https://sputniknews.in/20231103/india-grants-millions-to-sri-lanka-to-improve-ties-with-buddhist-neighbour-5225124.html
India Grants Millions To Sri Lanka to Improve Ties with Buddhist Neighbour
India Grants Millions To Sri Lanka to Improve Ties with Buddhist Neighbour
Sputnik India
The Indian grant is expected to improve the long-standing Buddhist Connections between the two neighbours. The agreement in this regard was signed in Colombo.
2023-11-03T18:39+0530
2023-11-03T18:39+0530
2023-11-03T18:39+0530
political affairs
india
sri lanka
ranil wickremesinghe
nirmala sitharaman
south asia
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In a move that would help India and Sri Lanka get closer to each other, the former has allocated a grant of USD 15 million to the Island nation to bolster the long-standing Buddhist connections between the two countries, media reports said."This grant is specifically allocated to bolster the longstanding Buddhist connections between India and Sri Lanka, underscoring the deep historical and cultural ties that bind these two nations together," the official statement was quoted as saying by the reports. Wickremesinghe and Sitaraman engaged in "lengthy bilateral discussions" during the bilateral agreement signing event, the statement said.According to reports, the bilateral agreement on the grant was signed at Sri Lankan President's House in Colombo, the capital city of the country, in the presence of President Ranil Wickremesinghe and Indian Finance Minister Nirmala Sitharaman, who is on a three-day visit to the country.The first project to be initiated under the Indian grant is the solar electrification of religious sites across Sri Lanka, with an allocation of USD 10 million, the reports quoted an official statement from the President's media division.
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india, sri lanka, island nation, buddhist connections, sri lankan president's house in colombo, president ranil wickremesinghe, indian finance minister nirmala sitharaman, india sri lanka ties
India Grants Millions To Sri Lanka to Improve Ties with Buddhist Neighbour
The Indian grant is expected to improve the long-standing Buddhist Connections between the two neighbours. The agreement in this regard was signed in Colombo.
In a move that would help India and Sri Lanka get closer to each other, the former has allocated a grant of USD 15 million to the Island nation to bolster the long-standing Buddhist connections between the two countries, media reports said.
"This grant is specifically allocated to bolster the longstanding Buddhist connections between India and Sri Lanka, underscoring the deep historical and cultural ties that bind these two nations together," the official statement was quoted as saying by the reports.
Wickremesinghe and Sitaraman engaged in "lengthy bilateral discussions" during the bilateral agreement signing event, the statement said.
According to reports, the
bilateral agreement on the grant was signed at
Sri Lankan President's House in Colombo, the capital city of the country, in the presence of
President Ranil Wickremesinghe and Indian Finance Minister
Nirmala Sitharaman, who is on a three-day visit to the country.
The first project to be initiated under the Indian grant is the solar electrification of
religious sites across Sri Lanka, with an allocation of USD 10 million, the reports quoted an official statement from the
President's media division.
The Memorandum of Understanding (MOU) for this significant project was jointly finalised by the governments of India and Sri Lanka, it said.
