India starts debt-restructuring talks with Sri Lanka

NEW DELHI (Reuters) – India said on Tuesday it had started bilateral discussions with Sri Lanka on restructuring the crisis-hit neighbour’s debt.

The first round was held on Sept. 16 “in a cordial atmosphere” that showed India’s support for an early conclusion and approval of an International Monetary Fund loan programme for Sri Lanka, the Indian High Commission in Sri Lanka said.

(Reporting by Uditha Jayasinghe; Writing by Krishna N. Das; Editing by Louise Heavens)

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