India begins debt restructuring talks with Sri Lanka
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On 16 September India and Sri Lanka held the first round of talks regarding restructuring Sri Lanka’s bilateral official debt to India.
According to Reuters India’s support to Sri Lanka, this year has included a “$400 million currency swap, a $1 billion credit line for essential goods and a $500 million line for fuel.” Additionally “India has also deferred payment on Sri Lankan imports of about $1.2 billion and given a credit line of $55 million for fertilizer imports.”

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