Prime Minister Narendra Modi has embarked on a crucial three-day visit to Sri Lanka, marking his first overseas trip during his third term in office.
The timing of this visit is significant, as it aligns with the recent appointment of Sri Lankan President Anura Kumara Dissanayake. This is the first visit by a foreign leader since President Dissanayake assumed office in 2024.
During his visit, PM Modi has signed seven Memorandums of Understanding (MoUs) with Sri Lanka, covering critical areas such as defence, energy, digital infrastructure, health, and trade. Among these agreements is the first-ever defence deal between India and Sri Lanka, which is expected to enhance joint maritime surveillance, military exercises, and equipment support.
In the sphere of energy cooperation, a landmark joint venture between India’s National Thermal Power Corporation and Sri Lanka’s Ceylon Electricity Board has been established to create a 120-megawatt solar power plant in Trincomalee. This collaboration aims to address Sri Lanka’s growing energy needs and reduce its reliance on fossil fuels.
PM Modi is also emphasizing economic support for Sri Lanka, continuing India’s initiatives to assist the island nation in recovering from its 2022 economic crisis. Measures such as debt restructuring and currency swap arrangements are being discussed to bolster Sri Lanka’s financial stability.
The long-standing Katchatheevu Island dispute, an emotive issue for Tamil Nadu fishermen, remains on the agenda, highlighting India’s commitment to addressing bilateral concerns.
This visit underscores India’s strategic focus on deepening ties with Sri Lanka, particularly as both nations navigate the challenges posed by external geopolitical pressures.
