India offers USD 500 Mn Credit Line to Sri Lanka to purchase petroleum products

COLOMBO (News 1st); India has offered a Credit Line of USD 500 Million to Sri Lanka to purchase petroleum products.

The Indian High Commission in Sri Lanka said this decision to support Sri Lanka follows a discussion between Indian External Affairs Minister Dr. S. Jaishankar and Finance Minister Basil Rajapaksa.

A friend holds out a helping hand again!!!Energizing bilateral economic partnership,#India offers a credit line of USD 500 mn to ?? for purchase of petroleum products.Critical support by ?? follows a discussion between EAM @DrSJaishankar &Hon'ble Fin Minister @RealBRajapaksa 1/2 pic.twitter.com/5YrHee1VuI

— India in Sri Lanka (@IndiainSL) January 18, 2022