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Sri Lanka hopeful of starting tea-for-oil barter with Iran in July

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Sri Lanka is reportedly set to start bartering tea to Iran next month in lieu of USD250 million owed for oil, as the country tries to lift sales to a key market and protect the forex reserves.

The barter was agreed in 2021 for oil imported in 2012, but the exchange was delayed after Sri Lanka’s unprecedented dollar shortage last year plunged the economy into its worst financial crisis in more than seven decades.

Speaking to the Reuters News Agency, Sri Lanka Tea Board Chairman Niraj de Mel has said the programme is a timely initiative as the country will get access to an important market and both Iran and Sri Lanka can trade without relying on dollars.

Chairman Niraj de Mel has said the agreement was to send USD5 million worth of tea each month for 48 months but initially it will be around USD 2 million per month.

Globally popular Ceylon Tea is Sri Lanka’s highest foreign exchange-earning crop, brewing USD 1.25 billion for the country last year, according to government data.

Iran has been one of Sri Lanka’s main tea buyers but exports have fallen steadily from USD 128 million in 2018 to USD 70 million last year as U.S. sanctions on Iran hit trade.

A significant share of Sri Lanka’s tea is now shipped to Iran via the United Arab Emirates (UAE), official data shows, with the UAE more than doubling its tea imports from Sri Lanka to USD 118 million last year from USD 48 million five years ago.

Under the barter programme, the Ceylon Petroleum Corporation that bought the oil will give rupees to the Tea Board to ship tea via Sri Lankan exporters.

Iranian tea importers will then pay riyals to the National Iranian Oil Company.

Chairman de Mel added that, “We are awaiting the final documents and hope to start exports from July.”

Sri Lanka’s foreign exchange reserves grew to USD 3.5 billion at the end of May – a 14-month high – helped by increased remittances and tourism inflows after securing a USD 2.9 billion bailout from the International Monetary Fund.

Source: Reuters

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ePassport personalization tender deadline extended again

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The Department of Immigration and Emigration (DIE) has granted a second extension to bidders for its tender to personalise ePassports.

This is not due to a lack of interest but rather because of an overwhelming number of parties vying for the Rs. 5.5 billion contract, official sources said.

The successful bidder must implement a two-key encryption solution that will allow the Sri Lankan passport’s unique public key infrastructure (PKI) to be lodged with the International Civil Aviation Organisation’s (ICAO) public key directory (PKD) for access by immigration authorities worldwide.

Bids will now close on July 30. The first deadline of June 23 was extended to July 23. A pre-bid meeting was held at which a large number of questions from prospective bidders were answered.

However, the tender continued to attract queries. A few bid conditions have changed, and the date for submissions was delayed twice. The latest set of clarifications by the DIE runs into 15 pages.

For instance, the original requirement was for the bidder to have delivered or have in operation at least two ePassport personalisation solutions supported by reference letters; the minimum value of each project must not be less than US$15 million, and the projects must have been completed or operational within the last five years prior to the bid submission deadline. This has been amended to one ePassport personalisation solution with a minimum value of not US$15 million but US$10 million.

A separate procurement for ePassport books was won by Thales DIS Finland OY and its Sri Lankan partner, Just In Time (JIT) Technologies (Pvt) Ltd. But 1,850,000 of that order is being delivered as ordinary machine-readable passports (MRPs) to tide over a severe shortage of travel documents caused by the tender being bungled.

The personalisation (PKI-PKD) solution was advertised as a separate procurement and is still open. Some consignments of MRPs are due to be delivered before the ePassports start arriving.

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

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US embassy – NDDCB conducts training to combat synthetic drug threat

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The U.S. Embassy in Sri Lanka, in collaboration with the National Dangerous Drugs Control Board (NDDCB), concluded a two-week regional training initiative focused on identifying and analyzing synthetic drugs and new psychoactive substances, particularly fentanyl and its analogs – substances that have become an urgent global concern. 

The training culminated in a formal handover ceremony of drug testing equipment, where U.S. Deputy Chief of Mission Jayne Howell, Deputy Minister of Public Security and Parliamentary Affairs Sunil Watagala, and NDDCB Chairman Dr. Indika Wanninayake presided over the presentation of the Radian ASAP instrument to Sri Lankan authorities. 
As part of the U.S. Department of State-funded regional initiative, Upgrading Forensic Lab Capabilities, the Bureau of International Narcotics and Law Enforcement Affairs (INL) has partnered with the Colombo Plan to strengthen synthetic drug detection across South Asia. Forensic professionals from Sri Lanka, Maldives, Bangladesh, and Nepal participated in two weeks of intensive classroom and hands-on training in Colombo to prepare for the installation of advanced drug detection equipment in their national laboratories. 

Each country will receive a Radian ASAP drug testing machine—a compact, cutting-edge system designed for rapid, high-confidence screening of synthetic substances in under a minute. Requiring no complex sample preparation, this technology is ideally suited to detect emerging drug threats efficiently and bolster regional forensic capabilities. 

This initiative aligns with broader U.S. efforts to disrupt the supply chains of synthetic opioids worldwide, reflecting recent White House executive actions taken to combat the global spread of fentanyl. In the United States, these substances have been declared a national emergency, with focused measures to block precursor chemicals and hold illicit producers accountable. 

During the handover ceremony of the drug testing equipment, U.S. Deputy Chief of Mission Jayne Howell stated: “The United States is confronting the fentanyl crisis at home and abroad because the threat knows no borders. That’s why we’re investing in regional partnerships like this one—to stop synthetic drugs before they take hold. Through this initiative, we’re not only sharing advanced tools and training, we’re reinforcing a shared commitment to public health and regional security. This work reflects broader U.S. efforts to disrupt global synthetic opioid supply chains and protect communities across the Indo-Pacific.” 

Equipment donations to labs in Maldives, Bangladesh, and Nepal are scheduled to follow. The U.S. remains committed to strengthening the region’s ability to detect and disrupt synthetic drug flows through technical cooperation and capacity building.

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SLTB to recruit female drivers and conductors

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The Sri Lanka Transport Board (SLTB) is to recruit drivers and conductors on a contract basis, the state owned ‘Daily News’ reports.

According to the report, there are 425 vacancies for male drivers and 25 female drivers will also be recruited.

There are 275 vacancies for male conductors and 25 female conductors will also be recruited compulsorily, the report adds.

The report further notes : 

This endeavour aims to strengthen the public transport service, which is currently operational with over 25,000 employees in 107 depots across the country. A newspaper advertisement was published yesterday with the deadline for applications being July 31.
Applicants are required to present their original School Leaving Certificate (Student’s Progress Report) and other educational certificates at the interview.

The SLTB emphasised that incomplete or non-compliant applications will be rejected.

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