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Sri Lanka to head Indian Ocean body for two years

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Sri Lanka is to assume the chairmanship of the Indian Ocean Rim Association (IORA) next Wednesday following a high-level meeting of the Council. More than a dozen member states, represented by both foreign ministers and senior ministerial delegations, will attend the meeting.

Foreign Minister Ali Sabry will chair the Council when the current chair, Bangladesh Foreign Minister A.K. Abdul Momen, hands over the chairmanship.

Foreign ministers or senior ministers of IORA members and Dialogue Partners will arrive in Sri Lanka next week for the 23rd IORA Council of Ministers, which Sri Lanka is hosting on Wednesday in Colombo.

The Council of Ministers meeting in Colombo will see the participation of sixteen Ministers. They include Bangladesh Foreign Ministers of A.K. Abdul Momen, Indian External Affairs Minister S. Jaishankar, Iran’s Foreign Minister Hossein Amir-Abdollahian, Maneesh Gobin (Mauritius), Dato Seri Diraja Zambry Abdul Kadir (Malaysia) and Dr (Mrs) Naledi Pandor of South Africa.

Also attending will be ministers and senior-level officials from Australia, Comoros, France, Indonesia, Kenya, Madagascar, the Maldives, Mozambique, Oman, the Seychelles, Singapore, Somalia, Tanzania, Thailand, the United Arab Emirates, and Yemen (member countries). Dialouge Partners China, Egypt, Saudi Arabia, Germany, Italy, Japan, South Korea, Russia, Turkey, the United Kingdom, and the United States of America will also be represented.

The Council of Ministers is the highest decision-making body of IORA.

The Council will be preceded by the 25th meeting of the Committee of IORA Senior Officials (October 9–10), which will be chaired by Foreign Secretary Aruni Wijewardane.

The Indian Ocean Rim Association (IORA), established in 1997, is an intergovernmental organisation of states on the rim of the Indian Ocean. Its membership spans Africa, West Asia, South Asia, Southeast Asia, and Oceania.

IORA’s membership has expanded to 23 states and 11 dialogue partners. Sri Lanka will assume the chairmanship of IORA from 2023 to 2025 at the 23rd Council of Ministers’ Meeting.

The ministers will deliberate on ways to cooperate in the six priority areas identified by the association. They include trade and investment; maritime safety and security; fisheries management; disaster risk management; and the blue economy, among others, the Foreign Ministry said in a statement.

They will be guided by recommendations to be made by the 25th Committee of IORA Senior Officials.

The visiting ministers will also make a collective call on President Ranil Wickremesinghe and hold bilateral discussions with Sri Lankan Foreign Minister Ali Sabry and other ministers during their stay in Sri Lanka, according to the ministry.

(dailymirror.lk)

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Qatar, Kuwait, Bahrain close airspaces

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Iran has launched missiles at a US airbase in Qatar in response to strikes on its nuclear sites on Saturday.

Qatar confirms the attack on the US-run Al Udeid base, calling it a “flagrant violation” and says it reserves the right to respond directly.

The country has temporarily closed its airspace and US and UK citizens have been advised to shelter in place.

Meanwhile, Kuwait and Bahrain have also closed their respective airspaces.

(Agencies)

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China offers openness to all South Asian countries – Kusal Perera (Video)

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The 9th China-South Asia Expo, which opened on June 19 in Kunming, China, will conclude tomorrow (June 24).

This year’s event held under the theme “Solidarity and Coordination for Common Development, has attracted over 1,400 companies from 54 countries and regions, with Sri Lanka as the Guest of Honour country and Thailand as the special partner nation.

China-Sri Lanka bilateral trade reached a record high of USD 5.36 billion in 2024, representing a 13.4% year-on-year increase. This makes Sri Lanka China’s fastest-growing trade partner in South Asia.

The Sri Lankan pavilion was officially declared open by Sri Lanka’s Minister of Trade and Commerce – Wasantha Samarasinghe and Deputy Minister of Foreign Affairs and Foreign Employment – Arun Hemachandra, who jointly led the country’s high-level delegation to the prestigious regional event.

CGTN’s Ms. Li Qiuyuan spoke with Mr. Kusal Perera, a political analyst and writer for ‘Sri Lanka Mirror’, about his expectations for the expo.

Speaking, Mr. Perera said that Sri Lanka needs to see how the ‘export basket’ can be diversified from the traditional export goods such as tea, in order to make the most of this platform to boost bilateral trade and engagement with China.

When asked which emerging areas such as energy transformation, digital economy and low carbon development seem to be the most promising for the island nation, Mr. Perera highlighted the importance of a combination of energy, technology and environment. “But in the process, we also have to have our national economy planned to accommodate all that,” he emphasised, adding that it will be a long process for Sri Lanka.

He further commented : “I see China opening up instead of getting into protectionism like Europe. It’s basically the second largest economy in the world… still expanding… still improving… still developing…”

China’s economic openness for all South Asian countries is a huge opportunity in a global economy that now retreats with regulated and protected markets. Protectionism would not be a catalyst for economic growth. We in South Asia have to be open too. China is already open and its economy is growing on global trade. It’s their openness that has taken them everywhere” he adds.

(Video : CGTN)

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Fresh probe into Shiranthi’s bank account

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Deputy Minister of Public Security and Parliamentary Affairs – Attorney-at-Law Sunil Watagala has informed Parliament that a renewed investigation is underway into a fraudulent bank account allegedly maintained by Shiranthi Rajapaksa, wife of former President Mahinda Rajapaksa.

He stated that a fake account titled ‘Siriliya Saviya’ had been opened in her name and that the mandate form related to the ‘Siriliya’ Organization’s bank accounts had been fraudulently removed from the bank.

The Minister further revealed : 

The account, now suspended, was opened on November 14, 2006, at the People’s Bank, Suduwella Branch, Darley Road, Colombo 10, under account number 143/1/001/4/6235069. Shiranthi Rajapaksa is listed as the chairperson of the account, with Kalyani Dissanayake as secretary and Nirosha Jeevani as treasurer.

The account currently holds a balance of Rs.43 million. Records indicate that Rs. 82,900,088 had been deposited on 88 occasions, while Rs.39,015,656 had been withdrawn on 129 occasions. Additionally, a fixed deposit of Rs.10 million had been opened under the name ‘Siriliya’.

The Financial Crimes Investigation Division (FCID) has resumed investigations into the matter.

Deputy Minister also mentioned several other questionable financial transactions involving the Rajapaksa family, such as ;

  • Rs.152 million allegedly obtained by CSN (Carlton Sports Network) from the Treasury.
  • Rs.35 million obtained by Gotabaya Rajapaksa from the Urban Development Authority to build a memorial for his parents.
  • Rs.208 million used by Basil Rajapaksa to purchase a house in Malwana.

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