January 2021India and Sri Lanka are looking forward to cooperating post-COVID-19, underscored Mr. Jaishankar during his visit to Sri Lanka. He noted that many opportunities are in discussion, such as special zones for pharmaceutical manufacturing and tourism. There were also proposals in infrastructure, energy, and connectivity. He also stressed that the Indian business community is strongly interested in investing in Sri Lanka. Read More Tags: India, Sri Lanka, Tourism, Energy |
December 2020The Government of India and the Asian Development Bank (ADB) signed a project readiness financing (PRF) facility worth $4.21 million for the Tripura Urban and Tourism Development Project. The Government of India will provide complementary financing of $1.05 million. The PRF will support the state government of Tripura in preparing infrastructure development projects that will upgrade the state’s urban amenities and boost its tourism infrastructure. Read More Tags: India, ADB, Tourism, Urban Development, Tripura |
August 2020Ms. Himalee Arunatilaka, Sri Lankan Ambassador to Nepal, called on Nepal Prime Minister K.P. Sharma Oli on 18 August in Kathmandu, Nepal. During their meeting, Prime Minister Oli noted the long history of Nepal-Sri Lanka bilateral relations and described Sri Lanka as a “very good friend of Nepal.” Read More Tags: Nepal, Sri Lanka, Tourism, Trade |
March 2020 |
December 2018Myanmar State Counselor Aung San Suu Kyi undertook her first state visit to Nepal. She paid a courtesy call to Nepal Prime Minister KP Sharma Oli where they explored how to further expand their bilateral ties. At the Nepal Chamber Expo 2018, she delivered a speech urging both countries to improve economic relations. She also emphasized both countries’ membership to the SASEC program. Read More Tags: Myanmar, Nepal, Economic cooperation, Tourism, Transport, SASEC |
June 2018Ms. Chitranganee Wagiswara, high commissioner of Sri Lanka in New Delhi, India, urged Indian companies to take advantage of the ample business opportunities in Sri Lanka. She said Sri Lanka’s Vision 2025 positions the country as an export-oriented economic hub at the center of the Indian Ocean. Read More Tags: Sri Lanka, India, Trade, Tourism, Jobs |
May 2018The Governments of India and Myanmar inked the Agreement on Land Border Crossing during the visit of Ms. Sushma Swaraj, External Affairs Minister of the Government of India, to Myanmar on 10-11 May 2018. This landmark agreement allows people from both countries to cross the land border with passport and visa, for purposes such as availing health and education services, pilgrimage, and tourism. Read More Tags: India, Myanmar, Tourism |
April 2018The National Export Strategy (NES) of the Government of Sri Lanka has been finalized by the Export Development Board (EDB) and is ready for submission to the Cabinet. The strategy aims to boost the performance of the country's focus sectors and improve the business environment by developing trade support functions in logistics, trade information and promotion, and national quality infrastructure. Read More Tags: Sri Lanka, Exports, Trade, Trade Facilitation, Tourism |
January 2017A railway network linking India and its neighboring countries, Bangladesh, Bhutan, Myanmar, and Nepal, is being considered by the Government of India, according to India Railway Minister Suresh Prabhu. Developing railway connectivity will increase employment, interaction, trade, and tourism. Read More Tags: India, Rail, Bangladesh, Bhutan, Myanmar, Nepal, Trade, Trade Facilitation, Transport, Tourism, Employment |
January 2017The Government of Sri Lanka aims to attract $50 billion in foreign investment in the next 5-10 years to help develop infrastructure, and boost exports to $20 billion by 2020. This year, Sri Lanka expects to sign free-trade deals with India, Singapore, and China. Read More Tags: Sri Lanka, Exports, India, China, Free Trade Agreement, BIMSTEC, Tourism |
September 2016The Asian Development Bank has approved a multitranche loan of $1.5 billion to the Government of Bangladesh for construction of a key section of the Chittagong-Cox’s Bazar railway line—the largest ever investment in railways by ADB. The new line will improve Bangladesh’s access to Myanmar and beyond, facilitate trade, and boost tourism in southeastern Bangladesh. Read More Tags: Bangladesh, Myanmar, Rail, Connectivity, Transport, Trade, Tourism |
June 2016Bhutan is upgrading three domestic airports—Bumthang, Gelephu, and Yonphula—to enhance their capacity, safety, and efficiency. The Asian Development Bank is providing additional financing for this SASEC project, to further strengthen safety and security, and improve passenger convenience and service at these airports. Read More Tags: Bhutan, Airports, Transport, Tourism |
December 2015South Asia is set to play a strategic role in Asian integration. This commentary by Mr. Ganeshan Wignaraja, Advisor in the Asian Development Bank’s Economic Research and Regional Cooperation Department, shares how linking emerging South Asia with the more developed member countries of the Association of South East Asian Nations will transform regional economies through development of regional connectivity, and create a huge regional market of 2-3 billion people. Read More Tags: South Asia, Economic corridor, Development, ASEAN, Southeast Asia, East Asia, Trade Facilitation, Transport, Tourism, manufacturing, Bangladesh, Bhutan, India, Maldives, Nepal |
October 2015A meeting between Bhutan Tourism Board officials and India's State Tourism Secretary Ajit Ranjan Bardhan discussed ways to improve links between Bhutan and India, including introducing an online entry permit system for Indian visitors and easing immigration checks. Bhutan agreed to consider providing online permits by 2016, said Secretary Bardhan. Read More Tags: ICT, India, Bhutan, Tourism |