Chief of Naval Staff (CNS) Admiral R Hari Kumar today held a meeting with Sri Lankan President Ranil Wickremesinghe. During the meeting, Admiral R Hari Kumar apprised Ranil Wickremesinghe of the progress of ongoing bilateral maritime engagements between India and Sri Lanka navies.
Debt restructuring is one of the prerequisites of the IMF's bailout package for Sri Lanka. The process is, however, getting delayed due to Sri Lanka's dire situation and a delay in concrete commitment from China, the island nation's largest bilateral lender. Sri Lanka seems to be missing its December deadline.
In an earlier release, the Indian High Commission in Sri Lanka said the visit of CNS symbolises strong relations and close cooperation between the two countries, with Sri Lanka being accorded the status of 'Priority One' partner by India.