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New UK scheme aims to drive trade with Sri Lanka and boost jobs and growth
Britain is taking a more ambitious, generous, and pro-growth approach to trading with developing nations.
The proposed new UK Developing Countries Trading Scheme aims to grow trade with lower income nations, supporting jobs and growth across the globe.
On July 19, the UK Government launched a consultation on new trading rules. The UK Developing Countries Trading Scheme (DCTS) is a major opportunity to grow free and fair trade with 70 qualifying countries including Sri Lanka.
The proposed scheme will mean more opportunity and less bureaucracy. This includes improvements such as lower tariffs and simpler rules of origin requirements for countries exporting to the UK, allowing countries to diversify their exports and grow their economies.
The British High Commissioner in Sri Lanka, Sarah Hulton said: “The proposed DCTS scheme signals the UK’s appetite to promote global free and fair trade, as well as demonstrating our commitment to Sri Lanka, by enabling Sri Lankan businesses to access the UK market more easily. Bilateral trade between the UK and Sri Lanka stood at GBP1.2 billion in 2020, and there is room for growth. I encourage people in Sri Lanka to contribute to this important consultation, which is open to all”.
The consultation on the UK’s new scheme runs for eight weeks and seeks the view of all sectors of society, including businesses, the public, civil society groups, consumers, associations, partner governments and any other interested stakeholders. Currently the UK operates a similar scheme rolled over from the EU, but as an independent trading nation can now take a simpler, more generous, pro-growth approach to trading with developing countries.
The UK’s International Trade Secretary Liz Truss said: “Trade fundamentally empowers people and has done more than any single policy in history to lift millions of people around the world out of poverty. Now the UK is an independent trading nation we have a huge opportunity do things differently, taking a more liberal, pro-trade approach that leads to growth and opportunity. Countries like Bangladesh and Vietnam have proven it’s possible to trade your way to better living standards, and our new Developing Countries Trading Scheme will help others do the same.”
Responses to the consultation can be given via GOV.UK until the closing date of September 12, 2021.
News
Cardinal: Presidents, IGPs and AG sabotaged Easter carnage probes before 2024 regime change
… successive governments sat on PCoI report handed over in Feb. 2021
His Eminence Malcolm Cardinal Ranjith yesterday (21) alleged that those who were in power from 2019 to September 2024 sabotaged investigations into the Easter Sunday carnage (2019).
Addressing the Seventh Year Commemoration of the Easter Sunday suicide attacks, at St. Anthony’s Church Kochchikade, Colombo, the Archbishop of Colombo said that unlike the present leaders of the country, almost all the power holders, since the 2019 April attacks, including former Presidents, Heads of the Police and the AG’s department officials, instead of sincerely finding out as to who and what was behind the horrific crime, tried their best to confuse the public, muddle up the investigations and appointing all kinds of committees, with highly suspect investigators, in order to come out with conclusions crafted by them, and tried to sabotage the truth from emerging.
In spite of the change of government, in September 2024, certain officials of the “deep state” were seeking to obstruct the smooth flow of ongoing investigations.
Regardless of the Presidential Commission of Inquiry (PCOI) giving clear directives to the Attorney General and to that department to take clear legal and disciplinary actions against some of the political figures, officials of the security establishment and organisations for criminal neglect of duty, very little has so far been done on this matter by them.
The PCoI handed over its report to President Gotabaya Rajapaksa in February 2021.
The Catholic leader emphasised the need to investigate possible links between the Easter Sunday massacre and attacks, targeting the Muslim community, on the night of 5th May and, once again, on 11th, 12th and 13th May, starting from the Nattandiya-Madampe area, through Kotaramulla to Minuwangoda. The Cardinal said: “This may have a link to the main attacks on 21st April 2019. One must also verify as to whether anyone in the security establishment prevented those responsible from controlling these attacks as and when they began.”
News
CIABOC asks Parliament not to transfer witness in case against Deputy Secy General
The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has directed the Secretary General of Parliament Kushani Rohanadeera to cancel an internal transfer of a senior official.
Sources said that the CIABOC intervened as the female official to be transferred is a key witness in the ongoing investigation into the conduct of suspended Deputy Secretary General of Parliament Chaminda Kularatne. The CIABOC has asked the Secretary General to delay the transfer until the conclusion of its investigation.
CIABOC initiated the investigation following a complaint against Kularatne, who himself complained against Speaker Dr. Jagath Wickremaratne over corruption and irregularities.
The female official’s transfer was to take effect on 20 April.
News
UN wants Sri Lanka to deliver concrete results in Easter Sunday bombing probe
The United Nations has urged Sri Lanka to deliver concrete results after long-running investigations into the 2019 Easter Sunday suicide bombings that killed 279 people, including 45 foreigners.
The UN’s top envoy to the country, Marc-Andre Franche, said survivors and families of victims were still waiting for answers, despite multiple probes and renewed political pledges following the formation of a new government in September 2024.
“Public commitments by the government to pursue justice are important and must be welcomed,” he said, as the nation marked seven years since the bombings on Tuesday.
“But what matters now is results,” he said at a remembrance service in Colombo.
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