Today, on July 21, 2023, several Memorandums of Understanding (MoUs) were signed between India and Sri Lanka. The signing ceremony took place in the presence of Indian Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe.
The five MoUs encompassed various areas of cooperation. They included a Memorandum of Cooperation for the Economic Development of Projects in the Trincomalee District, a MoU on Renewable Energy, an Energy permit for a solar power project, a Network to Network agreement between IPL and Lanka Pay for UPI application acceptance, and an MoU on Animal Husbandry. The agreements aim to strengthen bilateral ties and facilitate collaboration between the two nations in these specific fields.