During his visit to Colombo, Defence Minister Rajnath Singh highlights India's rapid economic growth and expanding trade deals while stressing the crucial role of the Indian community in fostering friendship between India and Sri Lanka.
Defence Minister Rajnath Singh, on a three-day visit to Sri Lanka, described the Indian community in the country as 'an essential component' strengthening the bond between the two nations. Mr Singh expressed that India will always stand by Sri Lanka during difficult times, underlining that the relationship between the two countries is deeply rooted in shared history, culture, and faith.
In his address to members of the Indian diaspora, Mr Singh stressed the significance of the community's role in enhancing friendship between India and Sri Lanka. He emphasized that their contributions have played a pivotal role in reinforcing the strong ties between the two countries.
Furthermore, Mr Singh highlighted India’s rapid economic transformation, stating that the country is among the fastest-growing major economies worldwide, contributing more than 16 per cent to global growth. He pointed out that over the last 12 years, India has completed trade agreements with 38 countries, including Free Trade Agreements (FTA) with eight major nations.
Referring to the India-European Union FTA as the ‘Mother of All Deals’, Mr Singh explained how this agreement provides access to the extensive EU market and reflects India’s growing diplomatic and economic capabilities. He attributed the significant rise in India’s global credibility to Prime Minister Narendra Modi, stating that compared to 12 years ago, the world now listens when India speaks on the international stage.
Source:
Akashvani News
