Sri Lankan envoy Milinda Moragoda recently met with India’s finance minister Nirmala Sitharaman ahead of the G20 finance ministers and central bank governors meeting, which is set to take place later this year. The meeting was held to discuss both nations’ economic and financial matters of mutual interest.
During the meeting, Moragoda expressed his appreciation for India’s support to Sri Lanka in the areas of economic and trade relations. He also highlighted the importance of strengthening the bilateral relationship between the two nations.
Also Read: Sri Lanka: Odious Debt Theory could be the Saviour
Sitharaman, in turn, emphasized the need for increased cooperation and collaboration between India and Sri Lanka in order to address issues related to economic growth, trade, and investment. She further added that the upcoming G20 meeting would provide a valuable opportunity for the two countries to work together towards achieving these goals.
The meeting between Moragoda and Sitharaman also touched upon the ongoing COVID-19 pandemic and its impact on the global economy. They discussed ways in which India and Sri Lanka could collaborate to mitigate the economic fallout of the pandemic and promote post-pandemic recovery.
Overall, the meeting was seen as a positive step towards furthering the economic and financial ties between India and Sri Lanka, and both parties expressed a commitment to continue working towards strengthening their partnership in the future.
