India ready to continue assisting Sri Lanka: Foreign Ministry

As Sri Lanka reels from a severe economic crisis that has sparked political upheaval, India on Thursday said it was ready to continue helping the island nation recover from difficulties in line with its policy. of “neighborhood first”.

External Affairs Ministry Spokesman Arindam Bagchi said India was closely following economic and other developments in Sri Lanka.

He said India had provided around $2.5 billion in aid to Sri Lanka over the past three months and included credit facilities for fuel and food.

“Since mid-March, more than 270,000 metric tons of diesel and gasoline have been delivered to Sri Lanka. In addition, about 40,000 tons of rice have been supplied under the billion-dollar credit facility. dollars recently extended,” Bagchi said at a press briefing.

Sri Lanka has witnessed massive street protests in recent days due to the economic crisis and public anger has led to almost all ministers leaving government.

Calls for the resignation of President Gotabaya Rajapaksa are increasing. However, he has so far denied those claims.

Referring to India’s general ties with Sri Lanka, he said the relationship is rooted in the shared values ​​and civilizational aspirations of the two peoples.

“Our cooperation, based on commonalities and interests, has grown stronger in recent months. We see recent developments in this perspective and we are ready to continue working with Sri Lanka for a rapid economic recovery from COVID, in accordance with India’s ‘neighborhood first’ policy,” Bagchi said.

He said: “As a close neighbor and friend, India has been following closely the economic situation and other developments in Sri Lanka.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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