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AUKUS threat to countries like Sri Lanka, says China’s Ambassador

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AUKUS, a trilateral security pact among Australia, the United Kingdom and the United States, would create a security risk for Sri Lanka and others in the region, Qi Zhenhong, Chinese Ambassador to Sri Lanka said in a statement.

He added that this move was a violation of the Non-Proliferation of Nuclear Weapons Treaty (NPT) which many countries entered into in the 1970s.

Zhenhong said that Australia’s construction of nuclear submarines violated the commitments it made when signing the South Pacific Nuclear Free Zone Treaty, and also will cause serious breaches in the efforts of ASEAN countries to build a nuclear weapon-free zone and the Indian Ocean to create a “Zone of Peace”. In addition, AUKUS attempts to engage in maritime hegemony, might lead to a new round of regional arms race, thus undermining the precious peace situation in the region and casting a shadow over the security, stability and prosperity in the region

“Nuclear submarines frequently entering the Indian Ocean will escalate the nuclear arms race or some hegemonies ganging up in clique and forcing small and medium-sized countries to take sides, will inevitably bring huge security risks to Sri Lanka. Therefore, the international community, especially regional countries, should pay serious attention to and resolutely oppose this bad behaviour, which seriously undermines regional peace and stability, accelerate the arms race, and undermines international nuclear non-proliferation efforts. We should bring the hanging Sword of Damocles back into its sheath, and jointly safeguard international peace, security and stability,” he said.

Given below are excerpts of his statement: “Recently, the United States, Britain and Australia announced the establishment of AUKUS, a trilateral security pact which will provide Australia with at least eight nuclear-powered submarines. This is like holding up a “Sword of Damocles” on the heads of countries in the Pacific-Indian Ocean regional countries, which has aroused widespread doubts and deep concerns from the international community, and a great threat of nuclear proliferation, arms race and more unstable regional and international security situation.

“Firstly, the move is a serious violation of the spirit of the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) which brings great risks of nuclear proliferation. The NPT which entered into effect in 1970 is regarded as the cornerstone of the global nuclear non-proliferation regime by the international community. However, the Treaty lacks clear provisions regarding the transfer of nuclear reactors for submarines, and the safeguards system of the International Atomic Energy Agency (IAEA) is unable to verify whether the relevant materials are used to develop nuclear weapons. The United States, Britain, and Australia had exploited these weaknesses. In addition, the American and British nuclear submarines use weapons-grade highly enriched uranium with an abundance of over 90%. Exporting nuclear submarines to Australia means that a large number of highly sensitive nuclear materials and technologies are transferred without the effective safeguard of IAEA, which will inevitably bring the risk of proliferation of nuclear technologies and nuclear materials. On September 17th, the Indonesian government issued a statement stressed the importance of Australia’s commitment to continue meeting all of its nuclear non-proliferation obligations, and called on Australia to maintain its commitment towards regional peace, stability and security.

“Secondly, this move may induce a new round of arms race, which will undermine regional prosperity and stability. As a country straddling the Indian Ocean and the Pacific Ocean, Australia’s construction of nuclear submarines in defiance of the world completely violates the commitments it made when signing the South Pacific Nuclear Free Zone Treaty, and also will cause serious breaches in the efforts of ASEAN countries to build nuclear weapon-free zone and the Indian Ocean to create a “Zone of Peace”. In addition, AUKUS attempts to engage in maritime hegemony, which may introduce a new round of regional arms race, thus undermining the precious peace situation in the region and casting a shadow over the security, stability and prosperity in the region. Russian President Vladimir Putin said the AUKUS, a security partnership between Australia, Britain and the United States, “undoubtedly” undermines regional stability. Indonesian Foreign Minister Retno Marsudi said that Indonesia does not want an escalating arms race and power projection in the region that will threaten security and stability. Meanwhile, Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob expressed Malaysia’s stance on AUKUS when he received a telephone call from Australian Prime Minister Scott Morrison, saying it would be a “catalyst for a nuclear arms race in the Indo-Pacific region. As a country within ASEAN, Malaysia holds the principle of maintaining ASEAN as a Zone of Peace, Freedom and Neutrality, and urges all parties to avoid any provocation and arms competition in the region.”

“Thirdly, this move promotes a barefaced “double-standard” and forms racist “small clique”. The United States and Britain launched the notorious Iraq War on the unwarranted charge of suspecting the development of weapons of mass destruction, and do not allow Iran and North Korea to possess nuclear weapons, but turn a blind eye to the development of nuclear weapons by their ally Israel and provide nuclear submarines to another ally Australia. Under the barefaced “double-standard”, they piece together the “Anglo-Saxon” military cooperation clique with racism and cold war color, and wantonly played and trampled on international rules. According to the Atlantic Monthly, AUKUS is in effect a new “Anglo” military alliance. “The three nations have fought together for most of the past 100 years and are core members of the Five Eyes intelligence-sharing alliance. The announcement (of AUKUS) only reinforces its belief in the difference between Europe and the Anglo-Saxon world.”

“China believes that nuclear weapons, the Sword of Damocles hanging over mankind, should be completely prohibited and thoroughly destroyed over time to make the world free of nuclear weapons. China has always maintained its nuclear power at the lowest level required by national security, and has always made every effort to maintain the international non-proliferation system and actively promoted the multilateral arms control process. The establishment of a small security clique by the United States, Britain and Australia, frantically probing at the edge of nuclear proliferation, opening the Pandora’s Box of the arms race, and undermining peace and stability in the Pacific and Indian Ocean regions, is a reversal of history trend, which has already been widely questioned and condemned by the international community including its own country and neighboring countries.

“Recently, an American nuclear submarine crashed in the South China Sea and went unreported, a hit and run accident sending out a very realistic warning. Although no nuclear leakage caused by this accident has been confirmed yet, its nature is very serious, and there are great hidden dangers in nuclear proliferation and nuclear safety, which will lead to a nuclear disaster if it is not done well. Sri Lanka is located at the center of Indian Ocean. No matter, its nuclear submarines frequently entering the Indian Ocean, the nuclear arms race escalating, or some hegemonies ganging up in clique and forcing small and medium-sized countries to take sides, it will inevitably bring huge security risks to Sri Lanka. Therefore, the international community, especially regional countries, should pay serious attention to and resolutely oppose this bad behavior, which seriously undermines regional peace and stability, accelerate the arms race, and undermines international nuclear non-proliferation efforts. We should bring the hanging Sword of Damocles back into its sheath, and jointly safeguard international peace, security and stability.”



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Oil price falls back to pre-Iran war levels

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The price of oil has fallen to levels not seen since before the Iran war as traffic through the key Strait of Hormuz shipping route gradually resumes.

Global benchmark Brent crude briefly fell below $72.48 (£55) a barrel, the price it was at the day before the US and Israel launched attacks on Iran on 28 February, before edging up to $73.23.

Energy prices have been on a wild ride since Iran responded to the strikes by effectively closing the strait, a critical waterway for oil and gas shipments.

The cost of crude has been moving sharply lower since the US and Iran signed a  Memorandum of  Understanding (MOU) on 17 June which set out a 60-day period for negotiations on Tehran’s nuclear programme and other measures to end the war.

Representatives from the two sides met in Switzerland last weekend for talks to end the war, which resulted in the US partially lifting sanctions on Iranian oil exports.

The number of vessels crossing the Strait of Hormuz has risen significantly since the MOU was signed, according to maritime intelligence firm Kpler.

Its latest data suggests 284 vessels have made the transit from 18 June, the day after the deal was signed, although that is is still well below the pre-conflict average of some 138 crossings each day.

The ships passing through the waterway in recent days include those carrying crude oil, liquefied natural gas (LNG), fertiliser and other goods, Kpler told the BBC.

The US and Iran had also formed a “communication line” to prevent misunderstandings “with the aim of safe passage for commercial vessels through the Strait of Hormuz”, mediators Qatar and Pakistan said in a joint statement on Monday.

There has been a “tremendous shift” with far more ships using the strait in recent days, said Dimitris Maniatis, the chief executive of Marisks, a maritime risk advisory firm working with ships stuck in the region.

A limited number of ships can cross a northern passageway with the permission of Iranian authorities, he said.

The US navy has also provided guidance for vessels to travel through a southern route that is safe from mines and other obstacles that has been laid out since the war, Maniatis said.

But the number of ships crossing the strait is still below levels seen before the war, when it was used by more than 100 ships a day.

Hundreds of ships still appear to be waiting in the Gulf.

A line chart showing how Brent crude oil prices have fluctuated since the USA and Israel attacked Iran on February 28th. The price rose rapidly above $80 from early March and peaked at just below $120 in April. The current rate as of 25 Jun 2026 is back down to below $80, similar to before the Iran war began.

Fuel prices at the pump rose sharply when the Iran war began, and now the focus is on how quickly they will fall.

“On the back of the lowest oil price since before the Iran war started, drivers should see the average price of petrol fall below 150p [a litre] in the next week or so,” said Simon Williams, head of policy at UK motoring group the RAC. He added the price of diesel “ought to go back under 160p.

Petrol peaked at 159.53p a litre on 28 May, according to the RAC, while diesel has fallen from a high of 191.54p on 15 April.

The average price of regular gasoline in the US has dropped to around $3.93 a gallon after reaching $4 a gallon in April, its highest since 2022, but is still well above pre-war levels.

US President Donald Trump on Wednesday ordered an investigation into major energy companies, accusing Shell, ExxonMobil and other firms of “gouging” drivers by not reducing fuel prices even as oil costs fell.

“Oil prices have come down so much and we are not seeing anything at the pump by comparison the way they should be,” Trump told reporters in the Oval Office.

The American Petroleum Institute, which represents the oil and gas industry in the US, said fuel prices “don’t move in lockstep with crude oil”.

British energy firms have faced similar accusations of unfairly hiking petrol prices since the Iran war.

The UK competition watchdog said last month  that there was no widespread evidence of this, adding that average profit margins were “broadly unchanged” between February and March

(BBC)

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Representatives from the Ceylon Chamber of Commerce meet PM

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Representatives from the ’The Ceylon Chamber of Commerce’ met with Prime Minister Dr. Harini Amarasuriya on Wednesday [24th of June] at the Parliament premises.

During the meeting, discussions focused on the Sri Lanka Economic and Investment Summit 2026 (SLEIS 2026), which is scheduled to be held on 12 and 13 October 2026. Attention was also given to digitalization initiatives, the introduction of digital technologies in schools under new education reforms, and the transformative role of Artificial Intelligence (AI) in Sri Lanka’s education sector.

Representatives of the Chamber noted that the summit would serve as an important platform for encouraging both local and foreign investment, while also contributing to the shaping of the country’s future economic policies.

The meeting was attended by Krishan Balendra, Chairman of The Ceylon Chamber of Commerce; Vinod Hirdaramani, Deputy Vice Chairman; Shiran Fernando, Secretary General and Chief Executive Officer; Aliki Perera, Deputy Secretary General and Chief Operating Officer; and Anagi Rodrigo-Weerasekera, Chief Economist and Head of Economic Intelligence, along with several other representatives.

[Prime Minister’s Media Division]

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Progress of Housing Project for Malayagam Community families funded by India reviewed

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A discussion to review the progress of the housing project under which 4,700 houses are being constructed for the Malayagam community with Indian assistance was held this afternoon (24) at the Presidential Secretariat under the chairmanship of the Chief of Staff to the President, Prabath Chandrakeerthi.

Under this housing programme, 2,026 houses are to be provided to families identified by the National Building Research Institute (NBRI) as being at disaster risk. The remaining houses are expected to be allocated to eligible workers residing in the plantation sector.

Accordingly, the houses will be provided to Malayagam community families living on estates belonging to 22 Regional Plantation Companies, as well as estates under the State Plantations Corporation, Janawasama and Elkaduwa Plantations.

For the construction of each house, the Government of India has allocated Rs. 2.8 million, while the Government of Sri Lanka has contributed Rs. 400,000.

During the discussion, Chandrakeerthi instructed officials to ensure that the housing project is completed before the end of this year. He further directed that land identified for the construction of houses be released without delay and that the National Building Research Institute provide the necessary reports to identify suitable land for the project.

The housing project is being implemented jointly by the Ministry of Plantation and Community Infrastructure, the National Housing Development Authority, the State Engineering Corporation and the Plantation Human Development Trust.

Among those present were Additional Secretary (Development) of the Ministry of Plantation and Community Infrastructure, K. S. Wijayakeerthi; Director General (Engineering), N. D. N. Pushpakumara; Director General (Planning), W. A. K. S. Damayanthi; the Secretary General of the Planters’ Association; and officials from the National Housing Development Authority, the State Engineering Corporation, relevant institutions and plantation companies.

(PMD)

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