In his joint statement with Sri Lankan President Anura Kumara Dissanayake, PM Modi said that both nations believe that the Colombo Security Conclave is an important platform for regional peace, security and development.
"There are bottom trawling systems being adopted by the fishermen in that area and that needs to be put an end to because that will spell doom to this industry," said the Sri Lankan President.
India and Sri Lanka exchanged Memorandum of Understanding (MoUs) in the presence of Prime Minister Narendra Modi and Sri Lankan President Anura Kumara Dissanayake, in Delhi.
Earlier, Sri Lankan President Dissanayake was accorded a ceremonial reception at the forecourt of Rashtrapati Bhavan in New Delhi, the second day of his state visit to India.
India-Sri Lanka ties have seen several twists and turns in the recent past. The visit from the Sri Lankan President will be instrumental in strengthening the relations of both countries.
The Sri Lankan government spokesman also expressed that the Chinese Embassy in Sri Lanka has extended an invitation to President Dissanayake to visit China. He revealed that the timeline for the visit has not yet been determined.
Dissanayake is scheduled to meet with Prime Minister Narendra Modi. External Affairs Minister S Jaishankar, who became the first foreign dignitary to visit Dissanayake following his election as President in September, had extended the invitation for this meeting.
Sri Lankan President Anura Kumara Dissanayake's sweeping coalition election win this week underlined widening support for his leftist policies, but he faces the test of steering the nation's recovery from a financial crisis with an inexperienced set of lawmakers.
Sri Lankans handed Anura Kumara Dissanayake a thumping win in a snap general election, giving its new leftist president greater legislative power to pursue policies to alleviate poverty and fight graft as the country recovers from a financial meltdown.
Sri Lankans are voting in a parliamentary election that is key for the country's new, Marxist-leaning president to consolidate his party's power and follow through on promises of economic recovery.
The Marxist-leaning Anura Kumara Dissanayake won the September 21 presidential election that went into a historic second round of voting. He is now tasked to fight corruption and bolster a fragile economic recovery following its worst financial crisis in decades.
Dissanayake has expressed his intention to continue working with India, China and Japan, who are key partners in Sri Lanka's debt rework. The Marxist-leaning politician emerged victorious in the presidential election on September 21, defeating his predecessor Ranil Wickremesinghe.
Sri Lanka's leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led by powerful political families which is emerging from its worst economic crisis in more than seven decades.
Prime Minister Narendra Modi congratulated Anura Kumara Dissanayake for his victory in the Sri Lankan presidential election. Dissanayake joined the JVP, the mother party of the NPP, in 1987 at the height of their anti-Indian rebellion.
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