Club Activities………………………………………………...…..………….……35

ruary, fuel shipments are planned. Sri Lanka and India have already agreed to import necessities like food and medication with a US $ 1 billion credit line. The Rajapaksa administration has asked New Delhi to contribute at least US $ 1 billion.

China agreed to swap the US $ 1.5 billion with CBSL, gives the government a US $ 1.3 billion syndicated loan, and then offered the island nation a US $ 1.5 billion credit line and a second loan of up to the US $ 1 billion.

Due to a severe economic crisis, Sri Lanka, a significant player in the global tea market, could not export tea, which provided India's tea industry with an opening to enter the market. North Bengal tea traders claim that India may have new market opportunities due to the current circumstances in Sri Lanka, where tea cannot be sold. If the situation in Sri Lanka persists, the Indian tea market will prosper.