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Ties between the two countries have deteriorated significantly in the last one year due to the build-up by China at the Line of Actual Control in Eastern Ladakh
Pointing out that India China ties being at a crossroad , India s External Affairs Minister Dr S Jaishankar has said that choices that are made will have profound repercussion not just for 2 countries, but also the entire world.
Ties between the two countries have deteriorated significantly in the last one year due to the build-up by China at the Line of Actual Control in Eastern Ladakh. The Galwan incident, in which 20 Indian soldiers died due to aggressive Chinese actions further impacted the ties.
January 25, 2021
Weeks after India’s External Affairs Minister visited Sri Lanka, President Gotabaya Rajapaksa gave the green light to the India-backed port project in Colombo. The project, earlier put on hold following protests by workers’ unions, is approved at a time when the island nation is seeking a $2-billion financial lifeline from New Delhi.
Reports suggest that the Rajapaksa government has been seeking a $1 billion currency swap and $1 billion debt moratorium from India to save it from sinking into a sea of foreign debt.
Sri Lanka’s economic situation has turned worse of late. As of September 2020, the country was facing $51.6 billion in foreign debt, according to the Central Bank of Sri Lanka. The foreign reserves dropped to $5.5 billion as of November 2020, down from the $7.6 billion in December 2019.
A reset for India’s security policy (Column: Spy’s Eye) Follow Newsd On
BY D.C. PATHAK
India’s External Affairs Minister, Dr S. Jaishankar, in his address at the UN Security Council launching the two-year tenure of India’s membership, rightly focused on the threat of terrorism facing the world, pointed to the invidious role of Pakistan in harbouring and sponsoring terrorists drawn from across the Islamic spectrum and debunked the artificial divide made by American policy makers in the earlier years between ‘good terrorists’ and ‘bad terrorists’ to bail out Pakistan on the issue of cross-border terror against India. 9/11 and 26/11 both exemplified the same threat but for reasons of its own political interests, the US chose to view Al Qaeda, that considered the West as its prime enemy, differently from the Saudi-funded Lashkar-e-Toiba which would take on only India and not the West.
India s External Affairs Minister, Dr S. Jaishankar, in his address at the UN Security Council launching the two-year tenure of India s membership, rightly focused on the threat of terrorism facing the world, pointed to the invidious role of .