3 Jul 2022

Lanka Issues 5 Year Visas To Indian Business Leaders To Encourage Investment

Sri Lankan Prime Minister Dhammika Perera has granted Indian business leaders five-year visas to an island nation to encourage investment in the country.
Speaking on Twitter, the Indian High Commission in Sri Lanka said, "Honorable Minister @_dhammikaperera is giving 5-year visas to Indian business leaders in #SirLanka !! This is an acceptable step to easily develop business and encourage investment in Sri Lanka."

Earlier on Wednesday, the Indian High Commissioner at Colombo Gopal Baglay met with the Sri Lankan Trade Minister and discussed various aspects of trade.

"The High Commissioner met with the Minister of Trade, Hon. Nalin Fernando today. They discussed various aspects of bilateral trade, such as rising trade prices, building platforms to facilitate trade relations between India and Sri Lanka," India's ambassador to Sri Lanka tweeted.

India has sent billions of US dollars to rescue the struggling Sri Lankan government, accompanied by humanitarian ships, cooking gas, bulk of petrol and medicine.

On June 3, Mr Baglay donated a total of 3.3 tons of essential medical supplies to the 1990 Suwaseriya Ambulance Service.

Mr Baglay said Foreign Minister S Jaishankar was informed of the lack of basic medical equipment during a visit to the Swiss headquarters in Colombo in March.

India's aid to Sri Lanka includes $ 3 billion in aid, 40,000 tons of diesel fuel, rice shipping, milk powder, and R2 Billion in medical supplies. In addition, 40,000 tons of fuel and 4,00,000 tons of cooking gas also came from India.

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