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Ambassador Colonne takes initiatives to enhance bilateral relations with Bahia Region of Brazil

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Ambassador of Sri Lanka to Brazil, C.A. Chaminda I. Colonne, meeting Mayor of Santa Bárbara Municipality and the Vice-President of the Portal do Sertão Consortium of State of Bahia, Edifrancio De Jesus Oliveira and Executive Secretary of Portal Sertão Consortium of the State of Bahia, Ícaro Ivvin de Almeida Costa Lima at the Sri Lanka Embassy in Brasilia. Minister Counsellor (Commercial) Chathurika Perera of the Embassy of Sri Lanka joined the meeting.

Ambassador of Sri Lanka to Brazil, C.A. Chaminda I. Colonne, recently met the Mayor of Santa Bárbara Municipality and the Vice-President of the Portal do Sertão Consortium of State of Bahia, Edifrancio De Jesus Oliveira and Executive Secretary of Portal Sertão Consortium of the State of Bahia, Ícaro Ivvin de Almeida Costa Lima at the Sri Lanka Embassy in Brasilia.

Ambassador Chaminda Colonne warmly welcomed the Mayor Edifrancio Oliveira and the Executive Secretary Ícaro Ivvin to the Embassy. Ambassador highlighted Sri Lanka’s new Government focus on enhancing economic diplomacy with the Latin American region and expressed the country’s interest in exploring opportunities to enhance sea-route connectivity, as well as potential investment prospects in the Colombo Port City Project in Sri Lanka.

The Mayor Edifrancio Oliveira agreed to take initiative by the Portal do Sertão Consortium of State of Bahia to identify Sri Lanka as a promising partner for exploring new avenues to strengthen the bilateral trade, economic cooperation and cultural ties. He highlighted that the Bahia Region is currently formulating plans to expand its international relations, particularly in the area of investment and economic development.

Both further outlined several key sectors which could strengthen trade relations including rubber products, gem & jewellery, tea, coconut-based products, machinery and electrical products. The Mayor Edifrancio Oliveira also looks forward in visiting Sri Lanka and explore new avenues of cooperation during “Sri Lanka Expo 2026”, a major international event scheduled to be held in June 2026.

The Mayor Edifrancio Oliveira extended an invitation to Ambassador Chaminda Colonne to visit Bahia Region, which she graciously accepted. Both sides agreed to continue discussions and jointly explore potential areas for further collaboration.

Minister Counsellor (Commercial) Chathurika Perera of the Embassy of Sri Lanka joined the meeting.



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Sri Lanka, India caught in US-Iran ship crisis

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By Shamindra Ferdinando

Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.

Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).

The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.

The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.

Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.

The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.

The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR

Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.

SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.

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Namal further remanded

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MP Namal Rajapaksa being brought to the Colombo Magistrate’s Court yesterday. Pic by Nishan S Priyantha

MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).

Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.

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IMF projects Lankan economic growth to moderate amidst mounting global uncertainties

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Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.

In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.

Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.

Unemployment is expected to remain steady at 3.9% throughout the forecast period.

The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.

Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.

The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.

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