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June 9, 2025 at 03:22 PM
🔆 Recent Developments in India–Sri Lanka Relations
PM Modi’s visit to Sri Lanka led to, reinforcing India’s ‘Neighbourhood First’ policy and the ‘MAHASAGAR’ vision for regional security and growth.
📍 Key Highlights
✅ Civilian Honour: PM Modi was conferred the Sri Lanka Mitra Vibhushana, the country’s highest civilian award, reflecting strong cultural ties.
✅ Defence MoU: A landmark 5-year agreement was signed to boost joint exercises, maritime surveillance, and defence cooperation.
✅ Energy & Infrastructure: Agreement on India–Sri Lanka electricity grid; Tripartite MoU (India–SL–UAE) to develop Trincomalee as an energy hub.
✅ Development Support: India converted over USD 100 million in loans into grants, lowered interest on others; launched key projects like solar and railway upgrades.
✅ Cultural Diplomacy: Relics of Lord Buddha from Gujarat to be sent to Sri Lanka for Vesak Day celebrations in May 2025.
📍 Other Developments
✅ India introduced Unified Payment Interface (UPI) in Sri Lanka and authorized the Indian Rupee as a designated currency in 2023.
✅ Joint exercises: SLINEX (Navy), MITRA SHAKTI (Army)
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