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Why Jaishankar sees India overcoming challenges in Sri Lanka and Bangladesh

Business Standard LogoBusiness Standard2d ago

Why Jaishankar sees India overcoming challenges in Sri Lanka and Bangladesh - Business Standard

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These remarks were made in light of recent changes in the governments of Sri Lanka and Bangladesh -- Anura Kumara Dissanayake being sworn in as Sri Lanka's new President and Sheikh Hasina's removal from power in Bangladesh before that.

We did it in a timely manner.We did it on a scale.We provided $4.5 billion, which effectively stabilised the Sri Lankan economy." Jaishankar added that this assistance was not tied to any political conditionality."We were doing it as a good neighbour who did not want to see that kind of economic meltdown at our doorstep.

Highlighting that India "stepped forward" when Colombo was facing a "very deep economic crisis", and when "nobody else came forward", Jaishankar said, "And I'm very glad we did it.


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Category: BusinessFinance

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News Sentiment: Negative

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Article Type: News Report

Published On: 2024-09-25 @ 14:12:22 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1163 words

Reading Time: 7 minutes read

Sentences: 48 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22704453

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