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5. India-Sri Lanka

 

5.1. The BackgroundMap 2.7: Sri Lanka♤ Civil War in Sri Lanka ended through military operation in 2009.♤ Signed in 1999, the India-Sri Lanka FTA entered into force in 20005.3 Ethnic Issue5.3.1. Fishermen Issue♤ Both India and Sri Lankan fishermen have been known for entering into each other’s♤ On the other hand Sri Lankan Fishermen too have been concerned about increasing trawling activities from Indian boats in the region.5.4. Economic Cooperation and Trade♤ Sri Lanka is one of the largest trading partners of India in South Asia.♤ India is among the top four investors in Sri Lanka with cumulative investments of over US$ 1 billion since 2003.o construction of 50,000 housing units,♤ Sri Lanka is one of the major recipients of development credit given by the Government of India, with total commitment of US$2.6 billion, including US$ 436 million as grants.5.5. The China Factor♤ Sri Lanka is also a keen supporter of the Belt and Road Initiative (BRI)of China.♤ India is also interested in developing container facilities at the Colombo Port and developing the Trincomalee harbour

  

 

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