Approval has been granted to sign an MoU in this regard.
No threat to national security
Speaking at today's (22) Cabinet briefing, co-Cabinet spokesman - Ramesh Pathirana stated that this framework did not pose any threat to Sri Lanka's national security.
He said that India will not obtain any data with regard to the framework and that the MoU is signed only to secure the financial facilitation.
Disclose details - Elle Gunawansa Thero
Earlier, Ven. Elle Gunawansa Thero had requested the President to disclose to the public and the parliament the details of three agreements that are to be signed between Sri Lanka and India, with regard to the security of the Indian Ocean region.
In a letter to the President, the Thera noted that the Hindustan Times had reported that both countries are close to finalizing three defense-related agreements and arrangements that are expected to boost cooperation for maritime security.
The Venerable Thero also noted that the agreement signed when securing a US $ 1 Billion Loan from India, is also yet to be made public.
He had also pointed out that an ad-hoc Free Trade Agreement had been signed between Sri Lanka and China.