Connect with us

News

Sri Lanka – Thailand set to sign FTA on Feb. 03

Published

on

Sri Lanka and Thailand are set to sign a Free Trade Agreement (FTA) on February 3, aiming to elevate bilateral trade to over US$ 1.5 billion.

Thailand’s Prime Minister Srettha Thavisin will visit Sri Lanka for the signing ceremony and will also be a special guest at the 76th National Independence Day celebrations on February 4 at Galle Face, presided over by President Ranil Wickremesinghe.

The agreement not only seeks to enhance trade but also aims to attract Thai investors to Sri Lanka. As part of the initiative, a delegation of 50 leading investors from Thailand will accompany Prime Minister Thavisin to explore investment opportunities in the country. The FTA includes provisions for tax relief on certain goods traded between the two nations.

The anticipated FTA is poised to facilitate increased exports from Sri Lanka to Thailand, particularly in the sectors of gems and jewelry, tea, and agricultural products. The agreement signifies a step toward strengthening economic collaboration between the two countries and fostering mutual growth and development.

Related News‍

SL – Thailand FTA to be signed next March

SL – Thailand to hold 5th Round of Bilateral Political Consultations in Colombo 

News

Japan grants US$ 2.5 mn. to SL to strengthen anti-corruption mechanisms

Published

on

By

The Government of Japan has granted USD 2.5 million to Sri Lanka to strengthen anti-corruption mechanisms under a 3-year project for Promoting Prosecution of Corrupt Practices through the Establishment of Anti-corruption Mechanism.

Japanese ambassador in Sri Lanka – Mr. Akio Isomata and UNDP resident representative in Sri Lanka – Ms. Azusa Kubota, in the presence of Justice Minister – Harshana Nanayakkara, launched ‘The Project for Promoting Prosecution of Corrupt Practices through the Establishment of Anti-Corruption Mechanism’

The three year initiative is supported by the Government of Japan and implemented by the UNDP Sri Lanka, working in close collaboration with the (CIABOC) and the Ministry of Justice.

The project aims to promote transparency, accountability and integrity in governance and business practices through effective and institutionalised preventive mechanisms in the public and investment promotion sectors, strengthen institutions to enhance corruption related investigative processes, improve coordination with stakeholders and ensure quality of prosecutions, empower citizens to effectively mobilise against corruption and enhance social accountability.

The project also seeks to engage and empower youth, children and journalists to actively contribute to the fight against corruption and promote a culture of integrity.

Continue Reading

News

3 ex-DMT officials including ex-commissioner, remanded

Published

on

By

Former Commissioner General Nishantha Weerasingha and two other former officials of the Department of Motor Traffic (DMT) have been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).

The arrests were made as part of an investigation into vehicles that were illegally registered with the Department of Motor Traffic without receiving proper clearance from Sri Lanka Customs, CIABOC said in a statement.

According to CIABOC, former Commissioner General Nishantha Weerasinghe has been arrested for granting approval to issue a number plate for a jeep.

Additionally, a former Assistant Director of Information Technology at the department and a clerk have also been taken into custody for facilitating the illegal data entry and executing it.

The suspects were produced before the Colombo Magistrate’s Court and were ordered to be remanded until July 08.

Continue Reading

News

Ex-Immigration Controller pleads guilty

Published

on

By

Controller of Immigration and Emigration – Harsha Illukpitiya, today (July 01) unconditionally pleaded guilty before the Supreme Court in a case related to contempt of court.

The charge stemmed from his failure to comply with a court order related to the e-visa issuance process.

 The Supreme Court announced that sentencing will take place on July 24.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved