Context: This article is based on an Editorial “Bridge this deficit between India and Sri Lanka” Which was published in the Hindu. Recently, Sri Lanka’s President announced a proposal to establish land connectivity with India.
- Twenty years ago, Mr. Wickremesinghe, then Prime Minister proposed the idea of building a bridge linking Rameswaram (India) with Talaimanar (Sri Lanka).
Relevancy for Prelims: Location of Sri Lanka, Asian Development Bank, India-Sri Lanka Free Trade Agreement, and National Dairy Development Board.
Relevancy for Mains: India-Sri Lanka Relations: Challenges and Way Forward. |
India-Sri Lanka Relations: Challenges and Concerns
- Economic Integration: In Sri Lanka, opposition from groups to represent Sinhalese-Buddhists’ interests have always died down progress.
- In December 2015, India’s Road Transport and Highways Minister informed the Lok Sabha that the Asian Development Bank was willing to fund the bridge project of ₹24,000 crore, but Sri Lanka’s opponents’ response was not in favor of the project.
- On Power Grid: The power grid project, started in 1970, received no success as no electricity transmission took place, despite the signing of a memorandum of understanding.
- On Trade: The India-Sri Lanka Free Trade Agreement was signed in December 1998, yet there is very slow progress on economic and technological cooperation.
- Despite having a high potential for trade, the bilateral trade is not in a good position.
- Example: Tourism, a major source of revenue for Sri Lanka, India remained the largest single country of tourist arrivals, with its share being 17% of the overall number of arrivals. But, the potential is much higher.
Also Read: Re-Setting India Sri Lanka Ties
What steps have been taken in the India-Sri Lanka relations?
- In the last one year, the momentum generated by certain developments:
- Resumption of air services between Chennai and Jaffna.
- The launch of passenger ferry services between Nagapattinam and Kankesanthurai.
- A joint venture agreement among India’s National Dairy Development Board, the Gujarat Cooperative Milk Marketing Federation, and Cargills of Sri Lanka for self-sufficiency in the dairy sector.
Read more about the Commencement of Passenger Ferry Service Between India and Sri Lanka here.
The Path Ahead for the India-Sri Lanka relations:
- Address to Challenges: Need to discuss and overcome the facing challenges (opponents of Sri Lanka).
- Collaboration: Need to focus on mutually beneficial economic and technological collaboration.
- Need to enhance economic and strategic ties.
- Work on Projects: Implementation of hold projects and work on new projects such as land connectivity and the power grid.
Conclusion:
The path ahead for India-Sri Lanka Relations involves addressing challenges, fostering economic and technological collaboration, and actively working on crucial projects to strengthen the bond between the two nations.