Benefits of economic integration between India and Sri Lanka

This brief examines the importance of economic integration between India and Sri Lanka in fostering both nations’ growth as well as regional stability. Their deep cultural, historical, and geographic ties support an evolving economic relationship driven by trade, investment, and connectivity. As Sri Lanka’s largest trading partner and investor, India plays a pivotal role in its economic recovery, particularly following Sri Lanka’s recent economic crisis.

The brief highlights the mutual benefits of integration: Sri Lanka can access India’s large and expanding market, attract Foreign Direct Investment (FDI), and leverage India’s cost-effective energy solutions. India, for its part, can enhance its regional security, counter rival influences, and strengthen its strategic presence in the Indian Ocean region. Key opportunities include expanding trade agreements, investing in infrastructure and renewable energy ventures, and enhancing maritime connectivity…..| read more on Hindustan Times