Dissanayake's assurance comes amid concerns in New Delhi over China's attempts to increase its military influence over Colombo.
Dissanayake, who is on a three-day visit to India, held wide-ranging talks with Modi. Both the leaders decided to finalize a bilateral defence cooperation agreement and ramp up their energy ties by establishing electricity grid connectivity and multi-product petroleum pipelines.
In the meeting, Modi said he and the Sri Lankan president were in "full agreement" that the security interests of both countries are interconnected.
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