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8468022022 DELHI | JAIPUR | PUNE | HYDERABAD | AHMEDABAD | LUCKNOW | CHANDIGARH
of individuals, vehicles and goods under an • Joint India-Japan agreement to develop the East
integrated complex. Container Terminal at Colombo harbour, and
• It has integrated 3 main border related offer to operate the Mattala Airport in Sri Lanka.
functions - customs, immigration and border • Building infrastructure in the Northern and
Eastern Provinces, including upgrading the
security.
Jaffna-Colombo rail track, providing electricity
• Operational ICPs: transmission lines for power imports from India,
o Attari in Punjab (Pakistan border), and rebuilding the Kankesanthurai port.
o Petrapole in West Bengal (Bangladesh • India is Sri Lanka’s largest trading partner
border), globally, while Sri Lanka is India’s second
o Akhaura in Tripura (Bangladesh), largest trading partner in the SAARC.
o Raxaul in Bihar (Nepal), • Indo-Sri Lanka Free Trade Agreement was
o Jogbani in Bihar (Nepal), signed in March 2000.
o Moreh in Manipur (Myanmar).
• Further, “in principle” approval has been 1.5. INDIA-MALDIVES
granted for the setting up Integrated Check
Posts (ICPs) at 10 other locations. Why in news?
India and Maldives recently signed five MoUs for
1.3.4. NEPAL CHINA INK ROAD establishing the Addu Tourism zone in five islands
CONNECTIVITY DEAL of Addu atoll.
Why in news? More on news
China and Nepal signed agreements for all-weather • A 6th MoU was also signed to set up a bottled
road connectivity between Kathmandu and the water plant in Hoarafushi (an inhabited island
Tibet Autonomous Region. of the northern-most atoll, Haa Alif Atoll
More on the news in Maldives).
• All six projects are grant projects fall under
• This is part of Trans-Himalayan
Multidimensional Connectivity Network India’s High Impact Community Development
(THMCN) umbrella first announced in 2018. Scheme (HICDP).
o HICDP constitute an important dimension
• THMCN is an economic corridor between
of development partnership between
Nepal and China and part of China's Belt and
India and Maldives and projects under it
Road Initiative.
are driven by needs of communities on the
1.4. INDIA-SRI LANKA islands.
• Addu atoll is also known as Seenu Atoll, and is
Why in news? the southernmost atoll of the Maldives.
Recently, Sri Lanka’s PM Mahinda Rajapaksa visited o An atoll is a ring-shaped coral reef that
India. surrounds a body of water called a lagoon.
Major outcomes of the visit • There are small lakes, wetlands, and
marshy taro fields (a tropical plant grown
• Expressed Sri Lanka’s willingness to see primarily for its edible corms i.e. a root
cooperation and progress in SAARC. vegetable) that are unique to Addu Atoll.
• He asked India to defer debt repayments for • This atoll has some of the earliest known
3 years so that other countries can follow settlements recorded in the country.
suit. Sri Lanka owes approximately $60 billion
total foreign and domestic debt. India’s development partnership assistance
• Requested further financing from India for its programmes
nationwide housing project. • India-UN Development Partnership Fund
(UNDPF)
• India and Sri Lanka agreed to hold a meeting o It is a dedicated facility within the United
with the Maldives leadership to re- Nations Fund for South-South Cooperation
operationalize India-Sri Lanka-Maldives NSA established in 2017.
level dialogue and trilateral maritime security o It supports Southern-owned and led,
cooperation amid growing Chinese interests. demand-driven, and transformational
sustainable development projects across
Recent developments in India Sri Lanka relations
the developing world, with a focus on least
• India signed MoUs to develop Trincomalee port developed countries and small island
and oil tank farms, and LNG terminals in developing states.
Kerawalapitiya near Colombo.
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