Talks on FTA & vision for comprehensive economic & maritime security partnership are other talk outcomes. Maldivian President looks to India for tiding over liquidity challenges.
RBI has already finalised an agreement to extend a $400 million currency swap facility to Sri Lanka, but its President Gotabaya has asked for $1.1 billion more.
The agreement was signed during PM Modi’s visit to Japan. Finance minister Arun Jaitley said it reflected the “depth of our deeper economic relationship”.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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