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India supplies 400,000 MT fuel to Sri Lanka

by Kalpana Pandey
May 17, 2022
in News, Asia, Cargo News, EXIM & International Trade, Liquid Bulk, Shipping, Tankers
Reading Time: 1 min read
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Oil tanker

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Supporting the island nation in times of crisis, India has supplied over 400,000 Metric Tonnes (MT) of fuel at Colombo Port in Sri Lanka. The High Commission of India recently announced the initiative on Twitter. Earlier this week, India had supplied 65,000 MT of urea to Sri Lanka. The Secretary in the Department of Fertilizers of India held a meeting with the Sri Lankan High Commissioner to India, during which they discussed such matters.

“High Commissioner Milinda Moragoda met with the Secretary to the Department of Fertilizers of India Rajesh Kumar Chaturvedi and thanked him for India’s decision to supply 65,000 MT of urea required for the current Yala cultivation season in Sri Lanka,” said the High Commission of Sri Lanka in a message. Discussions of possible ways to ensure the unhindered supplies of chemical fertilizers from India to Sri Lanka under the existing $1 billion Indian lines of credit and beyond were also mentioned. India has promised to help the debt-ridden island country with $3 billion in loans, credit lines, and credit swaps. India has also shown interest in working with the newly assigned Sri Lankan government.

Tags: Colombo PortFuel exportsSri Lanka crisis
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