Sri Lanka signs USD 1 billion credit line with India

Mar 17, 2022

New Delhi [India], March 17 : Sri Lanka on Thursday signed USD 1 billion credit line with India for procurement of food, medicines and...

Sri Lanka to use USD 70 million from Indian credit line to import food

Jun 25, 2022

Colombo [Sri Lanka], June 25 : Sri Lankan government had given its approval to make the use of another USD 70 million from the...

Sri Lanka successfully completes trial run of AC train supplied by India

Feb 21, 2022

Colombo [Sri Lanka], February 21 : Sri Lanka has successfully completed trials of an AC train supplied by India under a USD 318 million...

India extends Sri Lanka USD 55 million credit line for fertiliser imports

Jun 11, 2022

Colombo [Sri Lanka], June 11 : The Indian government has decided to extend a Line of Credit (LOC) of USD 55 million to Sri...

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...

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...