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Norway to sign new agreement with SL on development of fisheries management tools – Ambassador

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Norwegian Ambassador to Sri Lanka, Trine Jøranli Eskedal, called on Prime Minister Mahinda Rajapaksa at Temple Trees on Thursday.

The envoy congratulated the Prime on winning the parliamentary election and commended the well-organized election held in a peaceful manner in keeping with for Covid-19 guidelines.

She also noted that Sri Lanka has had great success in preventing the spread of Covid-19 with early and rapid mobilization.

Ambassador Eskedal said that Norway is looking forward to working with the new government, and appreciate the good bilateral relationship and long-term partnership with Sri Lanka. She underscored that the two countries have a number of areas of common interest, such as sustainable ocean economies, private sector cooperation, and development.

She also highlighted the potential for further developing the commercial relations between the two countries, as Norwegian investors are especially interested ICT, renewable energy, solar, wind and hydropower, as well as the maritime sector.

The Ambassador noted that from 2013 to 2019, USD 2.3 million has been disbursed to the Sri Lankan fisheries sector, and that in September, Norway expects to sign a new agreement with Sri Lanka on the development of fisheries management tools.  

Prime Minister Rajapaksa and Ambassador Eskedal also discussed the economic impact of Covid-19. Ambassador Eskedal said that in April this year, Norway took the initiative for a UN multi-donor trust fund on Covid-19 to assist countries in need to tackle the long-term socio-economic consequences of the coronavirus crisis. Sri Lanka has received USD 1 million from this fund so far.

She also pointed out that with Covid-19, there is a need to strike the right balance between the national security and individual freedoms.



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Free 14 day visa extension for visitors unable to depart Sri Lanka

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The Department of Immigration and Emmigration has decided effective from 28th February 2026,  to grant a free fourteen  (14) day visa extension to all tourists who are unable to leave Sri Lanka  due to flight cancellations.

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Maldives Coast Guard Ship Huravee arrives in Colombo

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The Maldives Coast Guard Ship Huravee arrived at the Port of Colombo for replenishment purposes on 02 Mar 26. The visiting ship was welcomed by the Sri Lanka Navy (SLN) in compliance with time-honoured naval traditions.

The ship is a 48.9m long Offshore Patrol Vessel which is commanded by Lieutenant Colonel Ahmed Nafiu Mohamed.

Meanwhile, the ship’s crew is scheduled to visit several tourist attractions in the city of Colombo, during their stay in the island.

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AKD warns of far reaching economic consequences of Middle East war

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Anura

President Anura Kumara Dissanayake yesterday called for an immediate and peaceful resolution of the escalating Middle East conflict, warning that the crisis could have far-reaching repercussions on the global economy, including Sri Lanka.

Addressing Parliament, the President stressed that no military conflict benefited humanity, particularly at a time when destructive military technologies were rapidly advancing.

“Any military conflict does not create a favourable situation for any group of people,” he said, urging all parties to make urgent commitments towards peace. “As Sri Lanka, our position is that all parties involved in this war must, as soon as possible, take steps toward a peaceful world.”

He cautioned that Sri Lanka could not remain insulated from the fallout from the conflict, noting that disruptions to global oil and gas supplies, threats to migrant workers in the Middle East, and potential shocks to tourism, remittances, shipping and aviation were real concerns.

A national programme was being formulated to mitigate the impact, he said, adding that its success would hinge on broader international efforts to restore stability, the President said.

Acknowledging public anxiety shaped by past economic hardships, President Dissanayake said social stability could not be ensured through rhetoric alone but required tangible guarantees that citizens would not face another crisis.

While noting that the government had successfully navigated multiple challenges since assuming office, he described the Middle East situation as distinct due to the uncertainty surrounding its duration and outcome.

The government, he said, was closely monitoring developments. The Central Bank had conducted a review with a report on the likely economic impact expected shortly. The Ministry of Finance is also preparing an assessment of the potential effects on public life, alongside measures to ensure the uninterrupted provision of essential services locally and for Sri Lankans overseas.

“The primary responsibility for finding a path out of the crisis rests with the Government,” he said, calling on Parliament and the public to collectively confront the challenge under a unified national plan.

Providing a detailed account of the country’s energy reserves, the President said storage capacity rather than supply remained the key constraint. Excluding the Indian Oil Corporation tanks in Trincomalee, total storage capacity at Kolonnawa and Muthurajawela stands at approximately 150,000 metric tons.

Diesel stocks were currently sufficient for 33 days, with refining contributing around 1,800 metric tons daily. Petrol reserves will last 27 days, with a 35,000 metric ton shipment due on March 7 or 8 expected to extend availability to around 40 days.

Aviation fuel stocks are adequate for 49 days, supported by both daily refining and imports. Scheduled shipments include vessels from RM Parks on March 14, Sinopec on March 17, IOC on March 21 and the Ceylon Petroleum Corporation on March 28.

Crude oil supplies were sufficient to operate the refinery for 26 days, with an additional shipment expected to extend operations by a further 18 days, the President said.

“Because of this, there is no crisis regarding oil,” the President assured Parliament.

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