India open to additional $2 billion aid for Sri Lanka with eye on China: Sources
kathmandupost.com · Wed Apr 13 12:16:20 GMT 2022
India has so far committed $1.9 billion to Sri Lanka in loans, credit lines and currency swaps. Sri Lanka has also sought another $500 million credit line for fuel.
India is willing to commit up to another $2 billion in financial assistance to Sri Lanka while also supporting the island nation with food and fuel, five sources told Reuters, as New Delhi tries to regain ground lost to China in recent years.
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