India welcomes 'resolution of SL political situation'

<p>Responding to Rajapaksa's resignation as Sri Lanka's prime minister and Ranil Wickremesinghe's re-appointment to the post, India's Ministry of External Affairs (MEA) said it "welcomes the resolution of the political situation in Sri Lanka".&nbsp;</p> <p>The re-appointment of Wickremesinghe comes after almost two months of political turmoil which saw the dissolution of parliament, widespread reports of bribery and parliamentary violence.&nbsp;</p> <p>The crisis resulted in a declining rupee, downgrading of the country's sovereign by credit agencies and a suspension of international funds.&nbsp;</p> <p>“As a close neighbour and true friend, India welcomes the resolution of the political situation in Sri Lanka. This is a reflection of the maturity demonstrated by all political forces, and also of the resilience of Sri Lankan democracy and its institutions,” India's MEA spokesperson, Raveesh Kumar said.&nbsp;</p> <p>"India remains committed to taking forward its people-oriented development projects in Sri Lanka."</p> <p>“We are confident that India-Sri Lanka relations will continue to move on an upward trajectory,” he added.&nbsp;</p>