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Business World International Awards ceremony
The Business World International Awards ceremony, organized by the Business World International Organization INC – USA, an event which is recognized as one of the most prestigious Business award festivals in the Asian Pacific region was held in grandeur, at Taj Samudra, Colombo. BWIO is an USA based organization, driven with the objective of recognizing the accomplishments and expertise of the global business spectrum. The BWIO Awards recognized and celebrate Excellence in Business, and inspires entrepreneurs to accomplish greater challenges and benchmark their best practices. It concentrates on every category from startups to business giants, social change agents, sustainable development advocates and exceptional professionals in their respective fields of expertise, varying in 30 categories.
The event attracted business owners, high level entrepreneurs, enterprises from the private, government sectors and small and medium enterprises and other VIPs throughout the country. The joint chief guests were former president Mithreepala Sirisena, and Dr. G. D. Singh (Founder / Chairman – Asia African Chamber of Commerce & Industry) and guests of honour were Minister Chamal Rajapaka and Senthil Thondaman. Among the other special guests were Senior DIG Ajith Rohana and Arjuna Ranatunga. The distinguished invitees were delightfully welcomed by Dr. Dexter Fernando (Chairman – International Chapter), Dr. Tharindu Wijenayake (Vice Chairman – BWIO – USA – International Chapter) and Dr. M. A. A. Jabbar (Vice Chairman – Sri Lankan Chapter). Prof. Dr. Dietmar Doering (Founder and CEO – Asia German Sports Exchange, Advisory Board Member – BWIO – USA) was a special guest and the key note speaker of the function.
News
Establishment of National Trade Negotiation Committee (NTFC) and Trade Policy Consultation Committee.
Approval has been granted at the cabinet meeting held on 24-08-2026 to implement the recommendations submitted by the committee appointed to review Sri Lanka’s current Free Trade Agreements and future course of Free Trade Agreements in Sri Lanka.
Taking into account these recommendations, it has been
recognized the necessity of establishing a National Trade Negotiation Committee and Trade Policy Consultation Committee enabling Sri Lanka to follow a more targeted, sequential, and evidence-based approach in conducting negotiations for Sri Lanka’s future Free Trade Agreements and to ensure a sustainable and meaningful stakeholder consultation process.
The Cabinet of Ministers has approved the resolution furnished by the Minister of Trade, Commercial, Food Security, and Cooperative Development to act as follows.
• Establishment of a National Trade Negotiation Committee to guide trade discussions conducted with potential bilateral or regional trade partners
• Appointment of the Secretary to the Ministry of Trade, Commerce, Food Security, and Cooperative Development as the Chairman of the National Trade Negotiation Committee and
the Chief National Trade Negotiator.
• Establishment of 12 subject specific sub- committees with the required technical working groups under the National Trade Negotiation Committee
• Appointment of Trade Policy Consultative Committee comprising of trade experts, researchers engaged in research relevant to trade field, business community, unions, civil societies and relevant public officers to instruct the National Trade Negotiation Committee on active and technical sectors, to submit the policy recommendations to the Cabinet of Ministers regarding the matters relevant to the trade agreements, to inquire sustainable ideas regarding the Free Trade Agreements, and to ensure the communication mechanism.
• The Minister in charge of the Subject international trade and the Minister in charge of the subject of Industry to serve as Co-Chairpersons of the Trade Policy Advisory Committee.
News
Justice Minister hits back at CLA
By Saman Indrajith
Justice Minister Harshana Nanayakkara yesterday told Parliament that the Commonwealth Lawyers’ Association (CLA) was not an organisation officially recognised or registered under the Commonwealth Secretariat, but a fee-levying private association.
Responding to a question by Opposition and SJB Leader Sajith Premadasa on why he had failed to meet CLA representatives, who recently visited Sri Lanka, Nanayakkara said he had offered them a date and time for a meeting, but they had been unable to attend.
The Commonwealth Lawyers Association (CLA) has questioned procedural fairness and other matters of concern in a report that deals with the Supreme Court hearing petitions against the 22nd Amendment to the Constitution. Among the issues raised by CLA President Steven Thiru, is the composition of the five-member bench.
The Minister said the CLA representatives subsequently requested another date, but he had already scheduled official engagements for the proposed day.
Nanayakkara said it was, therefore, incorrect to claim that he had refused to meet the CLA delegation.
“The CLA is not an official body accepted or admitted into the Commonwealth of countries. It is a private club whose members pay fees for membership,” he said.
However, the Minister said he was not suggesting that the organisation was “a bad organisation”, adding that the accuracy of several statements made by CLA members during their visit to Sri Lanka had yet to be established.
Nanayakkara identified lawyer Upul Jayasuriya as the CLA’s local representative and said Jayasuriya had sought a meeting with him.
“I gave him the opportunity, but he came up with the excuse that he could not make it as he was not in Colombo. Therefore, it is wrong to state that I did not give them time,” the Minister said.
News
First visit by an Indian Defence Minister since IPKF deployment
By Shamindra Ferdinando
Indian Defence Minister Rajnath Singh is in Colombo on a three-day official visit, the first by an Indian Defence Minister since the 1988 visit by K.C. Pant, during Rajiv Gandhi’s tenure as the Prime Minister.
The Indian Defence Ministry declared that the visit would further strengthen the traditionally strong and friendly bilateral relations in mutually beneficial areas, including a strong maritime and defence partnership.
The visit takes place in the wake of Sri Lanka and India signing seven MoUs, including one on defence, in April 2025. Communist Party General Secretary Dr. G. Weerasinghe told The Island that the government should set the record straight regarding the rapidly developing military relations with the US and India. The acquisition of Colombo Dockyard Ltd., by Indian Defence Ministry-run Mazagon Dock Shipbuilders Limited, soon after the finalisation of MoUs, underscored New Delhi’s strategy, Dr. Weerasinghe said. Responding to another query, Dr. Weerasinghe said that the government should take this opportunity to discuss the Tamil Nadu fishing fleet poaching on Sri Lankan waters.
Pant visited during the Indian Army operations against the Liberation Tigers of Tamil Eelam (LTTE) in the Northern and Eastern Provinces here, while Pranab Mukherjee visited Colombo, in August 2005, to pay last respects to assassinated Foreign Minister Lakshman Kadirgamar.
Indian and Sri Lanka governments said that the visit was meant to strengthen cooperation between the two neighbouring countries in the fields of defence, economic engagement, maritime affairs and regional security.
An Indian warship arrived at the Colombo harbour ahead of the Defence Minister’s visit, reminiscent of old gunboat diplomacy. INS Udayagiri’s visit coincided with the Defence Minister’s visit. The Defence Minister’s delegation included senior officials from Ministry of External Affairs.
During the visit, the Indian Defence Minister is scheduled to hold high-level discussions with President Anura Kumara Dissanayake who also holds the Defence portfolio, Prime Minister Dr. Harini Amarasuriya and Defence Secretary Sampath Thuyacontha. He is also expected to meet members of the Indian community, residing in Colombo.
Dr. Weerasinghe said that the NPP government conveniently extended the moratorium on foreign research vessels imposed during Ranil Wickremesinghe’s tenure in 2024. The CP official said that the media alleged that that decision was taken at the behest of the US and India but nearly two years after the last presidential election the ban remains.
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