India-Sri Lanka to focus on petroleum line to boost ties
India and Sri Lanka will conduct feasibility studies on petroleum line and land bridge connectivity between the countries in what could boost sub-regional integration in the Indian Ocean Region, Prime Minister Narendra Modi said on Friday after holding talks with visiting Sri Lankan President Ranil Wickremesinghe. The two sides announced five pacts, including a memorandum of cooperation for economic development projects in Trincomalee district of Sri Lanka and memorandum of understanding on renewable energy.
Wickremesinghe, who is on a two-day visit to India, said the two countries have agreed on a «vision» to enhance their economic partnership. The two leaders unveiled agreements on technology, renewable energy and greater connectivity to widen bilateral relations between India and Sri Lanka.
«My visit to India has provided an opportunity to review our bilateral relationship, leverage the strength of geographical and civilisational links, reinforce trust and confidence for our future prosperity in the modern world,» Wickremesinghe said at a joint press meet. Modi said the two leaders adopted a vision to boost their economic cooperation, including strengthening maritime, air and energy connectivity between their citizens and accelerating mutual cooperation in tourism, trade and higher education.
«Sri Lanka also has an important place in both India's 'Neighbourhood First' policy and 'SAGAR' vision. Today we shared our views on bilateral, regional and international issues.
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