Note4Students
From UPSC perspective, the following things are important :
Prelims level: India-Sri Lanka Free Trade Agreement
Mains level: Sri Lanka's land connectivity with India for regional economic integration
Central idea
The central idea revolves around Sri Lanka’s renewed proposal for land connectivity with India, emphasizing economic integration. Despite historical challenges, the persisting vision, including a proposed bridge and power grid, highlights the potential for mutually beneficial ties.
Key Highlights:
- Sri Lanka’s President Ranil Wickremesinghe proposed land connectivity with India for regional economic integration.
- The idea dates back to 2003, with a proposed bridge between Rameswaram (India) and Talaimanar (Sri Lanka).
- Despite opposition, the concept persisted, finding mention in a joint statement between Wickremesinghe and PM Modi in 2023.
- Land connectivity aims to utilize ports in Colombo and Trincomalee for supply needs in southwest and southeast India.
Key Challenges:
- Opposition from groups representing Sinhalese-Buddhists has historically hindered progress.
- The power grid project, initiated in 1970, has faced delays, with no electricity transmitted despite a memorandum of understanding.
- Slow progress in implementing the India-Sri Lanka Free Trade Agreement, signed in 1998.
- Tardiness in bilateral economic ties, despite India being the largest source of imports for Sri Lanka.
Key Terms:
- Land Connectivity: Proposal for physical linkage between India and Sri Lanka for economic integration.
- Free Trade Agreement: Trade deal signed in 1998 between India and Sri Lanka.
- Power Grid: Project aiming to connect the electricity networks of India and Sri Lanka.
Key Phrases:
- “Feasibility study for connectivity will be conducted at an early date” (Joint statement, 2023).
- “Utilize Colombo port to meet the supply needs of southwest India and Trincomalee port for southeast India” (Budget address, 2023).
Key Quotes:
- “We expect to utilize Colombo port to meet the supply needs of southwest India and Trincomalee port to meet the supply needs of southeast India” (Wickremesinghe, Budget address, 2023).
Key Statements:
- “The relationship in infrastructure development should be deeper” (Author’s viewpoint).
- “The progress of the transmission network project does not reflect well on the two countries” (Author’s observation).
Key Examples and References:
- Nitin Gadkari’s announcement of the Asian Development Bank’s willingness to fund the bridge project in 2015.
- India’s successful energy collaboration with Bangladesh, highlighting the contrast with Sri Lanka.
Key Facts and Data:
- India-Sri Lanka bilateral trade in 2021: $5.45 billion.
- Bangladesh-India bilateral trade in 2021: $18.14 billion.
Critical Analysis:
- Despite historical challenges, Sri Lanka should capitalize on recent positive developments.
- The comparison with Bangladesh emphasizes the potential for mutually-beneficial economic relationships.
- Acknowledges the need for sustained momentum in economic ties.
Way Forward:
- Overcome historical challenges and focus on mutually-beneficial economic relationships.
- Prioritize the implementation of proposed projects, including land connectivity and the power grid.
- Build on recent positive developments to enhance economic ties.
- Address opposition through inclusive dialogue and communication.
- Expedite the feasibility study for land connectivity and other collaborative projects.
Get an IAS/IPS ranker as your 1: 1 personal mentor for UPSC 2024