News
Implement Indo-Lanka agreement as soon as possible, says Moragoda
Sri Lanka’s former High Commissioner to India Milinda Moragoda has emphasised the pivotal importance of Colombo and Delhi quickly moving to the implementation phase of the agreement on ‘fostering partnership for a shared future.’ The former Minister said that the implementation should begin as fast as possible.
He said so in response to The Island queries regarding the Indo-Lanka relations in the wake of President Anura Kumara Dissanayake’s meet with Indian Premier Narendra Modi. Referring to the joint statement that had been issued on 16 Dec., Moragoda said: “It is a comprehensive statement that covers a number of areas that are important to the Indo-Lanka relationship and Sri Lanka’s own economic development.
The statement has a significant number of action points, the execution of which can now be monitored by the two leaders during their future summits to ensure timely implementation.
The statement blends the positive foundations and trajectory set by previous joint-statements with aspects that are important components of President Dissanayake’s own policy agenda. One such example is the focus on people-centric digitization.
Speedy economic integration and connectivity with India while safeguarding our sovereignty and territorial integrity is the only way in which Sri Lanka can become a fast growth economy and come out of the present crisis. Sri Lanka needs to grow at 6% -7% pa to deliver a better life for our people. This understanding between the two leaders is a good beginning.
It is now important that the two sides move to the implementation phase as fast as possible.
The financial resources required to achieve these objectives are available and can be mobilized and harnessed.
The joint-statement indicates that the UAE has expressed interest in investing in the multi-product pipeline. This is an important development towards trilateral cooperation in investment between India, Sri Lanka and third countries.
Trilateral cooperation of this nature could be explored with other countries, including Japan, the US, etc., as well.” (SF)
The Cabinet of Ministers has approved the resolution furnished by the Minister of Industries and Entrepreneurship Development to recognize the “Sri Lanka National Export
Development Plan – 2026–2030” as the official strategic framework for export development and promotion of exports in Sri Lanka.
The Sri Lanka Export Development Board, in collaboration with public and private sector stakeholders connected to the export sector, has formulated the National Export Development Plan 2026–2030 by obtaining technical assistance under the Policy-Based Lending Programme of the Asian Development Bank.
The aforementioned Plan provides a comprehensive strategic framework to guide and monitor Sri Lanka’s export development process, with the target of earning US$ 36 billion in foreign exchange through the export of goods and services by the year 2030
The Cabinet of Ministers has approved the resolution furnished by the Minister of Women and Child Affairs to accept the Global Charter for Children’s Care Reform for Sri Lanka.
Approval has been granted by the Cabinet of Ministers on several earlier occasions to amend the Consumer Affairs Authority Act No. 9 of 2003.
In accordance with the approval granted at the Cabinet
meeting held on 2023-05-02, the Legal Draftsman is currently in the process of preparing the relevant amended Bill, and the Legal Draftsman has informed that it would be appropriate to obtain policy approval from the present Cabinet of Ministers for that purpose.
Accordingly, taking into consideration the necessity of restructuring the Consumer Affairs Authority too, the Cabinet of Ministers has approved the resolution furnished by the Minister of Trade, Commerce, Food Security and Cooperative
Development to instruct the Legal Draftsman to expeditiously complete the preparation of the relevant Bill to enable the amendment of the Consumer Affairs Authority Act, No. 9 of 2003.
Cabinet approves recognition of ‘Sri Lanka National Export Development Plan – 2026–2030’
Cabinet nod to accept the Global Charter for Children’s Care Reform for Sri Lanka
Cabinet grants policy approval to amend the Consumer Affairs Authority Act, No. 9 of 2003
Cabinet approal for Legal Draftsman to prepare a Bill to enable the amendment of Finance Business Act, No. 42 of 2011
M.S. Mahadiulwewa appointed act in the post of Director General of Commerce
Wimal S.K. Liyanagama appointed Director General of Customs
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
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