Sri Lankan President eyes Indian aid

 Tuesday, August 29, 2023 

The president of Sri Lanka, Ranil Wickremesinghe, has recently promised to change Trincomalee distric into a hot and happening hub and also highlighted the need of India on this project.

India is Sri Lanka’s primary source market to boost up its already injured foreign exchange earnings and is looking for economic revival as the island hopes to attract fewer tourists from Europe.

While talking about development, the President said about the acceleration of the Eastern Development project and also highlighted the fact that conducive environment will be created to invigorate the cash-crunch economy of this island nation once again.

On Thursday, President Ranil Wickremesinghe, while addressing the participants said that the sector in the next decade would come up as Sri Lanka’s chief foreign exchange earner. Pitching a cooperative local initiation to encourage tourism, he questioned that why don’t they make their whole BIMSTEC area one borderless area for tourism and also emphasized the scope in the region to display the diverse sites and cuisines of the nation.

He also mentioned India’s assistance on this project to get involved in terms of strategic significance, a press release from the office of the President said the same. The collaborative role of India was also highlighted.

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