Express News Service
NEW DELHI: United States Agency for International Development (USAID) administrator Samantha Power on Wednesday hailed India’s resolution to help crisis-ridden Sri Lanka by offering humanitarian help.
During her go to to Delhi, she additionally slammed China for paying no heed to offer vital reduction to the island nation, which goes by an unprecedented financial disaster.
“India has reacted really swiftly with an absolutely critical set of measures,” she acknowledged whereas addressing an occasion at IIT Delhi.
Powers’ go to was primarily to additional improve the strategic alliance between Washington and New Delhi and tackle the world meals safety problem.
She mentioned that China has emerged as one of many “biggest creditors” of Sri Lanka, providing “opaque loan” agreements at charges increased than compared to different lenders.
She additionally talked about Sri Lanka’s $3.8billion Line of Credit from India in addition to different help so as to revive the island nation’s financial system and reserve it from additional collapse.
On the opposite, China promised Lines of Credit to Sri Lanka however backtracked from offering vital reduction, she added.
NEW DELHI: United States Agency for International Development (USAID) administrator Samantha Power on Wednesday hailed India’s resolution to help crisis-ridden Sri Lanka by offering humanitarian help.
During her go to to Delhi, she additionally slammed China for paying no heed to offer vital reduction to the island nation, which goes by an unprecedented financial disaster.
“India has reacted really swiftly with an absolutely critical set of measures,” she acknowledged whereas addressing an occasion at IIT Delhi.
Powers’ go to was primarily to additional improve the strategic alliance between Washington and New Delhi and tackle the world meals safety problem.
She mentioned that China has emerged as one of many “biggest creditors” of Sri Lanka, providing “opaque loan” agreements at charges increased than compared to different lenders.
She additionally talked about Sri Lanka’s $3.8billion Line of Credit from India in addition to different help so as to revive the island nation’s financial system and reserve it from additional collapse.
On the opposite, China promised Lines of Credit to Sri Lanka however backtracked from offering vital reduction, she added.
