Focus on Regional Development
- India’s progress ➡️ linked with its neighbouring nations
- Sri Lanka aims to enhance its own growth by integrating with the South Asian economy
Geographical Location
- Palk Strait
- The Indian Ocean is a strategically important waterway for trade & military operations
- Sri Lanka’s location at the crossroads of major shipping lanes
Ease of Doing Business & Tourism
- The enhancement of digital payment systems
- promote economic integration
- simplify business transactions
- improve connectivity for tourism exchanges b/w the 2 nations.