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SL gets new Chief of Staff

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Ranil Wickremesinghe, the President and Commander – in – Chief of the Armed Forces of Sri Lanka appointed Rear Admiral Pradeep Rathnayake as the Chief of Staff of Sri Lanka Navy effective from 16th January 2024. Commander of the Navy, Vice Admiral Priyantha Perera formally handed over the letter of appointment in this regard to Rear Admiral Pradeep Rathnayake at the Navy Headquarters today (Feb. 21) and expressed his best wishes

Rear Admiral Pradeep Rathnayake is a distinguished past pupil of St. Thomas’ College, Matale. He joined the Sri Lanka Navy in 1987 as an Officer Cadet of 17th intake, in the Executive branch. On successful completion of his basic training from the Naval and Maritime Academy, Trincomalee, he was commissioned as a Sub Lieutenant in 1989. The senior officer completed his Sub Lieutenant Technical Course at the Naval and Maritime Academy in 1992 and specialized in Marine Navigation from the Indian Navy in 1997. Advancing steadily in his professional journey, the senior officer reached the rank of Rear Admiral on 01st July 2021.

He followed his Staff Course at the prestigious US Naval War College in 2005 and obtained his Master’s Degree in Maritime Policy from the University of Wollongong, Australia in 2017. In addition, he followed the National Defence Course (NDC) in Military Science and Security Studies at the National Defence University of China and was conferred an MSc. Further, he followed the Regional Maritime Security Course at the Naval War College Goa, India in 2016.

In recognition of his noble service rendered to the motherland, Rear Admiral Rathnayake has been awarded Rana Wickrama Padakkama as well as Rana Sura Padakkama twice for his gallantry. Moreover, he has also been awarded the Uththama Sewa Padakkama (USP), for his unblemished character and devotion to the duty. Rear Admiral Rathnayake has been issued 04 Letters of Commendation by Commanders of the Navy for outstanding performance of the duty and exceptional contributions to the naval service.

Rear Admiral Pradeep Rathnayake has had the privilege of commanding various Fast Attack Craft, Ships and Establishments in the Sri Lanka Navy. Among some of the other appointments he held; Commodore Sea Training and Principal Merchant Marine Training School, Director Naval Policy and Plan, Commander Southeastern Naval Area, Commander North Central Naval Area and Director General Operations stood prominent.

Prior to being appointed as Chief of Staff of the Sri Lanka Navy, he was discharging duties as Deputy Chief of Staff at the Navy Headquarters. Further, the senior officer is a talented sportsman in Squash and a level 1 coach and an international referee in Squash as well.

(Source: Sri Lanka Navy)

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Fuel prices upped

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The Ceylon Petroleum Corporation (CPC) has announced a revision of fuel prices, effective from midnight today (June 30).

The price of Petrol 92 Octane has been increased by Rs. 12 to Rs. 305 per litre, while the price of Kerosene has been increased by Rs. 07 to Rs. 185 per litre. The price of Auto Diesel has also been increased by Rs. 15, bringing it to Rs. 289 per litre.

However, the prices of Petrol 95 Octane and Super Diesel remain unchanged, according to Ceypetco.

The new fuel prices are as follows:

• Petrol Octane 92 – Rs. 305 (increased by Rs. 12)
• Auto Diesel – Rs. 289 (increased by Rs. 15)
• Kerosene – Rs. 185 (increased by Rs. 7)
• Petrol Octane 95 – Rs. 341 (not revised)
• Super Diesel – Rs. 325 (not revised)

Meanwhile, Lanka IOC has also revised retail fuel prices to match Ceypetco prices.

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“Sri Lanka, only Asian country currently holding talks to revise Trumps’ tariffs”

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Sri Lanka is the only country in the Asia region currently holding discussions with officials in the United States to revise the tariffs introduced by US President Donald Trump earlier this year, according to Minister of Labour and Deputy Minister of Economic Development Prof. Anil Jayantha Fernando.

Joining the Parliamentary debate today (30), where MPs are debating the fiscal strategy statement of the government, the Deputy Minister of Economic Development stated that they are hopeful the government will be able get a better deal from the US regarding the 44% tariff imposed earlier this year.

A Sri Lankan delegation last month held discussions in Washington, D.C., focusing on tariff-related matters, following an invitation extended by the Office of the United States Trade Representative (USTR).

The reciprocal tariffs imposed by United States President Donald Trump has been paused for 90 days at present.

Deputy Minister of Economic Development Prof. Anil Jayantha Fernando in Parliament stated that the government will take all steps within their powers to reduce the tariffs imposed by the US which will have a major bearing on many local industries.

The Deputy Minister while the government is taking such important steps to safeguard local companies, the opposition is only focused on jeopardizing the work of the present administration

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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Indian officials extend US visit to iron out trade deal, sources say

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Officials from India will extend their Washington visit to try to reach agreement on a trade deal with U.S. President Donald Trump’s administration and address lingering concerns on both sides, two Indian government sources said on Monday.

Trade talks between India and the U.S. have hit roadblocks over disagreements on import duties for auto components, steel, and farm goods, ahead of Trump’s July 9 deadline to impose reciprocal tariffs.

The Indian delegation had been expected to conclude discussions by last Friday, but was staying on until at least Monday evening to iron out differences and move towards an agreement, officials said, declining to be named as the discussions are private.

“There are certain disagreements over opening up the agriculture and dairy sectors, though India has offered tariff concessions on 90% of tariff lines. A final call will be taken by the political leadership of the two countries,” one of the government sources said.

“The Indian delegation could stay for another one to two days if discussions continue,” the second source said.

India’s commerce ministry and the U.S. Trade Representative Office did not immediately respond to requests for comment.

Agriculture and dairy are “big red lines” for India in its ongoing trade negotiations with the U.S., Finance Minister Nirmala Sitharaman told the Financial Express newspaper in an interview published on Monday.

“Yes, I’d love to have an agreement, a big, good, beautiful one; why not?” Sitharaman said, adding that an early conclusion of the trade deal would serve India better.

Trump said last week that America was going to have a “very big” trade deal with India, but gave no details.

(Reuters)

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