A consignment of 11,000 MT rice, which arrived in Sri Lanka April 12 under the concessional Indian Credit Facility of USD 1 billion, was ceremonially handed over to the Government of Sri Lanka by officials of the High Commission of India. In addition to the consignment, 5000 MT of rice has been received in the past few days under the Credit Facility. With this, a total of 16,000 MT rice out of 40,000 MT to be imported by the State Trading Corporation from India, stands delivered.
It may be recalled that the USD 1 billion Credit Facility Agreement was signed between the Government of Sri Lanka and the State Bank of India on March 17, 2022. The delivery of rice was affected within less than one month of signing the Agreement. The supply is a part of the multi-pronged support extended from India to Sri Lanka in the last few months, which includes timely supply of fuel, other forms of economic and forex support etc.
The expeditious supply, before the Sinhala and Tamil New Year, is in line with the understandings reached regarding India’s support for Sri Lanka’s energy and food security. The assistance comes in the wake of a successful visit by the External Affairs Minister of India to Sri Lanka last month during which India’s continued support to the people of Sri Lanka was reiterated.