Sri Lanka seeks another USD 500mn credit from India for fuel

May 31, 2022

Colombo [Sri Lanka], May 31 : Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit...

Sri Lanka to exhaust USD 500 million Indian fuel credit line by April end

Apr 08, 2022

Colombo [Sri Lanka], April 8 : The USD 500 million credit line provided by India for fuel will be exhausted after the delivery of...

India supplies 6000 MT of fuel to Sri Lanka

Apr 02, 2022

Colombo [Sri Lanka], April 2 : Indian Oil Corporation subsidiary in Sri Lanka on Saturday has supplied 6,000 MT of fuel to the Ceylon...

India, S Lanka formalise agreement on Line of Credit worth USD 100 million

Jun 16, 2021

Colombo [Sri Lanka], June 16 : Sri Lankan President Gotabaya Rajapaksa on Wednesday said that the agreement on the Line of Credit worth USD...

India offers credit line of USD 500 mn to Sri Lanka to purchase petroleum products

Jan 18, 2022

New Delhi [India], January 18 : After discussion between External Affairs Minister Dr S Jaishankar and Finance Minister of Sri Lanka Basil Rajapaksa on...

India signs USD 50 mln LoC agreement to boost Maldives' maritime capability

Feb 21, 2021

New Delhi [India], February 21 : India has signed a USD 50 million line of credit (LoC) agreement with the Maldives to facilitate maritime...