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China – SL Foreign ministers meet
Chinese State Councilor and Foreign Minister Qin Gang met with Ali Sabry, Sri Lankan Minister of Foreign Affairs, in Beijing on Sunday.
Qin said China and Sri Lanka have respected and supported each other since establishing diplomatic ties, setting a good example of friendly exchanges and win-win cooperation between countries of different sizes. He called on the two sides to fully implement the important consensus reached by the leaders of both countries, enhance high-level and people-to-people exchanges, and promote the joint construction of a high-quality Belt and Road.
Qin added that China will continue to provide assistance to Sri Lanka’s economic and social development and the improvement of people’s livelihood to the best of its capacity.
Hailing China as a great friend and important partner in development, Sabry said Sri Lanka treasures the selfless assistance provided by the Chinese government and people to its national independence and economic development, and thanks China for its valuable support for Sri Lanka in handling the debt issue and overcoming temporary difficulties.
Sri Lanka will continue to firmly uphold the one-China policy, ensure the construction of the Belt and Road, work in close coordination with China on multilateral occasions, and promote the further development of bilateral ties, Sabry added.
The two sides also exchanged views on international and regional issues of common concern. Qin said in the face of complex and volatile circumstances, China will work with other countries to safeguard regional and world peace, stability and prosperity and build a community with a shared future for humanity.
(Xinhua)
News
PNB seize over Rs. 280 mn. in biggest drug money bust
News
Energy Ministry differs on electricity tariffs (Update)
Hours after the Public Utilities Commission of Sri Lanka (PUCSL) announced a 20% average reduction in electricity tariffs effective from midnight today (Jan. 17), the Energy Ministry has stated that the tariff revision would be implemented only upon receiving approval from the Finance Ministry.
In a media release, the Ministry has said that the proposals should be first officially received and thereafter they would need Finance Ministry advice.
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(Previous News : January 17, 2025 3.05pm)
Electricity tariffs slashed by 20%
The Public Utilities Commission of Sri Lanka (PUCSL) has decided to slash electricity tariffs by an overall average of 20 percent.
The tariff reduction will affect all consumer categories and will come into effect from midnight today (Jan. 17).
The PUCSL’s proposed reductions are as follows;
- Domestic tariff – reduced by 20%
- Places of worship – reduce by 21%
- Hotels – reduced by 31%
- Industries – reduced by 30%
- Government Institutions – reduced by 11%
Electricity tariffs reduction (Domestic)
- 0-30 units reduced by 29%
- 31-60 by 28%
- 61-90 by 19%
- 91-180 by 18%
- More than 180 by 19%
BIZ
SL – China currency swap agreement, renewed
PNB seize over Rs. 280 mn. in biggest drug money bust
Energy Ministry differs on electricity tariffs (Update)
SL – China currency swap agreement, renewed
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