Colombo [Sri Lanka], June 11 (ANI): The Indian government has decided to extend a Line of Credit (LOC) of USD 55 million to Sri Lanka for the procurement of Urea Fertiliser.
This credit line was extended in response to an urgent request from the Government of Sri Lanka (GOSL), amid the ongoing economic crisis.
“In this context, a LOC agreement was signed between GOSL and the Export-Import Bank of India today (June 10, 202
India extends Sri Lanka USD 55 million credit line for fertiliser imports
