In a statement, the government said India has agreed to provide the required financial assistance for this Maritime Rescue Coordinating Centre.
The relevant proposal was tabled by President Gotabaya in his capacity as the Minister of Defence.
Thereby, a Memorandum of Understanding (MoU) with the government of India and an agreement with Bharath Electronics of India will be signed for the establishment of the said centre.
Bharat Electronics Limited is an Indian government-owned aerospace and defence electronics company, which primarily manufactures advanced electronic products for ground and aerospace applications. – ada derana