Indian Foreign Secretary Vikram Misri met with President Anura Kumara Dissanayake to formalize a rupee-denominated credit line valued at $350 million, part of a broader reconstruction assistance package following Cyclone Ditwah.
Indian Foreign Secretary Shri Vikram Misri held discussions with President Anura Kumara Dissanayake in Colombo, focusing on strengthening bilateral relations between the two neighboring nations. The high-level engagement reviewed ongoing development initiatives and projects being undertaken with Indian support in Sri Lanka.
A key outcome of the meeting was the finalization of agreements for Indian Rupee-denominated Lines of Credit equivalent to $350 million. This credit facility forms part of a broader $450 million reconstruction assistance package that India has committed to providing in response to the damage caused by Cyclone Ditwah.
According to reports, the newly formalized agreements are intended to support multiple reconstruction priorities, including infrastructure development projects, repair efforts, and urgent procurement needs arising from the cyclone's impact. The discussions also encompassed wider areas of cooperation between the two countries, including economic development and infrastructure expansion initiatives.
