India, Sri Lanka to study petroleum pipeline and bridge🇮🇳🇱🇰🌉

Truth Hurts

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    Indian Prime Minister Narendra Modi, right, welcomes Sri Lankan President Ranil Wickremesinghe in New Delhi on July 21. © Reuters


    NEW DELHI -- India and Sri Lanka will conduct feasibility studies on laying a petroleum pipeline between them as well as a land bridge, their leaders announced on Friday, as Sri Lankan President Ranil Wickremesinghe visited New Delhi.

    Wickremesinghe, who arrived Thursday evening on a two-day trip, was visiting India for the first time since he assumed office exactly a year ago -- following the resignation of his predecessor Gotabaya Rajapaksa in the wake of massive protests over dire economic conditions.

    "A stable, secure and prosperous Sri Lanka is not only beneficial for India but for the whole of the Indian Ocean region," Indian Prime Minister Narendra Modi said at a joint news conference, assuring his counterpart that Indians stand with the Sri Lankan people. As Sri Lanka sank into an economic crisis that forced it to default on foreign debt last year, India provided around $4 billion worth of emergency assistance.

    Wickremesinghe's government has been working to dig the country out of its financial hole. In March, the island nation secured a nearly $3 billion bailout from the International Monetary Fund. While thanking India for its support, he stressed that he has set Sri Lanka firmly on a path of economic reform and that it "is already witnessing the stabilizing outcomes of these measures," pointing to a "revival of confidence internally and externally in the progress of the country."

    The Sri Lankan president told reporters that he and Modi agreed on a "joint vision" of a future India-Sri Lanka economic

    partnership through enhanced connectivity. Wickremesinghe said that they believe the construction of a "multiproject petroleum pipeline from the southern part of India to Sri Lanka will ensure an affordable and reliable supply of energy resources" for Sri Lanka, which has struggled to import fuel due to a lack of foreign currency reserves.

    Besides the pipeline, Modi said that "a decision has also been taken to assess the feasibility of a land bridge." The details of this remain to be seen. The idea of constructing a 23km bridge across the Palk Strait has been tossed around for years -- Wickremesinghe reportedly floated it during an earlier stint as prime minister in 2002 -- but such a project has yet to get off the ground.

    Regardless of whether the bridge happens, India appears keen to deepen ties with its neighbor, where China has also gained influence through infrastructure projects. The two powers' rivalry has proven awkward for Colombo at times, as seen last year when a controversy erupted over a Chinese surveillance vessel's visit to the Sri Lankan port of Hambantota, which is controlled by China under a 99-year lease.

    "Today, we adopted a vision document for our economic partnership," Modi said, speaking in Hindi. "This is a vision to strengthen maritime, air, energy and people-to-people connectivity; to speed up bilateral cooperation in tourism, power, trade, higher education and skill development; and [to demonstrate] India's long-term commitment toward Sri Lanka."

    The prime minister said they also decided to soon start discussions on an economic and technological cooperation agreement.
    Wickremesinghe, meanwhile, said he conveyed to Modi and the people of India "our profound appreciation for the solidarity and support rendered to Sri Lanka in what was undoubtedly the most challenging period in our modern history."

    Briefing reporters on Wickremesinghe's visit, Indian Foreign Secretary Vinay Kwatra said that the two sides finalized a series of important documents covering crucial areas of economic cooperation, including renewable energy and fintech connectivity to "ease up payment flow mechanisms" within the next few months.

    On the possible land connection, Kwatra said that "the idea was proposed by the Sri Lankan president [and] both leaders agreed to take this forward."

    Referring to Modi's statement on the initial feasibility study for the bridge, Kwatra said advancing the project would "help to bring about economic prosperity to both our societies and also help in regional cohesion."

    Earlier, on Thursday, Arindam Bagchi, spokesperson for India's Ministry of External Affairs, told reporters that Sri Lanka had already made the Indian rupee a designated foreign currency -- a move aimed at easing the settlement of trade transactions.

    "I think utilization of that, of course, depends on our private sector and people who engage in the trade sector," Bagchi said. "We would like to, of course, deepen this kind of financial and economic [connection]."

    https://asia.nikkei.com/Politics/In...-Lanka-to-study-petroleum-pipeline-and-bridge
     

    neyohk

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    අර 2048 රනිල් රට දියුණු කරනවා කිව්වට ඉන්දියාවද දන්නෑ රට අරන් දියුණු කරන්නේ..කමක් නෑ ඵහෙම හරි දියුණු වෙනවනම්..🙃
     
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    fdk

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    අර 2048 රනිල් රට දියුණු කරනවා කිව්වට ඉන්දියාවද දන්නෑ රට අරන් දියුණු කරන්නේ..කමක් නෑ ඵහෙම හරි දියුණු වෙනවනම්..🙃
    mehe ewun karanawata wada(kawadawath kerenne nahane) eka hondai mama hithanne
     

    sakuntha1996

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    වෙළදපොලෙන් තරගකාරීව ගන්න තියෙන කොට, ඇයි BUYING AND SELLING කරන කෙනෙක්ගෙන් ගන්නෙ ?

    ගිවිසුමක් ගහන්න වෙයි හොද නැත්නම් හෙජින් එකටත් වඩා අන්ත වෙනවා.
     
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    Draco Malfoy

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    Malfoy Manor, Wiltshire, England.
    Without the bridge, Sethusamudram will be there. Which kills the Colombo port. If there is a bridge that connects us with India, the Colombo and Hambantota Ports will have more opportunities than they do now.
    1. kills the colombo port because of lack of a bridge? we don't have a bridge now, yet colombo port have a demand it can't even handle.
    2. how this bridge can get more opportunities for colombo & hambanthota ports?
     

    N A K A M U R A

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    Without the bridge, Sethusamudram will be there. Which kills the Colombo port. If there is a bridge that connects us with India, the Colombo and Hambantota Ports will have more opportunities than they do now.
    අනේ මූ වගේ ගොනෙක්..අැයි පාලම් යටින් නැව් යනව මීට කලින් දැකලා නැද්ද?🤣🤣උන්ට පුළුවන් පාලම ගහලම ඒකත් කරන්න.🤣🤣

     

    Asmodeus

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    1. kills the colombo port because of lack of a bridge? we don't have a bridge now, yet colombo port have a demand it can't even handle.
    2. how this bridge can get more opportunities for colombo & hambanthota ports?
    1. Because Sethusamudram is not yet complete.

    2. The South Indians demand Sethusamudram to create more opportunities for their own ports. Since we don't have enough exports to sustain a large Port, we used to reship our neighbors' exports, which is the service the Ports here rely on. Sethusamudram is a canal system that dredges the Palk Strait to move large ships, a detour. If large ships can enter both sides of India without taking a large circle around Sri Lanka, they will use the south Indian ports instead of ours. If one highway can connect South India with our ports, there is no need to use the South Indian ports.

    Sethusamudran will destroy SL slowly.
    Bridge will destroy SL rapidly.
    How a bridge can destroy us rapidly?
    ------ Post added on Jul 22, 2023 at 11:57 AM

    අනේ මූ වගේ ගොනෙක්..අැයි පාලම් යටින් නැව් යනව මීට කලින් දැකලා නැද්ද?🤣🤣උන්ට පුළුවන් පාලම ගහලම ඒකත් කරන්න.🤣🤣

    Kevin Hart Laughing GIF by Kevin Hart's Laugh Out Loud

    ------ Post added on Jul 22, 2023 at 11:58 AM
     

    Draco Malfoy

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    Malfoy Manor, Wiltshire, England.
    1. Because Sethusamudram is not yet complete.

    2. The South Indians demand Sethusamudram to create more opportunities for their own ports. Since we don't have enough exports to sustain a large Port, we used to reship our neighbors' exports, which is the service the Ports here rely on. Sethusamudram is a canal system that dredges the Palk Strait to move large ships, a detour. If large ships can enter both sides of India without taking a large circle around Sri Lanka, they will use the south Indian ports instead of ours. If one highway can connect South India with our ports, there is no need to use the South Indian ports.

    1. doesn't Sethusamudram development damage sri lankan shallow sea and fisheries industry? & I think these regions are the ones very popular amoung tourists for whale & dolphin sightings.

    2. why would they send their goods with a miles and miles of journey and go through another countrie's authorities, customs & legal frameworks (also increase the cost & time) which finally make their own ports redundant or obsolete like you said?

    btw: making a bridge only for transport of goods is maybe ok, as long as that doesn't allow people to travel between countries.
    Making a bridge which allows indians to come here even for a visit (ones not even wealthy enough to book a flight) will be the worst decision ever made in SL history.
     

    sakuntha1996

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    1. doesn't Sethusamudram development damage sri lankan shallow sea and fisheries industry? & I think these regions are the ones very popular amoung tourists for whale & dolphin sightings.

    2. why would they send their goods with a miles and miles of journey and go through another countrie's authorities, customs & legal frameworks (also increase the cost & time) which finally make their own ports redundant or obsolete like you said?

    btw: making a bridge only for transport of goods is maybe ok, as long as that doesn't allow people to travel between countries.
    Making a bridge which allows indians to come here even for a visit (ones not even wealthy enough to book a flight) will be the worst decision ever made in SL history.
    I think the connectivity will be more beneficial rather than the isolation. But need to have strong regulations that must be benefits to the both countries .

    Hope at least no more bombing . 😉
     
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    N A K A M U R A

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    日本
    1. Because Sethusamudram is not yet complete.

    2. The South Indians demand Sethusamudram to create more opportunities for their own ports. Since we don't have enough exports to sustain a large Port, we used to reship our neighbors' exports, which is the service the Ports here rely on. Sethusamudram is a canal system that dredges the Palk Strait to move large ships, a detour. If large ships can enter both sides of India without taking a large circle around Sri Lanka, they will use the south Indian ports instead of ours. If one highway can connect South India with our ports, there is no need to use the South Indian ports.


    How a bridge can destroy us rapidly?
    ------ Post added on Jul 22, 2023 at 11:57 AM


    Kevin Hart Laughing GIF by Kevin Hart's Laugh Out Loud's Laugh Out Loud

    ------ Post added on Jul 22, 2023 at 11:58 AM

    ඕක පෙන්නුවහම ඔක්කොම හරිද කලවම් UNP ඩස්පයෝ?🤣

     

    Asmodeus

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    Are they gurrant that indians will not cross the border. In the Dansel period in Anuradhapura sacred area , definitely thousands of poor indians may cross the border.
    What about border control? We are still two countries; you need to obtain an on-arrival visa. you can't get a Visa without a good reason.
    1. doesn't Sethusamudram development damage sri lankan shallow sea and fisheries industry? & I think these regions are the ones very popular amoung tourists for whale & dolphin sightings.

    2. why would they send their goods with a miles and miles of journey and go through another countrie's authorities, customs & legal frameworks (also increase the cost & time) which finally make their own ports redundant or obsolete like you said?

    btw: making a bridge only for transport of goods is maybe ok, as long as that doesn't allow people to travel between countries.
    Making a bridge which allows indians to come here even for a visit (ones not even wealthy enough to book a flight) will be the worst decision ever made in SL history.
    Wow, bro, the first thing is that no country survives alone. The world's third-largest economy, world's largest population (Market) out there, just above 40 miles away. Still, we are clinging to old grudges and missing great opportunities. Do you know that when Indians asked their foreign minister why they would give loans worth 3 Billion dolors to a bankrupted country and have no guarantee that money will be repaid, that minister said blood is thicker than the water. The only country that helps us is India. It extends the repayment period to 12 years. and that almost all the country survives because they supported us; if not, we are still in a blood bath that is on par with that that the Haitians witnesses today.

    And transporting goods via trains is much faster than that of small freight ships; if trains can ship all the containers via that proposed bridge, that creates cheaper and faster transport. Do you know that last month Sri Lanka proposed a business venture in which we will provide port services to Bangladesh, another massive neighbor with the world's 8th largest population and a very steady economy? and seeks speedy and cheap transportation via Colombo Port.
     
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