News
China pledges support as Lanka recovers from cyclone
A high-level delegation from the People’s Republic of China, led by Wang Dongming, Vice Chairman of the Standing Committee of the National People’s Congress (SCNPC), met with Speaker of Parliament, Dr. Jagath Wickramaratne, at the Parliamentary premises on Tuesday (17).
Deputy Speaker Dr. Rizvie Salih; Minister of Transport, Highways and Urban Development and Leader of the House of Parliament, and the President of the Sri Lanka–China Parliamentary Friendship Association, Bimal Rathnayake; Member of Parliament and Chief Opposition Whip, Gayantha Karunathilleka; Lu Xinshe, Chairman of the Environmental Protection and Resources Conservation Committee of the National People’s Congress; Wang Ke, Vice Chairman of the Foreign Affairs Committee and Deputy Head of the China–Sri Lanka Friendship Group of the National People’s Congress; Tan Tianxing, Vice Chairman of the Social Development Affairs Committee of the National People’s Congress, along with other members of the Chinese delegation, were present at the meeting. The Ambassador of China to Sri Lanka Qi Zhenhong, the Secretary General of Parliament, Kushani Rohanadeera; and the Chief of Staff and Deputy Secretary General of Parliament, Chaminda Kularatne, were also in attendance.
During the discussions, Speaker Dr. Jagath Wickramaratne highlighted the deep-rooted and enduring relationship between Sri Lanka and China. He noted that the visit of the high-level Chinese parliamentary delegation underscored the importance that China places on parliamentary diplomacy and reflected the strength of the longstanding partnership between the two countries. The Speaker briefed the delegation on the aftermath of the recent disaster caused by Cyclone Ditwah and extended Sri Lanka’s sincere gratitude to the Government and people of China for the timely support and assistance extended during this period.
Addressing the meeting, the Vice Chairman Wang Dongming, expressed his appreciation for the invitation to visit Sri Lanka and reaffirmed China’s commitment to further strengthening parliamentary exchanges and bilateral cooperation between the two nations. He stated that China stands ready to support Sri Lanka in achieving its economic and social development goals as a close and friendly neighbour. He further reaffirmed China’s support for the Government of Sri Lanka in overcoming the challenges posed by the recent disaster situation.
Wang Dongming also recalled the recent visit of the President of Sri Lanka to China and noted that it serves as a new strategic guide for bilateral relations between the two countries. Furthermore, he expressed China’s readiness to work closely with Sri Lanka in the fields of economic cooperation, education, culture, and tourism, with a view to delivering mutual benefits to both nations.
Speaker Dr. Jagath Wickramaratne also reiterated Sri Lanka’s appreciation for China’s continued support extended at bilateral, regional, and international levels.
News
Sri Lanka, India caught in US-Iran ship crisis
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.
News
Namal further remanded
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.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
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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