India To Work Closely With Sri Lanka On Debt Restructuring : Union Minister
NDTV
"When Sri Lanka faced its unprecedented economic crisis a year back, we felt it was our duty to stand by with our friends in Sri Lanka," Nirmala Sitharaman said.
India on Thursday assured Sri Lanka that it will continue to work very closely with the island nation on debt restructuring discussions and extend support for the economic recovery.
Speaking at the 'NAAM 200' organised by the Government of Sri Lanka to commemorate the 200th anniversary of the arrival of India-Origin Tamils (IOTs), Finance Minister Nirmala Sitharaman said India rendered unprecedented financial assistance of over USD 4 billion last year when the island nation faced the financial crisis.
"When Sri Lanka faced its unprecedented economic crisis a year back, we felt it was our duty to stand by with our friends in Sri Lanka. We could not bear the difficulties our friends in Sri Lanka had to face. Our government and the people of India acted collectively and came to your assistance in record time," she said.
