In Colombo [Sri Lanka], Sri Lankan President Ranil Wickremesinghe said they are actively collaborating with India in various sectors, focusing on solar and wind energy and the procurement of green hydrogen, the Daily Mirror reported.
He said Sri Lanka is also exploring the establishment of a development bank, which will facilitate the necessary financing to help improve the competitive capabilities of the industries.
Wickremesinghe, during the opening of the International Industry Exhibition 2024 on Wednesday, said plans are afoot to introduce a new entity called Enterprise Sri Lanka, to support small and medium entrepreneurs.
The Sri Lankan president highlighted that he has already discussed these initiatives with Prime Minister Narendra Modi.
"At the same time, we are actively engaging with India on these efforts. I have already discussed this with Prime Minister Narendra Modi and anticipate further discussions with India's Foreign Minister tomorrow," he said.
"Cooperation with India will focus on solar and wind energy, as well as the procurement of green hydrogen. Sri Lanka intends to take advantage of these advantages, potentially even in the North Sea," said the Sri Lankan president.
He added that the Adani company had started its presence in Sri Lanka.
"As a first step, Adani Company has started its presence in Sri Lanka. Adopting this new direction is imperative," he said.
Also, EAM Jaishankar will embark on an official visit to Sri Lanka on June 20, the Ministry of External Affairs said on Wednesday.
During his visit, the Foreign Minister will meet Sri Lankan leaders on various issues of partnership between the two countries.
"This will be the first bilateral visit of EAM after the formation of a new Government under Prime Minister Narendra Modi," the MEA said in an official statement.
Jaishankar's visit marks India's continued commitment to Sri Lanka, its closest maritime neighbour.
"Reaffirming India's neighborhood first policy, the visit underlines India's continued commitment to Sri Lanka as its closest maritime neighbor and time-tested friend. The visit will add momentum to connectivity projects and other mutually beneficial cooperation between sectors," said the Ministry of Foreign Affairs.
He said Sri Lanka is also exploring the establishment of a development bank, which will facilitate the necessary financing to help improve the competitive capabilities of the industries.
Wickremesinghe, during the opening of the International Industry Exhibition 2024 on Wednesday, said plans are afoot to introduce a new entity called Enterprise Sri Lanka, to support small and medium entrepreneurs.
The Sri Lankan president highlighted that he has already discussed these initiatives with Prime Minister Narendra Modi.
"At the same time, we are actively engaging with India on these efforts. I have already discussed this with Prime Minister Narendra Modi and anticipate further discussions with India's Foreign Minister tomorrow," he said.
"Cooperation with India will focus on solar and wind energy, as well as the procurement of green hydrogen. Sri Lanka intends to take advantage of these advantages, potentially even in the North Sea," said the Sri Lankan president.
He added that the Adani company had started its presence in Sri Lanka.
"As a first step, Adani Company has started its presence in Sri Lanka. Adopting this new direction is imperative," he said.
Also, EAM Jaishankar will embark on an official visit to Sri Lanka on June 20, the Ministry of External Affairs said on Wednesday.
During his visit, the Foreign Minister will meet Sri Lankan leaders on various issues of partnership between the two countries.
"This will be the first bilateral visit of EAM after the formation of a new Government under Prime Minister Narendra Modi," the MEA said in an official statement.
Jaishankar's visit marks India's continued commitment to Sri Lanka, its closest maritime neighbour.
"Reaffirming India's neighborhood first policy, the visit underlines India's continued commitment to Sri Lanka as its closest maritime neighbor and time-tested friend. The visit will add momentum to connectivity projects and other mutually beneficial cooperation between sectors," said the Ministry of Foreign Affairs.
