President Anura Kumara Dissanayake said yesterday that the talks between the Sri Lankan delegation and US officials regarding reciprocal tariffs have yielded positive results, and both nations are anticipated to issue a joint statement soon.
“Our delegation, including Deputy Finance Minister has engaged in discussions with the relevant US authorities. I have been informed that these discussions have been productive, and both parties are anticipated to issue a joint statement soon,” he said.
The Sri Lankan delegation departed for the United States to engage in discussions with the International Monetary Fund (IMF) regarding the Extended Fund Facility programme, as well as to have discussion with US government officials about the recent reciprocal tariffs placed on Sri Lankan exports to the United States.
Addressing an election rally in Ratnapura in support of the NPP candidates contesting the upcoming Local Government Election in the Ratnapura District, the President stated that his Government is committed to establishing a strong economy in the country. “Should the economy of our country falter as a result of decisions made by another country, or due to conflict or a pandemic occurring elsewhere, it indicates a lack of stability and independence in our economic system. Our objective is to establish an economy resilient enough to withstand such external challenges,” he said.
The President added that his Government has managed to stabilise the country’s economy to some extent following an unprecedented crisis, maintaining the value of the Sri Lankan rupee against the US dollar at Rs. 300 for the last six months.
“There are no shortages of goods and services in the country, and the rupee’s value has remained unchanged against the dollar for the past six months. This indicates that the economy is now stable,” he added.
The President noted that the year 2025 is expected to witness the highest influx of tourists to the country, and his Government is actively working on developing new tourist attractions, including Yapahuwa and Trincomalee.
“Anuradhapura City will be revitalised, emphasising the importance of our cultural, religious, and irrigation heritage, with assistance from the Indian government,” he added.
President Dissanayake noted that export revenues are anticipated to rise this year. The President remarked that the people made the NPP victorious as they wanted a change from an administration that had not fulfilled the public’s expectations for 70 years. “The people wanted to end this vicious political cycle,” he said.
Buddhasasana, Religious and Cultural Affairs Minister Prof. Hiniduma Sunil Senevi also spoke.
(dailynews.lk)
(This story, originally published by dailynews.lk has not been edited by SLM staff)
