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Sri Lanka unveils national climate financing strategy as needs top $10bn | EconomyNext

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ECONOMYNEXT – Sri Lanka’s newly appointed Ports & Civil Aviation Minister Anura Karunathilaka, will attend the Indian Maritime Week 2025 scheduled for subsequent week, the Indian Excessive Fee in Colombo mentioned.

It will likely be Minister Karunathilaka’s first overseas go to because the Ports Minister.

Throughout the go to, the Minister could have a bilateral assembly along with his counterpart, Shri Sarbananda Sonowal, Indian Minister of Ports, Delivery and Waterways, the Excessive Fee mentioned in an announcement.

The Minister can even be a part of the Ministerial plenary of the India Maritime Week and meet distinguished trade leaders on the sidelines of the go to. Key website visits can even be organized in the course of the go to of Minister Karunathilaka.

India Maritime Week 2025, will happen from  October 27-31in Mumbai, India, hosted by the Ministry of Ports, Delivery and Waterways, Authorities of India.

The Minister will go to in the course of the first two days.

The occasion is predicted to function a catalyst for strengthening cooperation, driving strategic initiatives, and unlocking new alternatives throughout the maritime sector.

“The occasion presents an unparalleled alternative for coastal nations to reinforce their maritime infrastructure, modernize port operations, and appeal to world funding in transport and logistics,” the Indian Excessive Fee in Colombo mentioned in an announcement.

“The holistic method of the occasion goals to advertise inclusive progress and sustainable maritime improvement, fostering strategic partnerships for shared prosperity.”

India’s curiosity in Sri Lanka’s ports and aviation sectors has grown markedly lately, reflecting regional strategic, financial and connectivity ambitions.

On the maritime entrance, India has prolonged important grants and monetary assist together with USD 61.5 million dedication for upgrading the Kankesanthurai Port (KKS) in Northern Sri Lanka.

Analysts say India sees Sri Lanka’s strategic location within the Indian Ocean as key for trans-shipment routes, supply-chain linkages to Tamil Nadu and as a counter-balance to extra-regional maritime affect.

With the Port of Colombo already seeing rising throughput (7.78 million TEUs in 2024) and joint ventures resembling with India’s Adani Ports and Sri Lanka’s port authority backing expansions, India’s engagement is each industrial and strategic.

India’s port and aviation pursuits in Sri Lanka serve a number of functions together with securing supply-chain and energy-logistics nodes, strengthening pleasant entry within the Indian Ocean area amid Chinese language infrastructure strikes, and increasing trade-tourism corridors between South India and Sri Lanka.

For Sri Lanka, such Indian curiosity affords funding, connectivity and infrastructure assist, although critics have raised questions on strategic autonomy, debt phrases and regional alignments. (Colombo/October 24/2025)


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