Connect with us

News

SL – Thai FTA : 5th round of talks begin

Published

on

The 5th Round of Sri Lanka-Thailand Free Trade Agreement (SLTFTA) negotiations commenced in Colombo this morning (26), aligning with President Ranil Wickremesinghe’s vision of strengthening economic ties with major and emerging economies, with a particular focus on ASEAN countries.

 Mr. K.J. Weerasinghe, the Chief Negotiator, International Trade Office (Leader of SL delegation), expressed satisfaction with the progress of the Free Trade Agreement discussions, which are proceeding according to the agreed-upon timeline. The next round of negotiations is scheduled to take place in Thailand from August 21st to 23rd, 2023. Three additional rounds are planned to conclude the Agreement by February 2024, with the signing expected to occur in March 2024.

During the opening session at the Taj Samudra Hotel in Colombo, Mr. Weerasinghe welcomed the SLTFTA delegation and emphasized the Sri Lankan Government’s objective of integrating into the global economy. Sri Lanka aims to expand its economic reach first within South Asia and then extend further eastward to become a part of the Regional Comprehensive Economic Partnership (RCEP). Sri Lanka will formally request the member countries of RCEP to support its application. Given Thailand’s active participation in both ASEAN and RCEP, Sri Lanka will seek Thailand’s support in joining RCEP.

The Director General of the Department of Trade Negotiations and Chief Negotiator of Thailand, Ms. Arumon Supthaweethum, participated in the negotiations virtually. The Thai delegation, including H.E. Ambassador of Thailand in Sri Lanka Poj Harnpol, and the Sri Lankan delegation, including Mrs.Kshenuka Seneviratne Senior Advisor to President on International Media, Mrs. Chandani Wijayawardana Senior Additional Secretary to the President, Mr. K.J.Weerasinghe Chief Negotiator, International Trade Office (Leader of SL delegation), Mrs. S.W.C. Jayamini Additional Secretary to the President (Deputy Chief Negotiator) also attended the event. The 5th round of discussions is scheduled to conclude on Wednesday (28).

(President’s Media Division)

News

“14.3% Surge in new HIV infections in 2023, reveals national program”

Published

on

By

The National Sexually Transmitted Diseases and AIDS Prevention Program states that the reporting of new HIV infections has increased by 14.3 percent.

This is higher in 2023 compared to 2022, director, Dr. Janaki Vidanapathirana, community medicine specialist said.
She said that last year, 694 new HIV infected people were identified, most of them were men, and the number is 611, which as percentage is 88%. Last year, 81 HIV infected women were reported, which is 11.7 percent as a percentage. It is also
reported that there are 4100 infected people in society.

Continue Reading

News

Sri Lanka to Host Digital Economy Summit in July

Published

on

By

The State Minister for Technology, Mr. Kanaka Herath, announced that the anticipated National Cyber Security Act will be introduced this year, followed by the establishment of the Cyber Security Authority.

Additionally, the State Minister underscored the preparations made for the Digital Economy Summit scheduled to take place in Sri Lanka by the end of July. The summit serves as a platform for fostering innovation, collaboration, and investment in digital technologies, thus propelling the country towards a more resilient and prosperous digital economy.

Speaking at a press briefing titled “Collective Path to a Stable Country” held at the President Media Centre (PMC) today (29),

State Minister Herath further said;

The digital economy, which previously stood at 4.73%, has now surpassed the 5% mark, indicating significant growth.

This expansion has notably bolstered the country’s overall economic resilience. To further enhance this momentum, preparations are underway for the Digital Economy Summit scheduled to take place in Sri Lanka at the end of July. The summit aims to attract both local and foreign investors, with collaborative efforts from foreign embassies, the Ministry of Foreign Affairs, and the Ministry of Investment Promotion facilitating this initiative.

Furthermore, a sum of Rs. 50 million derived from the profits of Sri Lanka Standards Institution (SLSI) was allocated to the treasury in the previous year. In line with President Ranil Wickremesinghe’s proposal, a new initiative has been launched to uplift small and medium-sized industrialists, who constitute 52% of the country’s economy. This endeavour seeks to empower such enterprises technologically, offering them Good manufacturing practice (GMP) and SLSI certifications. Additionally, plans are underway to facilitate access to low-interest loans through the Asian Development Bank (ADB), with the ultimate goal of guiding these small and medium-sized industrialists into the market.

(dailynews.lk)

Continue Reading

News

SC quashes Cabinet decision granting Paget Road residence to Maithripala

Published

on

By

The Supreme Court on Thursday (29 Feb.) quashed the Cabinet decision allowing former President Maithripala Sirisena to occupy his official residence at Paget Road in Colombo 07 even after he left office.

Accordingly, the court stated that an order will be issued invalidating the Cabinet decision taken on 15 October 2019 in this regard.

The relevant court order was issued by Supreme Court Justice Priyantha Jayawardena, with the concurrence of Justices Gamini Amarasekera and Kumudini Wickremasinghe, upon consideration of a Fundamental Rights (FR) petition filed by the Centre for Policy Alternatives (CPA) and its Executive Director Dr. Paikiasothy Saravanamuttu.

The petition further sought a court order stating that former President Sirisena had violated several fundamental rights of the public by taking decisions pertaining to his own privileges and rights during his tenure as the President, thereby making him the head of the Cabinet of Ministers.

Announcing the verdict, Supreme Court Justice Priyantha Jayawardena highlighted that the relevant Cabinet decision made by Sirisena was, in fact, unlawful, given that he was both, the President and the head of the Cabinet of Ministers at the time the decision in question was taken.

In their petition, the CPA and Dr. Pakiasothy Saravanamuttu claimed that the residence in question is of great financial value to the country, and thereby stated that such an allocation for a former President was irrational, illegal and arbitrary, and also violated several fundamental rights of the country’s citizens including that of the right to equality.

(adaderana.lk)

Continue Reading

Trending

Copyright © 2023 Sri Lanka Mirror. All Rights Reserved