| What India has given | What India has taken |
| In July 2020 The Reserve Bank of India (RBI) extended a similar swap facility — of $400 million — to help Sri Lanka cope with the impact of the first wave of the pandemic, and later provided a three-month roll over until February 2021, when the Central Bank of Sri Lanka settled it. https://www.thehindu.com/news/international/india-extends-duration-of-400-million-currency-swap-facility-with-sri-lanka/article65344950.ece | January 2021 Indian External Affairs Minister Dr. S. Jaishankar visited Sri Lanka Comments on Government of Sri Lanka – TNA talks during his last visit in January 2021, he conveyed a strong message to the Sri Lankan leadership that it was in “Sri Lanka’s own interest” that the expectations of the Tamil people are fulfilled. “That applies equally to commitments made by the Sri Lankan government on meaningful devolution, including the 13th Amendment.” From article: The 13th amendment became part of the Sri Lankan constitution as a direct result of the Indian intervention in 1987, under the countries’ accord. It proposed the establishment of a provincial council system and devolution of power for nine provinces in Sri Lanka. However, successive governments in Sri Lanka have not implemented it. India has been urging Sri Lanka to implement and enforce the amendment ever since the country’s war with Tamil separatists ended in 2009.) https://www.thehindu.com/news/international/indian-power-project-replaces-chinese-venture-in-sri-lankas-northern-islands/article65269733.ece |
| 2 | Nov 2021 During the recent visit in November 2021 by the Lankan Finance Minister Basil Rajapaksa to India to seek a financial package, Lanka has sought a $ one billion credit line for essential imports and a $ 500 million credit line for petroleum imports, Governor of Lankan Central Bank Ajith Nivard Cabraal told the Economic Times https://economictimes.indiatimes.com/news/india/sri-lanka-seeks-1-5-billion-indian-credit-line-to-tide-over-crisis/articleshow/88578816.cms | 2 Oct 2022 The Foreign Secretary visited Sri Lanka. India is expected to take stock of every infrastructure project India is running across the island nation & assess reasons for delay. Push oil tank farm project in TrincomaleePush for the West Container Terminal by AdaniExpansion of Colombo Security Conclave on marine security cooperationThe Tamil issue and 13th amendment to Sri Lanka ConstitutionThe Adani group sealed a deal with Sri Lanka to develop and run the strategic Colombo Port’s Western Container Terminal, is also exploring the possibility of investing in the island nation’s energy and wind sector in north eastern district of Mannar.https://theprint.in/diplomacy/fs-shringla-will-ask-sri-lanka-about-slowing-indian-projects-while-chinese-are-moving-fast/744381/https://www.wsws.org/en/articles/2021/10/12/insl-o12.html |
| 3 | 13 Jan 2022 The Indian High Commission has confirmed the extension of USD 900 million financial facility including USD 400 million currency swap to Sri Lanka. https://www.dailymirror.lk/breaking_news/Indian-HC-confirms-extension-of-USD-900-Mn-financial-facility-to-SL/108-229014 18 Jan 2022 India has offered a new Line of Credit (LOC) of USD 500 million to Sri Lanka for purchase of petroleum products. https://www.dailymirror.lk/breaking_news/India-steps-up-critical-support-to-Sri-Lanka-for-fuel/108-229291 | On 6 Jan 2022 the agreements to develop Trinco Oil Tank Farm, terminated 2003 agreement. Sri Lanka CPC took control of tank farm after 35 years. 29 July 1987, government of SL & IN agreed to develop Trincomalee Oil Tank Farm.7 Feb 2003, an agreement was signed to lease all 99 tanks to Lanka IOC for a period of 35 years. Yet, Lanka IOC had only made use of 14 tanks while the rest were decaying with time.In 2017, an agreement was reached to lease all 99 tanks for 99 years through the MOU between Malik Samarawickrema-Sushma Swaraj.India has clinched an agreement which allows the Indian Oil Corporation access to the British-built Trincomalee oil tank farm.India also aims to develop a 100 MW power plant near Trincomalee.https://www.newsfirst.lk/2022/01/06/trinco-oil-tank-farm-agreement-signed-sri-lanka-will-control-85-out-of-99-tanks/https://www.bbc.com/news/world-asia-india-61490635 12 Jan 2022 India has planned to construct a shortest route to Trincomalee from Dhanushkodi after they take over the Trincomalee Oil Tank Farm, putting the sovereignty and safety of the country at stake, the Janatha Vimukthi Peramuna (JVP) said. https://www.dailymirror.lk/latest_news/India-eyeing-to-construct-shortest-route-to-Trincomalee-from-Dhanushkodi-Hadunnetti/342-228925 19 Jan 2022 Sri Lanka’s Tamil MPs seek PM Modi intervention on political solution. https://www.thehindu.com/news/national/sri-lankas-tamil-mps-seek-pm-modi-intervention-on-political-solution/article38288965.ece |
