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Govt. to implement Trade Adjustment Program

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The President emphasized on the need to gradually liberalize the service sector to attract Foreign Direct Investment into the country and to take steps to gain membership in the Regional Comprehensive Economic Partnership (RCEP).

President Ranil Wickremesinghe made these remarks during his meeting with the officers of the National Trade Negotiations Committee at the Presidential Secretariat on Friday (04).

The President instructed the officers at length about free trade negotiations as well as the future outlook of international trade and on aligning policy priorities in this regard.

He further stated that in parallel to the expansion of international trade activities, the government will implement a Trade Adjustment Program to support the local industries to further adjust with competition.

Access to regional and global supply chains and re-engagement with the global economy to enhance export and export-oriented foreign direct investment is an element of the government’s economic reform program to revitalize the domestic economy.

Accordingly, while further penetrating into the main export markets of USA and Europe, the government is currently engaged in an effort to establish comprehensive free trade agreements targeting large and emerging economies in order increase exports.

For this purpose, the government has taken steps to establish a National Trade Negotiation Committee (NTNC) and the main task of this committee is to revive the negotiations of free trade agreements with strategic importance to India, China and Thailand markets where large foreign direct investment and export potential is prevalent and local industries affected by the economic crisis can obtain capital inputs, raw materials and intermediate goods at a lower cost.

The Secretary to the President and the Secretary of the Ministry of Trade, Commerce and Food Security as well as officials from the Ministry of Foreign Affairs, the Attorney General’s Department, the Treasury, and the Department of Commerce and senior officials from the line Ministries and several others attended this meeting.

President Media Division (PMD)
06.11.2022

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Armed gang robs Police OIC’s house

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An armed gang came in motorcycles ransacked a residence of an Officer In-Charge (OIC) of the Kalutara North Police this afternoon.

Police said the armed gang which broke into the house of the OIC, inspector Nishan Kumara of the minor complaints unit of Kalutara North at Welipenna reportedly stole two mobile phones and gold jewelry and fled.

The IP was not at home at the time of the robbery, but his wife who was at home was attacked by the robbers.  She was injured in the attack.

It was reported that robbers were carrying T-56 firearm.

Several police teams are investigating the incident.

(dailymirror.lk)

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Schoolboy dies after drowning in swimming pool

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A 14-year-old schoolboy who was swimming in the swimming pool in a hotel at Boralassa, Wennappuwa had drowned.

Police said the victim, a grade 10 schoolboy from Galagedara and was studying in a school in Sandalankawa.

It has been revealed that the schoolboy was swimming in the pool with fellow students while on an excursion with a group of 80 schoolchildren from a tution class in Makandura.

The Wennappuwa Police are conducting further investigations.

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Applying for passports online from next year

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The Immigration and Emigration Department has planned to accept applications to issue passports online starting in January next year, the department’s IT controller Champika Ramawickrama said.

Through the program, an applicant will be able to submit his/her application to the department from the comfort of his home.

He went on to say that the applicant only needs to come to the department to attend to biometric formalities, such as finger prints.

For that, the department has decided to establish 50 front offices counters in each district to obtain fingerprints, Ramawickrama said.

He stated that 50 Divisional Secretariat Offices were chosen from each district for this purpose.

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