COLOMBO, Mar 14 (NNN-XINHUA) – Sri Lankan Finance Minister, Basil Rajapaksa, will visit India this week, to seek financial assistance, state media reported here today.
State-owned newspaper, Daily News, reported that the finance minister had scheduled the meeting during a telephone conversation, with Indian External Affairs Minister, S. Jaishankar.
Rajapaksa had planned to visit India early this year, but the visit was postponed twice.
Sri Lanka sought a one-billion-U.S. dollar credit line from India, to purchase essential items, including food and medicine, the Daily News reported.
During Rajapaksa’s visit, the two ministers will discuss the above proposal and review the previously agreed 500-million U.S. dollar credit line, to import fuel from India.
Prior to the finance minister’s visit to India, a joint venture was signed on Friday, to establish a 100 MW solar power plant in north-eastern Sri Lanka.– NNN-XINHUA
