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India wants to be close allies with Sri Lanka

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Deputy High Commissioner of Sri Lanka for Southern India Dr. D. Venkateshwaran, paid a courtesy call on Governor of Tamil Nadu  R. N. Ravi, at the Raj Bhavan and discussed building up goodwill and increased connectivity between Sri Lanka and Tamil Nadu on 16th of  November.

The statement said matters related to enhancement of bilateral cooperation and developments were discussed. Further, the discussion was focused on building up goodwill and increased connectivity between Sri Lanka and Tamil Nadu.

Meantime, Sri Lanka is set to obtain a debt of half a billion dollars from India for the Ceylon Petroleum Corporation (CPC). The CPC has suspended the import of crude oil due to a severe financial meltdown and the Sapugaskanda Crude Oil Refinery had to be shut at a pinnacle of this problem.

The CPC, which at present is struggling to raise funds for fuel imports, had obtained a debt from India on a previous occasion as well.

Sri Lanka needs US$350 million a month to meets its fuel needs and the debt expected from India will be sufficient to meet the fuel requirement for a period of one and a half months only.

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