India, Sri Lanka look at infrastructure partnerships | Daily News

India, Sri Lanka look at infrastructure partnerships

 

Foreign Secretary S. Jaishankar called on Sri Lankan President Maithripala Sirisena last morning and discussed potential India-Sri Lanka partnerships, in areas such as transport, energy and infrastructure.

A team from the Confederation of Indian Industry (CII) also accompanied him, official sources in Colombo said.

Today the visiting Indian delegation is to hold sector-wise meetings with their Sri Lankan counterparts.

On the agenda, official sources said, are discussions on likely partnerships in the power sector — using Liquefied Natural Gas (LNG) — developing the Trincomalee Oil Farm and expansion of the airports in Palally in Jaffna Peninsula and Colombo, among other projects.

Following Sri Lanka’s decision this September to scrap an NTPC-aided power project in the strategically-important Trincomalee, India has offered to partner the country in LNG and solar power initiatives.

The Foreign Secretary’s visit comes a week after President Sirisena met Prime Minister Narendra Modi in Goa, on the sidelines of the BRICS Summit, where India offered to build a solar power plant in Trincomalee.

India and Sri Lanka are also negotiating a trade deal, the Economic and Technological Cooperation Agreement (ETCA)) which, Sri Lankan Prime Minister Ranil Wickremesinghe recently said, would be signed by end of December.

However, Indian government sources have maintained that mid-2017 was a more realistic deadline.

Foreign Secretary Jaishankar will call on Sri Lankan Premier Wickremesinghe today, said official sources.

 


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