<h1>India, Sri Lanka to Sign Major Defence Pact; Discuss Currency Swap, Debt Restructuring, Trincomalee Oil Development with UAE.</h1> India and Sri Lanka are poised to sign a major defence cooperation pact during an upcoming visit by the Indian Prime Minister to Colombo, marking a significant step nearly four decades after the Indian Peace Keeping Force's intervention. The visit will also see discussions on a currency swap framework, debt restructuring, and joint development of Trincomalee oil firms with the UAE. This move aims to bolster defence ties amid China's growing influence in the Indian Ocean. The visit will further focus on enhancing investments, connectivity, and cooperation in various sectors, with several MoUs expected to be exchanged.