India Provides US$ 12.5 Billion Loan to Sri Lanka

[gogbot]

When did our pockets get so deep,

Gratz to SL for Bagging this deal.

Clearly they showed my government they were worth the investment

 

[Prometheus]

Indian Projects in Sri Lanka

Modernization of Palali Airport
Modernization of Kankesanthurai Port
Renovation of Kankesanthurai Cement Factory
Construction of One of the Biggest Power Plants
Renovation of Railway Lines
Renovation of Roads
Construction of New Railway Stations
Modernization of Hospitals

something wrong dude????

 

[garibnawaz]

When did our pockets get so deep,

Gratz to SL for Bagging this deal.

Clearly they showed my government they were worth the investment

What deal?

Its pure business.

Its loan not aid.

All the projects mentioned otherwise are pure business.

GB

 

[Justin Joseph]

Peaceful nature?

There wouldn't have been any LTTE or any PLOTE if the Sri Lankans and especially Sinhala's were so peaceful.

Couple of years back a buddhist monk blew himslef next to a Bollywood concert.

Buddhist Channel | Buddhism News, Headlines | Sri Lanka | Lankan monks regret bomb attack at concert

Indira Gandhi supported LTTE to keep a check on Lanka the policy which Rajiv Gandhi reversed and paid the price for.

Lanka needs another check before we have one more hostile neighbor. (e.g Bangladesh)

GB

There is no doubt that our foreign policy is confused, the reason is Pro US MMS, US always supported anti India forces, there is no foreign minister (sm krishna's knowledge is limited to state politics, that to he messed up), Tharoor was the "Twitter minister."

So, still we have not decided what to do where to head. We are moving directionless and easily get diverted by even small changes/forces.

 

[garibnawaz]

There is no doubt that our foreign policy is confused, the reason is Pro US MMS, US always supported anti India forces, there is no foreign minister (sm krishna's knowledge is limited to state politics, that to he messed up), Tharoor was the "Twitter minister."

So, still we have not decided what to do where to head. We are moving directionless and easily get diverted by even small changes/forces.

As far as foriegn policy is concerned it was under Indira which was best.

Until she was in power Pakistan,Nepal,Bangladesh,Lanka all used to behave.

She was the best thing happened to India as far as foriegn policy is concerned.

She had her own bunch of sins (Bhindranwale and Company) which finally resulted in her assasination.

People had great expectations from Tharoor who proved to be nothing but a liability to his own party and country.

GB

 

[ek_indian]

There is no doubt that our foreign policy is confused, the reason is Pro US MMS, US always supported anti India forces, there is no foreign minister (sm krishna's knowledge is limited to state politics, that to he messed up), Tharoor was the "Twitter minister."

So, still we have not decided what to do where to head. We are moving directionless and easily get diverted by even small changes/forces.

It thing the highlighted word should be "was".
India has realised its mistakes and it is course-correcting now.

Also the figure seems exaggarated. It must be 12.5 billion INR which is close to 300 million $. This figure seems realistic.

 

[garibnawaz]

It thing the highlighted word should be "was".
India has realised its mistakes and it is course-correcting now.

Please explain how?

Reference - Shame at Sharm El Shaikh, Afghan Attacks, Chinese/Pakistani presence in Lanka, Nepal showing attitude to India.

 

[Justin Joseph]

When did our pockets get so deep,

Gratz to SL for Bagging this deal.

Clearly they showed my government they were worth the investment

do u know sri lanka is developing at the cost of India, our govt. has ignored the infrastructure so much in the past. That all the import/export to India goes to Dubai for western coast and Singapore for Eastern coast.

Do u know why because we don't have port that can support mother ships.

From there (Dubai/Singapore) the goods comes to India via small ships.

Same is with Sri Lanka they are earning due to lack of good ports in India.

As, sea route is responsible for our 90% of export/import Just Imagine when International Container Transshipment Terminal, Kochi will be ready, how much business loss for Dubai, Singapore and Sri Lanka.

International Container Transshipment Terminal, Kochi - Wikipedia, the free encyclopedia


International Container Transshipment Terminal, Kochi
The new terminal will make Cochin a key centre in the shipping world reducing India’s dependence on foreign ports to handle transshipment.

 

[ek_indian]

Please explain how?

Reference - Shame at Sharm El Shaikh, Afghan Attacks, Chinese/Pakistani presence in Lanka, Nepal showing attitude to India.

You are right. But recently India has blatantly supported Iran, much to the discomfort to USA. It is also improving ties with Russia and China as well. Something seems to be cooking up. Relation with BD and SL are also getting better. As Nepal is concerned, it is is not that worse.

IMO, Headley case was the turning point. It gave indication that USofA knew more than it petended to know.

 

[Justin Joseph]

You are right. But recently India has blatantly supported Iran, much to the discomfort to USA. It is also improving ties with Russia and China as well. Something seems to be cooking up. Relation with BD and SL are also getting better. As Nepal is concerned, it is is not that worse.

IMO, Headley case was the turning point. It gave indication that USofA knew more than it petended to know.

We should cement out friendship with Russia, France, Brazil etc. because they don't fall to US pressures.

The US always supported anti India elements and continue to do so, also US is depended on china and will not do any good to India. It is also true with their allies like South Korea, Canada and Australia etc.

With US we should have business relations as they only understand the language of money we should hard bargain with them.

For better relations with US we should wait for the Obama to get out of white house.

 

[ek_indian]

We should cement out friendship with Russia, France, Brazil etc. because they don't fall to US pressures.

The US always supported anti India elements and continue to do so, also US is depended on china and will not do any good to India. It is also true with their allies like South Korea, Canada and Australia etc.

With US we should have business relations as they only understand the language of money we should hard bargain with them.

For better relations with US we should wait for the Obama to get out of white house.

I agree with most part. That's why I said India is rectifying its mistake.

 

[gogbot]

What deal?

Its pure business.

Its loan not aid.

All the projects mentioned otherwise are pure business.

GB

Oh i am sure that

My use of the words "bagging this dead" and " worth the investment"

May not have seemed like business talk to you but,
well they were.

It's a loan that we are investing in Sri Lanka , and i was offering by congratulations for demonstrating to our government that they are a good investment.

Now if that did not like business to you , i guess you don't know what your talking about.

GB

do u know sri lanka is developing at the cost of India, our govt. has ignored the infrastructure so much in the past. That all the import/export to India goes to Dubai for western coast and Singapore for Eastern coast.

Do u know why because we don't have port that can support mother ships.

From there (Dubai/Singapore) the goods comes to India via small ships.

Same is with Sri Lanka they are earning due to lack of good ports in India.

As, sea route is responsible for our 90% of export/import Just Imagine when International Container Transshipment Terminal, Kochi will be ready, how much business loss for Dubai, Singapore and Sri Lanka.

International Container Transshipment Terminal, Kochi - Wikipedia, the free encyclopedia


International Container Transshipment Terminal, Kochi
The new terminal will make Cochin a key centre in the shipping world reducing India’s dependence on foreign ports to handle transshipment.

And what does this have to do with this loan agreement.

Now i don't see why i have to criticize the government.

If we don't have ports now , we will have them later .

Compared to Singapoor or Dubai our ports may be lack luster but this hardly has anything to do with Sri Lanka

do u know sri lanka is developing at the cost of India

This statement is especially not true and highly pretentious.

Sri Lanka is developing due to its own merits . they may benefit form our lack of merit in some regard such as ports.

 

[yashchauhan]

yeah, majority of it, is black money of Indians.

i know it thats its the money of india only but this time india has loaned sri lanka!

 

[Lilo]

You forgot all the military aid and equipment to Sri Lanka from India.

They were given on loan too.

Sri Lanka playing diplomacy with India?

Ever heard of Indian Oil Lanka?

Sri Lanka gets comparitively cheap petroleum products through Indian Oil's subsidary Indian Oil Lanka.

Due to the short distance there is a pipeline between two countries though which the refined petrolium products are provided to Sri Lanka.

Thanks to India the petrolium prices in Lanka are comparitive.

The moment that pipeline is locked the prices will sky rocket as Sri Lanka's refining capacity is less than actual demand.

The entire Lankan public transport is on Bajaj Autos, TATA and Ashok Leyland buses and TATA Sumo's. No one can provide cheaper subsidized public transport vehicles to the Lankans other than India.

Problem is with Indian diplomacy, which fails to show the neighbors like Lanka and Bangaldesh who is the boss.

May be foriegn ministry of India should take the lessons from BCCI who dictates and virtually owns Sri Lankan Cricket Board these days.

GB

What are you some dinosaur from the cold war age ?
India is no Soviet Union and Srilanka is no Warsaw pact state to be bullied. So drop that condescending tone.

Gujral doctrine is the way forward for indian diplomacy in this millennium. And it means largesses for cooperating neighbors without imposing on them.

 

[Break the Silence]

If this news is true...then from my point of view ,there is no harm in making strong relationship with neighbours...Infact it will help India strategically . The more good relations , India will develop with neighbours, More it will sure for its own development..And Btw its a loan, so apart from Goodwill India will also gain something more of it..