Key Points
New Delhi: Finance minister Nirmala Sitharaman on Thursday said India and Sri Lanka have made good progress in negotiations on the proposed Economic and Technology Cooperation Agreement, and the Unified Payments Interface (UPI) payment system will soon be launched in the island nation...
Speaking at an event to commemorate the 200th anniversary of the arrival of Indian-origin Tamils in Sri Lanka, Sitharaman said both nations are further "deepening our civilisation ties" with connectivity as the new focus area..
"As we enhance connectivity between our two countries, we build enduring bridges of experiences and opportunities for our peoples..
"We were the first bilateral creditor to convey financing assurance to the IMF, which paved the way for others to provide similar assurances that formalised the IMF programme for Sri Lanka," she said.. (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)..
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