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India Bolsters Economic Ties With Sri Lanka Amid Its Financial Crisis

  • Sri Lanka and India signed agreements to study potential connectivity projects like a petroleum pipeline and land bridge.
  • India provided billions in financial assistance to Sri Lanka to help with essential imports during its economic crisis.
  • Sri Lankan President Ranil Wickremesinghe visited India and agreed to enhance economic cooperation between the countries.
  • The two countries signed pacts on renewable energy, technology, and trade to strengthen their relationship.
  • India expressed support for power sharing with Sri Lanka's Tamil minority as part of bilateral relations.
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