Oli handed over the Chairmanship of the seven-member grouping to Sirisena at the end of the 4th BIMSTEC Summit here.
The two leaders met in the Nepalese capital Kathmandu on the sidelines of the 4th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit which is being held from August 30-31.
Modi arrived here this morning to attend the 4th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit.
China's latest push in the Indian Ocean island nation comes despite criticism that a big Chinese port project and related infrastructure in the south.
Onedera, who arrived here yesterday, is the first Japanese defence minister ever to visit Sri Lanka.
It is priced Sri Lankan Rs 1.99 million for petrol and Sri Lankan Rs 4.6 million for diesel (permit holder prices) for the top variant, it said.
President Maithripala Sirisena thanked Japan's Defence Minister Itsunori Onodera for donating two coast guard patrol craft costing over $11 million in total, his office said in a statement after talks in Colombo.
Wickremesinghe said that he enjoyed good relations with Vajpayee between 2002-2004 during his previous tenure as Sri Lankan prime minister.
New Delhi needs to reconsider its attitude towards its smaller neighbours at a time when Beijing is knitting the economies of South Asia together and reorienting them away from India
Liu Guisheng, Chairman of China Banknote Printing and Minting Corporation, wrote in an article in May in China Finance, a bi-monthly journal run by China's central bank, that China obtained the first international commercial order for printing money from Nepal in 2015.
Sri Lankan PM Wickremesinghe has appointed a task force to study the possibility of granting visa free entry to visitors from certain tourist friendly nations to boost arrivals.
The Lankan government had last month asked the Indian airport operator to submit its business plan for operating the loss-making airport.
In the revision, Samaraweera slapped a minimum duty of 1.25 million rupees on any hybrid car with an engine capacity of less than 1,000 cubic centimetres, meaning the previous duty of 825,000 rupees on a Suzuki Wagon R will now be 1.25 million.
The grant offer comes at a time when a Chinese firm is facing heavy criticism for allegedly financing the last election campaign of former President Mahinda Rajapaksa.
The independent Judicial Commissioner, The Hon Michael Beloff QC, handed the trio eight suspension points, which means they will miss the first four ODIs along with both the Tests against South Africa.
The fishermen from Mandapam were arrested for poaching in Lanka's territorial waters near Neduntheevu and charged with using banned fishing nets.
Vijeyakala Maheswaran, 45, was working as a State Minister of Child Affairs from the northern Tamil region representing the ruling United National Party (UNP) led by Prime Minister Ranil Wickremesinghe.
The Srilanka government in 2017 invited investors to turn the airport into a profit-sharing joint venture. However no proposals were received to operate, manage and maintain it.
The Sri Lankan government and Chinese embassy in Colombo have denied that and the agreement for the port deal included a clause that it cannot be used for military purposes.
"Dinesh Chandimal has appealed against the match referee's findings that saw him suspended for one Test after being found guilty of changing the condition of the ball," the ICC said on its Twitter handle.
However, Sri Lanka Cricket team has denied these allegations and said their players were not involved in any such wrongdoing.
The IMF welcomed the island nation's increase in fuel prices last month -- a precondition for it to receive USD 252 million of the three-year loan approved in June 2016.
Early this month, Sirisena was forced to face a vote of no confidence in Parliament moved by the Joint Opposition which has the backing of Rajapaksa
The company, an exclusive master franchisee of US-based Sothebys International Realty, will do business as Sri Lanka Sotheby's International Realty.
In a written response to a question, V K Singh, minister of state in the External Affairs Ministry, said India gave a grant of Rs 2,088.19 crore to Afghanistan, a country torn by war and insurgency, between 2014 and 2018 (until January).