SL – Russia continue talks on credit facility for Russian oil

Date:

The Sri Lankan authorities continue negotiations with Russia on the provision of a credit facility to purchase Russian fuel, disclosed Minister of Transport and Highways Bandula Gunawardena.

Speaking to Russian news agency Sputnik, Minister Gunawardena added that the affair can be managed in the event that Sri Lanka is slowly recovering from the economic crisis befallen it, and that the Government of Sri Lanka is expecting some ‘big support’ from Russia. The discussions are going very well, the Transport and Highways Minister added.

He further told Russian media that ex President Rajapaksa appealed to the Russian President to provide Sri Lanka a credit facility to purchase fuel from the ex Soviet country and ease the fuel crisis in Sri Lanka.

The political protests that existed in the last few months have now been finished, Gunawardena went on responding to a query on the island nation being safe as a tourist destination, adding that as Parliament voted in favour of Wickremesinghe as the President, political stability has been established in the country.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

SriLankan Airlines Ties Up with Axis Bank to Woo Indian Travelers

SriLankan Airlines Ties Up with Axis Bank to Woo Indian Travelers

German Partnerships Key but Sri Lanka Risks Missing Tourism Targets

German Partnerships Key but Sri Lanka Risks Missing Tourism Targets

Passport Demand, Worker Migration Push Immigration Dept Revenue to New Highs

Passport Demand, Worker Migration Push Immigration Dept Revenue to New Highs

Sri Lanka’s Economic Balancing Act: Short-Term Calm, Long-Term Doubt

Sri Lanka’s Economic Balancing Act: Short-Term Calm, Long-Term Doubt