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SL to set up International Trade Office

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On the directions of President Ranil Wickremesinghe, the Government decides to reorganize the existing conventional institutional set-up and newly establish the International Trade Office (ITO) to interconnect all the relevant institutions and synergize their work to obtain maximum output from the external trade sector to the National Economy.

Realizing the untapped economic potential of trade and investment via linking with regional and global value chains is a major element of the Government’s economic revival programme. Towards this end, the ambition is to first integrate into South Asia and then expand to the east; China, Thailand and Indonesia linking to the Regional Comprehensive Economic Partnership (RCEP) which consists of 30% of the world’s GDP, trade and population.

To achieve this overarching objective, there is no alternative but to formulate a strong institutional structure to manage Sri Lanka’s presence in international trade while removing the existing compartmentalization of trade-related institutions and eliminating the gaps in the approaches taken by multiple institutions. The Government has decided to reorganize the existing conventional institutional set-up and newly establish the International Trade Office (ITO). ITO will interconnect all the relevant institutions and synergize their work to obtain the maximum output from the external trade sector to the National Economy.

The ITO, once it is established through an Act of Parliament will be headed by an Ambassador of International Trade, supported by an eminent group of advisors who has expertise in international trade and the core structure of the institution will consist of designated officers from all the relevant institutions attached to it. The National Trade Negotiation Committee which undertakes the Free Trade Negotiations will also be an integral part of the ITO. As announced in the 2023 Budget Speech, the ITO will initially be established under the Ministry of Finance and subsequently, it will be amalgamated into the Ministry of Foreign Affairs to implement Sri Lanka’s foreign trade development policy across the world with enhanced and effective coordination.

Until the establishment of the ITO is fully completed, the core staff of the institution have been built up at the Presidential Secretariat immediately to start functioning. Accordingly, taking immediate measures to operationalize Sri Lanka – Singapore FTA (SLSFTA) which entered into force in May 2018 but has not been operationalized till now, will be the first task of the ITO. The Joint Committee set up in accordance with SLSFTA comprising designated officials from both countries will meet in January 2023 and finalize the modalities to agree on operationalization.

In parallel, by next January the ITO will resume negotiations of the three FTAs with India, China and Thailand. The Chief Negotiator and the National Trade Negotiation Committee (NTNC) comprising Sub Committees on specific areas have been appointed by the Cabinet for this task. In parallel, the government plans to resume negotiation of the three FTAs with India, China and Thailand. The 12th round of negotiations with India, the 7th round of negotiations with China and the 3rd round of negotiations with Thailand will be held during the first two months of 2023. It is planned to complete these negotiations possibly within the next year. Stakeholder consultations will be held with relevant Chambers/associations before and after of every round of negotiation to make them aware of the status of negotiations as they are the ultimate beneficiaries of the FTAs with enhanced market access. Already, the first stakeholder awareness programme was held on Nov 17 of 2022. Moreover, simultaneous actions will also be taken through this office to revive the PTA negotiations with Bangladesh and Indonesia.

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Police security for former President Ranil Wickremesinghe to remain unchanged

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Police Spokesman DIG Nihal Thalduwa confirmed that the security detail for former President Ranil Wickremesinghe, which includes 50 Special Task Force (STF) personnel, will remain unchanged. 

The number of personnel required for his security will be reviewed and adjusted as necessary in the near future.

(adaderana)

(This story, originally published by adaderana has not been edited by SLM staff)

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Government suspends meetings for statutory boards and state institutions

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The government has announced the suspension of meetings for statutory boards and other state institutions, with Prime Minister’s Secretary Pradeep Saputhanthri stating that no administrative decisions should be made during this period. 

Some boards have already appointed new chairpersons, while others will see suitable appointments by the relevant ministers in the future.

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President vows to expedite Easter Sunday attack investigations, ensure justice for victims

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President Anura Kumara Dissanayake announced that the investigations into the Easter Sunday attacks will be expedited, and steps will be taken to ensure that such a tragedy never occurs again in the country. He assured that justice will be delivered to the victims.

The President made these remarks during a discussion held today (06) at St. Sebastian’s Church in Katuwapitiya, Negambo, with the families of those killed and injured in the Easter Sunday attack.

President Anura Kumara Dissanayake visited the church during the morning and laid floral tributes at the memorial established in honor of the victims. To mark the occasion, a commemorative gift was also presented to the president.

During the discussion the President met with the families of the victims, who shared their concerns and difficulties with him directly. He highlighted that the Easter Sunday Attack which happened on 21st April 2019 was the most tragic disaster in the recent past and that it will not be allowed to be buried with time.

President Anura Kumara Dissanayake expressed his belief that one of the key factors influencing the people’s decision in the last presidential election was their hope for justice concerning the Easter Sunday attacks.

He emphasized that the aspirations of the citizens align with his own, stating that his goal is to deliver the justice and fairness the people seek in relation to the Easter Sunday attack. He assured that efforts have already begun to achieve this.

The President also stressed the importance of conducting the investigation without any preconceived conclusions or biases. He instructed the Secretary to the Ministry of Public Security to ensure a transparent and impartial investigation, guided by openness and objectivity.

President Anura Kumara Dissanayake acknowledged that there is a widespread belief in society that the Easter Sunday attacks may have been carried out to gain political mileage. He stated that if hundreds of innocent lives were sacrificed for political purposes, it would be a profound tragedy. He emphasized that if politics in the country has reached such an extreme, the first priority must be to eliminate this dangerous situation.

The President also highlighted growing suspicions that the government apparatus at the time may have been involved in the attacks. If such allegations are true, he warned, the country would remain in a dangerously unstable and insecure state. Therefore, it is of utmost importance to uncover the truth behind these events, he emphasized.

Additionally, President Dissanayake stressed that justice must be delivered to the victims of the tragedy, which claimed the lives of nearly 274 people and left many others injured, to honor the love and devotion of their families.

He also expressed his deep appreciation for the role played by the priests, who helped prevent an even greater social catastrophe in the aftermath of the attacks. The President extended his gratitude to them once again for their efforts.

President Anura Kumara Dissanayake further stated that if the bonds, trust, and harmony within society are weakened, and people begin to view others with anger and suspicion, it would pose a serious threat to the well-being of the community. In light of this, he emphasized the need for a fair and transparent investigation into the Easter Sunday attacks.

The President also noted that for the past five years, those who gathered on the streets on April 21 were driven by a hope for justice, which sustained them year after year.

His Eminence Malcolm Cardinal Ranjith, Archbishop of Colombo, speaking at the event, shared that despite appealing to the Human Rights Commission in Geneva for justice for the Easter Sunday victims, no resolution has been achieved. He also pointed out that while the government has been working to provide necessary support to the victims, the public continues to question the true cause of the attack.

His Eminence Cardinal Ranjith expressed his belief in President Anura Kumara Dissanayake, acknowledging the trust the people of Sri Lanka have in him and appreciating his integrity. He added that he believes the President will deliver on the promise of justice. He further expressed his belief that the President will take action to hold those responsible for the Easter Sunday attack accountable and ensure justice is served.

Rev.Fr. Manjula Niroshan, the mission in charge of Katuwapitiya Church, along with a large number of Easter attack victims and devotees, attended the event.

(News1st)

(Except for the headline, this story, originally published by News1st has not been edited by SLM staff)

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