{"id":15478,"date":"2025-04-10T12:19:52","date_gmt":"2025-04-10T12:19:52","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=15478"},"modified":"2025-04-10T12:20:12","modified_gmt":"2025-04-10T12:20:12","slug":"india-sri-lanka-ties","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/india-sri-lanka-ties\/","title":{"rendered":"India-Sri Lanka Ties"},"content":{"rendered":"<ul>\n<li><strong>High-Level Visit:<\/strong> PM Modi&#8217;s visit to Sri Lanka underscores India&#8217;s commitment to its &#8216;Neighbourhood First Policy&#8217; and &#8216;MAHASAGAR&#8217; vision, reinforcing the island nation&#8217;s important role. It was his fourth trip since 2015.<\/li>\n<li><strong>Highest Civilian Honor:<\/strong> PM Modi awarded \u2018Sri Lanka Mitra Vibhushana,\u2019 Sri Lanka\u2019s highest civilian honor, symbolizing prosperity and shared heritage.<\/li>\n<li><strong>Defence Pact:<\/strong> India and Sri Lanka signed a 5-year Defence MoU for joint exercises, maritime surveillance, and defense industry collaboration, with Sri Lanka vowing to not allow its territory to be used against Indian interests.<\/li>\n<li><strong>Energy Cooperation:<\/strong> Agreement on India-Sri Lanka grid interconnection for electricity trade. Tripartite MoU (India, Sri Lanka, UAE) to develop Trincomalee as an energy hub.<\/li>\n<li><strong>Financial Aid:<\/strong> India converted over USD 100 million in loans to grants and reduced interest rates on other loans for Sri Lanka&#8217;s debt restructuring. India has provided nearly USD 4 billion in aid during Sri Lanka\u2019s 2022 crisis.<\/li>\n<li><strong>Development Projects:<\/strong> Launch of refurbished Maho-Omanthai railway line and Sampur Solar Power Project, supported by Indian assistance. Also a solar rooftop project for religious sites.<\/li>\n<li><strong>Cultural Exchange:<\/strong> Relics of Lord Buddha found in Gujarat to be sent to Sri Lanka for exposition. Discussed possibility of exhibiting these sacred relics in Sri Lanka<\/li>\n<li><strong>Connectivity Boost:<\/strong> Upgraded northern railway line between Maho and Omanthai jointly inaugurated. India supported Sri Lanka during the Covid-19 pandemic with vaccines and medical supplies.<\/li>\n<li><strong>Trade Relations:<\/strong> India is a top trade partner. The 1998 FTA boosted trade. India a key FDI contributor, with cumulative investments of USD 2.25 billion till 2023.<\/li>\n<li><strong>Fishermen Issue:<\/strong> Sri Lanka released 11 Indian fishermen after PM Modi\u2019s \u2018humane approach\u2019 pitch<\/li>\n<li><strong>Challenges:<\/strong> Chinese presence in Sri Lanka and the Katchatheevu Island dispute continue to pose challenges.<\/li>\n<li><strong>Future Roadmap:<\/strong> Focus on technology investment, renewable energy projects, and ETCA implementation to enhance relations.<\/li>\n<li><strong>Buddhist Administrative control:<\/strong>Chief monk presented a memorandum requesting Buddhist administrative control over Bodh Gaya temple. \u201cPM Modi assured that he would take necessary steps\u201d, the release stated.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>High-Level Visit: PM Modi&#8217;s visit to Sri Lanka underscores India&#8217;s commitment to its &#8216;Neighbourhood First Policy&#8217; and &#8216;MAHASAGAR&#8217; vision, reinforcing the island nation&#8217;s important role. It was his fourth trip since 2015. Highest Civilian Honor: PM Modi awarded \u2018Sri Lanka Mitra Vibhushana,\u2019 Sri Lanka\u2019s highest civilian honor, symbolizing prosperity and shared heritage. Defence Pact: India &#8230; <a title=\"India-Sri Lanka Ties\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/india-sri-lanka-ties\/\" aria-label=\"Read more about India-Sri Lanka Ties\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":15483,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[1271],"class_list":["post-15478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-09-04-25"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India-Sri Lanka Ties - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/india-sri-lanka-ties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India-Sri Lanka Ties\" \/>\n<meta property=\"og:description\" content=\"High-Level Visit: PM Modi&#8217;s visit to Sri Lanka underscores India&#8217;s commitment to its &#8216;Neighbourhood First Policy&#8217; and &#8216;MAHASAGAR&#8217; vision, reinforcing the island nation&#8217;s important role. It was his fourth trip since 2015. Highest Civilian Honor: PM Modi awarded \u2018Sri Lanka Mitra Vibhushana,\u2019 Sri Lanka\u2019s highest civilian honor, symbolizing prosperity and shared heritage. Defence Pact: India ... 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It was his fourth trip since 2015. Highest Civilian Honor: PM Modi awarded \u2018Sri Lanka Mitra Vibhushana,\u2019 Sri Lanka\u2019s highest civilian honor, symbolizing prosperity and shared heritage. Defence Pact: India ... 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