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Germany eyes deeper trade, investment ties with Lanka

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Sri Lanka was identified as a strategically important partner in the Indo-Pacific region by German business leaders and policymakers yesterday, with calls for faster reforms, policy consistency and stronger investment facilitation to strengthen bilateral economic ties.

Addressing the inauguration of the Sri Lankan-German Business Forum 2026 themed “Building Trusted Partnerships” in Colombo, officials from Germany’s diplomatic and business community highlighted growing interest in Sri Lanka’s maritime, logistics, renewable energy and tourism sectors amid shifting global trade dynamics.

German Ambassador to Sri Lanka Dr. Felix Neumann said Germany was seeking reliable international partners that upheld free trade, multilateralism and predictable governance.

“Germany needs more reliable partners where the same values are shared,” he said, noting Sri Lanka’s strategic position in the Indian Ocean and its growing importance for East-West trade connectivity.

Dr. Neumann said Sri Lanka was well positioned to become a stronger partner for German industry as global businesses sought to diversify supply chains and reduce dependence on single markets.

However, he stressed that improvements in ease of doing business, policy consistency, anti-corruption measures and modernisation of company registration systems were necessary to attract larger foreign investments.

“Predictability is important in doing business,” he said.

Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) Chief Delegate Martin Klose said the forum aimed to strengthen investor confidence and convert dialogue into concrete business partnerships.

German Chamber of Commerce and Industry Managing Director for International Economic Relations Dr. Nicole Renvert said German companies were increasingly focused on building resilient and diversified supply chains due to geopolitical uncertainty and disruptions to global trade routes.

She identified opportunities for investment in green technology, renewable energy, energy efficiency, logistics and maritime services.

Federal Ministry for Economic Affairs and Energy official Tobias Pierlings said Sri Lanka occupied a key strategic position linking Europe, Africa and Asia, while German Asia-Pacific Business Association Executive Member Almut Rößner said bilateral business relations had gained renewed momentum through recent political and private sector engagement.

The forum brought together 40 German delegates and Sri Lankan business leaders, investors and policymakers to explore new investment opportunities as Sri Lanka continues its economic recovery and reform agenda.



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All set for Colombo rally against govt.’s tax policies

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People’s Struggle Movement’s National Executive Council members Wasantha Mudalige and Jayantha Amarasinghe speaking to the media yesterday

The Frontline Socialist Party-backed People’s Struggle Movement is set to stage a protest march in Colombo today (03) against what it describes as the growing tax burden on the public and the rising cost of living.

The organisers are due to commence the “Colombo March Against Unjust Taxes” at noon from Campbell Park, Borella. The FSP has also been mobilising support for the protest in Colombo and its suburbs in the run-up to the event.

People’s Struggle Movement National Executive Council member Wasantha Mudalige, speaking at a media briefing in Nugegoda yesterday (02), called on the public to join the protest, saying the movement intended to bring the tax burden faced by ordinary people to the forefront.

Mudalige alleged that successive tax measures had placed an excessive burden on households, particularly through taxes on food and educational items. He also criticised the Government over what he described as the high cost of basic food items and the difficulties faced by parents in meeting their children’s educational expenses.

He accused the Opposition of failing to adequately address the issue, claiming that opposition parties raised such concerns, mainly during election periods.

Mudalige also criticised the Government for what he described as a departure from promises made before the 2024 presidential election regarding taxes on educational equipment.

He questioned the tax burden on food items, citing figures of Rs. 100 per kilogramme on dried sprats, Rs. 310 per kilogramme on chicken and Rs. 11 per egg.

He further alleged that while ordinary people were bearing a heavy tax burden, wealthy groups were receiving tax concessions. He also criticised the Government’s economic programme and its implementation of measures associated with the International Monetary Fund (IMF).

The movement has framed today’s protest as part of a broader campaign over the cost of living and taxation. The People’s Struggle Alliance has separately announced that the Campbell Park demonstration will be the first in a series of public actions, with further protests planned in November.

Mudalige said the movement would continue to take the issue to the streets and urged the public to participate in today’s demonstration.

People’s Struggle Movement National Executive Council member Jayantha Amarasinghe also addressed the press.

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Yoshitha R money laundering trial postponed

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The Colombo High Court yesterday postponed the trial in the case filed under the Prevention of Money Laundering Act against Yoshitha Rajapaksa, son of former President Mahinda Rajapaksa.

The case was taken up before Colombo High Court Judge Udesh Ranatunga, with Yoshitha Rajapaksa, who is currently out on bail, appearing in court.

The trial was postponed as the President’s Counsel appearing for the defence was indisposed.

The Attorney General has filed the case against Rajapaksa, alleging that he committed an offence under the Prevention of Money Laundering Act by purchasing five plots of land in Dehiwala and Ratmalana, worth more than Rs. 73 million.

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Lankan troops test mettle in Russian war games

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Lankan Army troops participating in Exercise ‘Wolverine Path II–2026’ in the Russian Federation

A contingent of the Sri Lanka Army, comprising 20 officers and 55 other ranks, participated in the combined military exercise ‘Wolverine Path II–2026’, conducted with the Armed Forces of the Russian Federation in Vladivostok, Russia, from September 18 to 25.

According to the Ministry of Defence, the exercise primarily focused on counter-terrorism operations and provided participating troops with training in a challenging combined operational environment.

The exercise included a range of tactical activities, including heli-rappelling, close-quarters battle (CQB), ambush operations, sniper firing, drone operations, buggy training and combat medical support.

The Ministry said the training enabled Sri Lankan troops to further develop their combat skills, tactical coordination and operational readiness.

It also provided an opportunity for the two militaries to exchange professional knowledge, operational experience and tactical expertise. Sri Lankan personnel gained exposure to training methodologies, tactical approaches and operational practices adopted by the Russian Armed Forces, the Ministry said.

The participation also enabled the Sri Lankan contingent to identify lessons from the joint training and share its own experiences with the Russian military.

The Sri Lankan contingent returned to the country following the exercise and arrived at Mattala Rajapaksa International Airport on September 28.

The Ministry said participation in the exercise contributed to enhancing the professional knowledge, tactical awareness and operational preparedness of Army personnel while promoting military-to-military cooperation, mutual understanding and professional relations between Sri Lanka and Russia.

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