What are the key areas identified for ramping up ties between India and Sri Lanka as per recent discussions
Explore the focus areas for enhancing defence, energy, and trade relations between India and Sri Lanka based on recent agreements.
- Defense: Both countries aim to enhance maritime security cooperation through joint exercises, capacity building, and intelligence sharing. Plans include expanding defense cooperation beyond training to include transfer of defense equipment and technology.
- Energy: Discussions focus on collaboration in renewable energy projects, including solar and wind energy. India has offered to support Sri Lanka in achieving its clean energy goals through investments and technology transfer.
- Trade: Efforts are underway to address trade imbalances and facilitate smoother trade flow through simplification of trade procedures, removal of non-tariff barriers, and promoting business ties at the grassroots level.
These key areas highlight the strategic importance of deepening ties between India and Sri Lanka for mutual benefit and regional security.
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4 months ago