Anura Kumara Dissanayake for a visit in February, no one anticipated that the political landscape of Sri Lanka would experience a significant transformation, culminating in his surprising rise to the presidency by the end of the year. The development has brought renewed attention to the dynamics between the two neighbouring countries. Dissanayake, 56, popularly known as AKD, was declared the winner of the presidential election in September, marking a complete revolution from his party-led coalition's vote share of three per cent in 2019 to over 60 per cent. Weeks later, Dissanayake's Janatha Vimukthi Peramuna-led National People's Power (JVP-NPP) coalition swept the parliamentary elections by winning 159 out of the 225 seats, the first time any party won a two-thirds majority under the proportional representation system introduced in 1978. The NPP also dominated the Jaffna electoral district the heartland of the nation's Tamil minority. India's

Sri Lanka to focus on $1 bn Adani projects, unconcerned about global issues

Sri Lanka decided to review two projects worth about $1 billion linked to the Adani Group after US authorities last month accused Adani Group Chairman Gautam Adani and seven others

SL secures tax relief deal with IMF, imports to resume in 2025: Dissanayake

President Anura Kumara Dissanayake on Wednesday announced that Sri Lanka has achieved flexibility with the IMF on its rigid state revenue tax regime, something that was part of his election promise. Also, import of private cars -- banned from 2020 -- would be allowed from February 2025, Dissanayake, who is also the Minister of Finance, told the parliament. Speaking about the agreements reached with the International Monetary Fund (IMF) during its third review of the USD 2.9 billion Extended Fund Facility (EFF), the president said his government has been able to raise the tax threshold. We have been able to raise the tax threshold of pay as you earn (PAYE tax) so that those who have bigger incomes pay more while those who earn pay less, Dissanayake said, adding there would be other VAT exemptions and withholding tax on interest incomes for the retired. An income of Rs 1,50,000 per month will be tax free, Dissanayake said referring to the current free amount upto only Rs 1,00,000. F

Dissanayake's India visit marks positive shift in Sri Lanka's foreign ties

On Monday, statements from Mr Dissanayake assured India that he would not allow Sri Lankan territory to be used in a way that would be detrimental to India's interests

Watch: Sri Lankan President Anura Kumara Dissanayake visits Mahabodhi Temple in Bodh Gaya

India to continue backing Sri Lanka's sustainable economic growth: Murmu

President Droupadi Murmu on Monday said India would continue to support sustainable economic development of Sri Lanka as its close and trusted partner. Welcoming Sri Lankan President Anura Kumara Disanayaka and his delegation to the Rashtrapati Bhavan, she congratulated him for his victory in the recent presidential and parliamentary elections. President Murmu also hosted a banquet in his honour. She said that Sri Lanka is an important part of India's 'Neighbourhood First' policy and SAGAR Vision, according to a statement issued by her office. President Murmu said that as a close and trusted partner, India would continue to support the Sri Lankan government's efforts for the sustainable economic development of Sri Lanka. Disanayaka, who is on a three-day visit to India, held wide-ranging talks with Prime Minister Narendra Modi earlier in the day. As a trusted and reliable partner, India has conveyed its continued commitment to working closely with Sri Lanka in advancing its defen

Won't permit Sri Lankan territory to be used against India: Prez Disanayaka

Sri Lankan President Anura Kumara Disanayaka on Monday clearly conveyed to Prime Minister Narendra Modi that the island nation's soil will not be allowed for use against India's interests, an assurance that came amid concerns in New Delhi over China's attempts to increase its influence over Colombo. Disanayaka, on a three-day visit to India, held wide-ranging talks with Prime Minister Modi that saw both sides deciding to soon conclude a defence cooperation agreement and ramp up energy ties by establishing electricity grid connectivity and multi-product petroleum pipelines. In his media statement, Modi said he and the Sri Lankan president were in "full agreement" that security interests of both the countries are interconnected and it was decided to quickly finalise the security cooperation agreement. Modi conveyed to Disanayaka India's consistent support to the island nation in its quest for economic recovery and stability. Sri Lanka was reeling under a massive economic crisis two ..

Sri Lanka President's India tour: Energy, defence ties to be ramped up

The proposal for establishing a pipeline between Tamil Nadu and Sri Lanka is expected to ensure an affordable and reliable supply of fuel to Sri Lanka

India to supply LNG to Sri Lankan power plants, connect power grids

Sri Lankan President Anura Kumara Dissanayake is on a three-day visit to India for bilateral talks centred around economic cooperation, defence collaboration, and energy connectivity

PM Modi holds talks with Sri Lanka Prez Dissanayake over trade, defence

Prime Minister Narendra Modi Monday held extensive talks with Sri Lankan President Anura Kumara Disanayaka, focusing on further shoring up India-Sri Lankan cooperation in a range of areas, including defence, trade and investment. The Sri Lankan leader arrived in Delhi on Sunday, his first foreign trip after becoming president in September. Ahead of the talks, Disanayaka was accorded a ceremonial welcome at the Rashtrapati Bhavan. "An extensive agenda encompassing trade, investment, development and security cooperation will be discussed," External Affairs Ministry spokesperson Randhir Jaiswal said on 'X' ahead of the Modi-Disanayaka talks. On Sunday, the Sri Lankan leader held separate meetings with External Affairs Minister S Jaishankar and NSA Ajit Doval. The Sri Lankan leader will also meet President Droupadi Murmu. Disanayaka is scheduled to attend a business event in Delhi to promote investment and commercial linkages between India and Sri Lanka. He is also scheduled to visit

Sri Lanka key to Neighbourhood First policy: Jaishankar tells Dissanayake

He further affirmed confidence that President Dissanayake's talks with Prime Minister Modi today will lead to greater cooperation

Sri Lankan prez Dissanayake meets FM Sitharaman to discuss economic ties

Earlier on Sunday, Dissanayake also met External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval

Sri Lankan President begins 3-day India visit to boost bilateral ties

Sri Lankan President Anura Kumara Disanayaka arrived in India on Sunday on a three-day visit in his first foreign trip after assuming the top office in September. Prime Minister Narendra Modi will hold wide-ranging talks with the Sri Lankan leader on Monday that is expected to focus on trade, investment, energy and maritime security. The Indian side is also likely to convey to the Sri Lankan leader New Delhi's expectations from Colombo to fulfil the aspirations of the Tamil community in the island nation. Disanayaka was received at the Delhi airport by Union Minister of State for Information and Broadcasting L Murugan. In a post on 'X', External Affairs Ministry spokesperson Randhir Jaiswal said Disanayaka's visit will be an opportunity to further deepen India-Sri Lankan ties and add momentum to the people-centric partnership. "Warm and special welcome!" he said along with photos of the Union minister receiving Disanayaka. The Sri Lankan leader will also meet President Droupadi

No problem with Adani funding Colombo Port project: Sri Lankan minister

The Sri Lankan government wants to see the deep-water container terminal project at the Colombo port go ahead and has no issue with the Adani-led conglomerate using its own resources to fund it, ports minister Bimal Rathnayaka has said. In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy. It is a very important project for revenue generation for the port, we are keen to see it going ahead," Rathnayaka told reporters during a tour of the port on Thursday. He said the Adani group's decision to reject funding from the US International Development Finance Corporation (DFC) was its own and Sri Lanka had no issues with it. The DFC, in November last year, agreed to provide a USD 553 million loan to support the development, construction, and operation of a deep-water container termi

Will use own resources: Adani opts out of US funding for Colombo project

Billionaire Gautam Adani-led conglomerate on Tuesday said it will use its own resources to fund a Sri Lankan port project and not seek US funding. In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project "is on track for commissioning by early next year" and added that the company will fund the ongoing project through "internal accruals", aligning with its capital management strategy. The company said it has withdrawn its 2023 "request for financing from the US International Development Finance Corporation (DFC)". The US International Development Finance Corp, in November last year, agreed to provide a USD 553 million loan to support the development, construction, and operation of a deep-water container terminal called the Colombo West International Terminal (CWIT) at the Port of Colombo in Sri Lanka. The CWIT is being developed by a consortium of Adani Ports, Sri Lankan conglomerate John Keells Holdings Plc, and the Sri Lanka Ports Authority (SLPA). DFC ...

SL Navy arrests 8 Indian fishermen for crossing border, seizes 2 boats

Fishermen who went to sea in 324 boats from Mandapam north coast of Ramanathapuram district on Dec 7 were fishing near Delft Island in Palk Bay Sea area when Sri Lanka Navy arrived and seized 2 boats

Sri Lankan govt to probe 'false media propaganda' over Heroes Day events

Sri Lankan authorities have announced an investigation into "false media propaganda" aimed at discrediting the government for permitting commemorative events in the Northern Province for those who lost their lives during the decades-long separatist conflict with the LTTE. The week-long events commemorating 'Maaveerar Naal' or Great Heroes Day are observed from November 27 by some Tamil political groups and the relatives of those killed in the conflict. We were not opposed to the relatives celebrating their dead," Ananda Wijepala, the public security minister told reporters. However there is no room for celebrating the LTTE who remains a banned terrorist organisation," Wijepala stressed. He said the LTTE remains a banned organisation as per the government gazette of 29 August 2011. Wijepala said an investigation would start on false media propaganda carried out to discredit the government for allowing LTTE celebrations in the north and east. Slain LTTE supremo Velupillai Prabakara

500 kg of crystal meth seized during India-Sri Lanka joint naval operation

Around 500 kg of crystal methamphetamine narcotics were seized from two fishing vessels in the Arabian Sea in a joint operation by the navies of India and Sri Lanka. The joint operation came after Indian Navy's long-range maritime patrol aircraft and drones carried out a surveillance mission in the critical sea lanes based on inputs from the Sri Lankan Navy, officials said. The narcotics were seized on November 25, they added. The two boats, along with the crew and seized narcotics, are being handed over to Sri Lankan authorities for further legal action, the Indian Navy said on Friday. The Indian Navy's Gurugram-based Information Fusion Centre (IFC) that has emerged as a key hub in tracking movements of ships and other developments in the Indian Ocean region also provided certain details for the operation, the officials said. "Based on information received from the Sri Lankan Navy regarding probable narcotics smuggling by Sri Lankan flagged fishing vessels in the Arabian Sea, the