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“Japan working hard to help SL to overcome economic crisis”

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Japan has reiterated that it is working hard to help Sri Lanka overcome the economic crisis.

During an interview with the Reuters News Agency, Vice Minister of Finance for International Affairs of Japan Masato Kanda has said Japan is working hard to help Sri Lanka, which is suffering its deepest economic crisis in 70 years, by coordinating with the Paris Club of creditor nations and the International Monetary Fund to ensure the participation of China and India in efforts to restructure the debt.

Referring to a Group of 20 mechanism designed to provide a swift and comprehensive debt restructuring for nations facing difficulty meeting debt obligations after the COVID-19 shock to their economies, Vice Minister Masato Kanda said, “It is desirable to work with these non-Paris Club countries in the same way with the Common Framework.”

“If this is realised, it would pave the way to carry out debt restructuring for other middle-income countries,” he has added.

The Vice Minister has stressed that crisis-hit Sri Lanka was a key issue when it came to helping countries in debt but he was not sure when creditors aiming to extend its loans would meet.

Meanwhile, Vice Minister Masato Kanda said Japan, as this year’s Group of Seven (G7) chair, expects Russia’s invasion of Ukraine to dominate talks this year among the world’s major advanced economies.

(Source : Reuters)

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Dhananjaya denies claims on refusal to bat at No. 7

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Sri Lankan cricketer Dhananjaya de Silva has refuted claims that he refused to bat at No. 07 position in tomorrow’s ODI match against New Zealand.

Tweeting, he said: “The story circulating in social media saying that I have refused to bat at No. 07 during tomorrow’s game is false, and I wish to state that I am a player who always stands with the team”.

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Ensure safety of Saliya Peiris – BASL

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In a letter to the Inspector General of Police, the Bar Association of Sri Lanka (BASL) has requested the police take necessary action to ensure the safety of the BASL President – Saliya Pieris.

The letter to the IGP relates to the protest that took place opposite the chamber of Saliya Pieris PC.

view the said protest seriously hinders his right to represent a client, a professional right which has been safeguarded by law,” the BASL said.

“Therefore, we strongly demand that you take action to ensure that Mr. Peiris’s professional duties as an Attorney-at-law, are not hindered and to ensure his safety,” the BASL added.

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Sri Lanka Gem and Jewellery exhibition held in Shanghai

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A Sri Lankan Gem and Jewellery Exhibition was held at The St. Regis Hotel in Shanghai between 22 to 23 March 2023 with the participation of Zam Gems Sri Lanka under the patronage of Sri Lanka Consulate General in Shanghai.

At the exhibition, Sri Lankan gems which included blue sapphires, pink sapphires (rubies), Alexandrite and Cat’s-eye Chrysoberyl were displayed. In addition, a variety of jewellery including necklaces, rings, earrings, bracelets which were crafted using above mentioned Sri Lankan gems and stones were also exhibited.

The Chairman of Shanghai Jade and Gem Exchange Simon Chan participated in the event with his team of officials and reputed Chinese buyers.  In addition, many other buyers across China, Gem and Jewellery traders, gem collectors, members of Shanghai Diplomatic Corp,  expatriates as well as other interested parties and visitors were present at the event.

Further, the Consulate used this opportunity to promote Sri Lanka tourism by displaying and distributing Sri Lanka tourism brochures among prospective gem buyers, members of Diplomatic Corp and visitors while responding to tourism related queries.

This event, which was the 01st Gem and Jewellery exhibition held in Shanghai in the aftermath of the opening up of Chinese borders (ending months long Covid-19 restrictions), proved to be a huge success.

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