India announces $400 million loan for Sri Lanka, in support of new president
Sri Lanka's President Rajapaksa and India's PM Modi shake their hands during a photo opportunity ahead of their meeting at Hyderabad House in New Delhi/ NEW DELHI (Reuters) - India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties. Sri Lanka, located off the southern tip of India, has become an arena of competing influence between New Delhi and China, which has built ports, power ...
Click
To Read Full Article