India’s foreign minister arrives in Colombo on Thursday following his country’s backing of Sri Lanka for a $2.9 billion International Monetary Fund (IMF) loan. India has told global lender IMF that it strongly supports Sri Lanka’s debt restructuring plan, with Colombo owing around $1 billion to its nearest neighbour. During his two-day visit, his third to Sri Lanka since 2021, minister Subrahmanyam Jaishankar will look to strengthen India’s ties with its debt-ridden neighbour and sign several key deals. (https://neuters.de/world/asia-pacific/india-foreign-minister-visits-sri-lanka-with-stronger-ties-china-focus-2023-01-19/) The two countries are also expected to sign a Memorandum of Understanding for a renewable power project covering three islands in Sri Lanka’s north during Jaishankar’s visit, two sources at Sri Lanka’s power and energy ministry said. Jaishankar will meet Sri Lanka’s president on Friday morning, his office confirmed. He will also hold discussions with Sri Lanka’s prime minister and foreign minister, according to a statement from India’s foreign ministry.