India and Sri Lanka sign MoU on economic co-operation

Posted on:26 Apr 2017 17:03:36
India and Sri Lanka sign MoU on economic co-operation
26 April 2017 Current Affairs:

  •  India's PM Narendra Modi and Sri Lankan PM Ranil Wickremesinghe signed MoU (Memorandum of Understanding) on economic co-operation.

  •  Main Aim behind MoU - Develope energy and infrastructure projects in Trincomalee.

  • Proposals of MoU:-

  • To promote Indian investment in development of port and oil tank farms in Trincomalee

  • To set up a LNG power plant, piped gas supply in Sri Lankan capital Colombo.

  • To undertake highway and railway projects in north and east of Sri Lanka.


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