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India objectives for enhanced trilateral cooperation with Japan and Sri Lanka

Original DelhiWritten By: Sidhant SibalUpdated: Aug 11, 2023, 09:07 AM IST

Puneet Agrawal, Joint Secretary of the Indian Ocean Space in the Ministry of Exterior Affairs, at an occasion in Delhi

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Joint Secretary Puneet Agrawal expressed optimism in regards to the possibilities of joint endeavours despite previous challenges

India is hoping to bolster trilateral cooperation with Japan and Sri Lanka, specializing in current avenues of collaboration whereas jointly engaged on debt restructuring for Colombo.

Speaking at the India-Sri Lanka-Japan Trilateral Cooperation Tournament, co-hosted by NatStrat, VIF, Pathfinder, and CII, Puneet Agrawal, Joint Secretary of the Indian Ocean Space in the Ministry of Exterior Affairs, highlighted the shared pursuits and doable for synergistic partnerships among the three worldwide locations.

Agrawal, who’s the indispensable particular person in going through all matters referring to Comoros, Madagascar, Maldives, Mauritius, Seychelles, Sri Lanka and Indian Ocean Space in India’s international ministry, expressed optimism in regards to the possibilities of joint endeavours despite previous challenges.

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“Some tasks in Sri Lanka which were to be completed jointly by India and Japan did not growth due to the several reasons, however that must not deter us in exploring current cooperation,” he affirmed.  In the previous, each Delhi and Tokyo burnt fingers after a tripartite address Colombo used to be scrapped for the come of Colombo Port’s jap container terminal in 2021.

The diplomat emphasised that India and Japan, as reliable companions, could well perhaps collectively contribute extra than the sum of their parts, leveraging their strengths in areas akin to locational advantage, economic opportunities, technical advancement, manufacturing, and industrial growth.

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The trilateral cooperation, geared toward enhancing the Indo-Pacific living’s pattern, has change into increasingly relevant as all three countries fraction a vision of an birth, free, and inclusive Indo-Pacific.

Addressing Sri Lanka’s need for true companions to bolster its economic revival, Agrawal acknowledged, “India and Japan whine in investments that are clear and course of-oriented.”

He underscored the importance of connectivity on this course of, encompassing maritime connectivity, strength and strength change, financial and digital connectivity, and of us engagement.

Referring to digital connectivity, India’s developed IT sector is determined to foster economic recount in Sri Lanka, he said.

“This could well perhaps not most productive enhance e-commerce and financial inclusion however additionally empower Sri Lanka’s early life with skills for the Digital Age,” Agrawal added.

An agreement between NPCI Worldwide and Lanka Pay on UPI-basically based digital funds is poised to revolutionise the financial landscape, enhancing tourism and public infrastructure.

As well to economic collaboration, cultural ties between India and Sri Lanka were highlighted as pivotal in fostering regional solidarity.

“Promotion of the Buddhist circuit and the Ramayana path, commerce capabilities between academic institutions, scholarships, and cultural occasions have not most productive bolstered the bonds between our worldwide locations however additionally promoted a sense of regional solidarity,” the Indian diplomat renowned.

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