India, on the other hand, has extended nearly $2 billion in credit to Sri Lanka, and may further extend a line of $1.5 billion more to help the island nation import badly needed goods.

Sri Lanka and India will sign a pact to link their power grids and start negotiations on an upgraded trade agreement within two months, a Sri Lankan diplomat said on Wednesday, as the island ...

But Sri Lanka’s economic collapse in 2022 changed the country's priorities and provided an opportunity for India, as New Delhi stepped in with massive financial and material assistance.