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India starts debt-restructuring talks with Sri Lanka

India starts debt-restructuring talks with Sri Lanka

admin-augaf by admin-augaf
September 20, 2022
in Business, International
Reading Time: 1 min read
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A Navy officer stands in front of India's and Sri Lanka's national flags as Indian Coast Guard Ship (ICGS) Shoor is in the Colombo port during its visit in Colombo, Sri Lanka

A Navy officer stands in front of India's and Sri Lanka's national flags as Indian Coast Guard Ship (ICGS) Shoor is in the Colombo port during its visit in Colombo, Sri Lanka

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New Delhi September 20, 2022: India said on Tuesday it had started bilateral discussions with Sri Lanka on restructuring the crisis-hit neighbor’s debt.

The first round was held on Sept. 16 “in a cordial atmosphere, ” showing India’s support for an early conclusion and approval of an International Monetary Fund loan program for Sri Lanka, the Indian High Commission in Sri Lanka said.

Tags: Sri LankaSri Lanka CrisisSrilanka
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