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FTA to be signed as Thai PM to visit SL

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Prime Minister of the Kingdom of Thailand – Srettha Thavisin will undertake a two-day official visit to Sri Lanka from 03 – 04 February 2024 at the invitation of Sri Lankan President Ranil Wickremesinghe. 

The Prime Minister will participate at the ceremony to mark the 76th Anniversary of Independence of Sri Lanka as Guest of Honour.

 During the visit, the Thai Prime Minister is scheduled to have official discussions with President Wickremesinghe, and witness the signing of the historic Sri Lanka – Thailand Free Trade Agreement (SLTFTA). 

The Free Trade Agreement will be signed by Deputy Prime Minister and Minister of Commerce of Thailand – Phumtham Wechayachai, and Minister of Trade, Commerce and Food Security of Sri Lanka – Nalin Fernando.

The SLTFTA is expected to boost trade and investment ties between the two countries and promote deeper integration with ASEAN economies. Additionally, the two sides are expected to renew the Air Services Agreement and conclude a Memorandum of Understanding between the Gem and Jewellery Research and Training Institute of Sri Lanka and The Gem and Jewelry Institute of Thailand.
A Sri Lanka- Thailand Business Forum organized by the Department of International Trade Promotion and Department of Trade Negotiations of the Ministry of Commerce of Thailand and the Department of Commerce and the Ceylon Chamber of Commerce of Sri Lanka will also take place at the Kingsbury Hotel during the visit.

The Thai Prime Minister will be accompanied by a 39 member delegation including Hon. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce, Hon. Jakkapong Sangmanee, Deputy Minister of Foreign Affairs of Thailand and a top-level business delegation.

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Members Appointed to the Port City Economic Commission

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President Anura Kumara Dissanayake has appointed members to the Colombo Port City Economic Commission.

The appointment letters were presented today (13) by the Secretary to the President, Dr. Nandika Sanath Kumanayake at the President’s Office.

Harsha Amarasekara PC has been named Chairman of the Commission.

Damian Amal Cabraal, Mohan Ray Abeywardena, Sanjay Kulatunga, and Dr. Harsha Subasinghe have also been appointed as members of the Commission.

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Parliament to meet on Tuesday, Wednesday

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Parliament will meet only on Tuesday and Wednesday (17 and 18), said Secretary General of Parliament Kushani Rohanadeera. The Parliamentary business with regard to that week was decided at the Committee on Parliamentary Business held on December 6 under the chairmanship of the Speaker.

Parliament will meet at 9.30 a.m. on Tuesday (17) and the time from 9.30 a.m. to 10.30 a.m. has been allotted for Questions for Oral Answers.

Thereafter, from 10.30 a.m. to 2.00 p.m., the supplementary estimate for providing an allowance for schoolchildren to obtain stationery and the supplementary estimate for allocating provisions for road projects for 2024 will be taken up for debate and it was decided to continue the debate on Wednesday (18).

The Adjournment Motion (Opposition) on the “Restructuring of International Sovereign Bonds” is scheduled to be debated from 2.00 p.m. to 5.30 p.m.

Parliament will meet at 9.30 a.m. on Wednesday (18) and the time from 9.30 a.m. to 10.30 a.m. has been set aside for Questions for Oral Answers.

Thereafter, from 10.30 a.m. to 5.00 p.m., along with the debate on the two supplementary estimates adjourned the previous day, the debate on Regulations under the Imports and Exports (Control) Act, Order under the Foreign Exchange Act, Regulations under the Payment and Settlement Systems Act, Regulation under the Casino Business (Regulation) Act, Order under the Ports and Airports Development Levy Act, Regulations under the Colombo Port City Economic Commission Act will be held. All of these subjects are scheduled to be presented to Parliament in the afternoon and passed.

Thereafter, time has been allotted for Questions at the Adjournment Time (two questions) from 5.00 p.m. to 5.30 p.m.

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US officials’ visit enhanced diplomatic ties between two countries

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U.S. Assistant Secretary for South and Central Asian Affairs at the Department of State Ambassador Donald Lu, along with Deputy Assistant Secretary for Asia and the Pacific at the U.S. Department of the Treasury Robert Kaproth and Deputy Assistant Administrator of the Bureau for Asia at the United States Agency for International Development (USAID) Anjali Kaur recently concluded a visit to Sri Lanka. 

They engaged in discussions with President Anura Kumara Dissanayake, Prime Minister Dr. Harini Amarasuriya and Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath. 

The visit underscored the deepening diplomatic relations between Sri Lanka and the United States, highlighting a shared commitment to regional peace, economic cooperation, and democratic development.

The delegation met President Dissanayake and discussed Sri Lanka’s economic recovery, ongoing anti-corruption initiatives, and efforts to strengthen governance and democratic institutions. The President also outlined his vision for uplifting rural living standards and enhancing the quality of the public sector.

The delegation also held a meeting with Prime Minister Dr. Amarasuriya, where they engaged in discussions on economic recovery and education reforms.

The delegation conducted discussions with Foreign Affairs, Foreign Employment, and Tourism Minister on issues related to regional security, human rights, and multilateral cooperation. 

The Minister briefed the delegation of the third review under the International Monetary Fund (IMF) Extended Fund Facility (EFF) programme and assured Sri Lanka’s commitment to enhancing bilateral relations with all countries while maintaining a peaceful Indian Ocean region. 

He also commended the U.S. for its continued support extended to Sri Lanka. Deputy Assistant Administrator Kaur expressed the U.S.’s keen interest in tailoring future USAID projects to suit the priorities of the Sri Lankan Government.

This visit serves as a testament to the deepening relationship between Sri Lanka and the United States, with both countries committed to fostering stronger ties in the years ahead across various sectors of mutual interest.

(DailyNews)

(This story, originally published by DailyNews has not been edited by SLM staff)

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