Sri Lanka Economic Crisis: Consequences for India's commerce and business

Sri Lanka is experiencing a lack of vital items such as fuel and cooking gas due to a foreign exchange crisis. Between the two countries, there are strong racial and cultural ties. A marine boundary exists between India and Sri Lanka. India is Sri Lanka’s lone neighbor, separated by the Palk Strait; both countries are strategically located in South Asia and have aspired to establish a joint security umbrella in the Indian Ocean.