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China and Sri Lanka collaborate to enhance port cargo operations

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Prime Minister Dinesh Gunawardena engaged in a substantial discussion with Shanghai Mayor Gong Seng in Shanghai, China yesterday (29).

The Prime Minister’s Office issued the following statement regarding this pivotal intervention:

Relationships between the sister cities of China’s Shanghai and Colombo are in rapid development…

Prime Minister Dinesh Gunawardena had a long discussion with Gong Seng, Mayor of Shanghai, today (29.03.2024) in Shanghai, China.

It was agreed to establish a strong relationship between Shanghai, China, which is ranked first among the world’s port cities, and the cities of Colombo and Hambantota, which have been planned to be developed as a maritime hub in the East and West shipping routes in the future.

A long time has passed since the Sister City Agreement between Colombo and Shanghai was signed, and the Prime Minister pointed out that further work can be carried out under this agreement, which was signed when his brother Prasanna Gunawardena was holding the post of Mayor.

It was emphasised that the city of Shanghai has handled 49.5 million containers in terms of cargo transportation, and last year it ranked first in cargo transportation in the world, and there are many lessons that can be learnt by Sri Lanka in the said sector.

The Mayor of Shanghai assured that the city of Shanghai, which has an annual production income of 4.72 trillion Yuan, and is also a first class business centre and a centre for financial transactions in the world, will share their experiences with Sri Lanka. The Prime Minister pointed out that huge lessons can be learnt by Sri Lanka from the progress made in the planned urban development of the city of Shanghai, which has a population of 25 million people.

The Mayor of Shanghai expressed his agreement to support Sri Lanka in each of those fields and invited the officials of those fields to visit Shanghai and study the said fields.

The interest of the Chinese people to travel in Sri Lanka, which has many UNESCO heritage sites, has increased, and it was also agreed to explore the possibility of increasing the flights between Colombo and Shanghai.

A group including State Ministers Shehan Samesinhe, Ashoka Priyantha, and Secretary to the Prime Minister Anura Dissanayake participated in this event.

Prime Minister’s Media

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Three injured in Kosgama shooting, including 12-year-old girl

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Three people, including a 12-year-old girl, were injured in a shooting incident at Suduwella, Kosgama, early this morning (6), police said.

They said the victims were travelling in a three-wheeler when two individuals on a motorcycle opened fire using a pistol-type weapon.

The injured include a 30-year-old woman and her 12-year-old daughter, both residents of Avissawella, as well as a 44-year-old man.

All three have been admitted to Avissawella Hospital for treatment.

Police said the motive for the attack and the identities of the suspects have not yet been established.

Kosgama Police are conducting further investigations into the incident.

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Four Sri Lankans arrested at BIA with 378 bottles of liquor

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Four Sri Lankan passengers were arrested by Customs officers at the Bandaranaike International Airport (BIA) this morning while attempting to smuggle in a large consignment of whiskey and cardamom valued at approximately Rs. 15 million.

The suspects, residents of Colombo and Hatton had arrived in the country on IndiGo flight 6E-1183 from Bangalore, India, which landed at 1:00 a.m.

Customs officials uncovered the contraband during baggage checks, finding 378 bottles of whiskey and 132 kilograms of cardamom concealed in 20 pieces of luggage. The items were reportedly purchased from a duty-free shopping complex at a foreign airport.

The four individuals have been detained, and further investigations are being carried out by the Airport Customs Division.

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Treasury sounds alarm over vehicle import boom’s dollar drain

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The Treasury has warned the Central Bank that the enthusiasm shown in the import of vehicles after the ban was lifted could have a negative impact on foreign reserves and urged that precautionary measures be taken.

A senior Treasury official said that in the five months after the restrictions on the import of vehicles were lifted, Letters of Credit to the value of US$ 742 million have been opened, against the proposed target of allowing up to US$ 1 billion.

Accordingly, the Treasury has advised the Central Bank that as the opening of the LCs and imports has been at a rate faster than anticipated, it should closely study the trend of imports and take remedial measures in advance.

The Treasury has pointed out that the outflow of US dollars could have a serious impact on the foreign currency reserves and also on the exchange rates. As a result, there could be an impact on imports of essentials, including fuel.

The longstanding vehicle import ban was lifted in February this year, and so far more than 18,000 vehicles have been brought into the country, while import levies have earned a tax revenue of Rs 220 billion, Customs Spokesman Seevali Arukgoda told the Sunday Times.

The revenue from vehicle imports has made a significant contribution to the taxes in the form of customs levies amounting to Rs one trillion so far for the year. The Customs revenue target for this year is Rs 2.1 trillion.

(sundaytimes.lk)

(Except for the headline, this story, originally published by sundaytimes.lk has not been edited by SLM staff)

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