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Pathfinder Foundation and USI of India MoU on strategic cooperation and collaboration

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The Pathfinder Foundation extended its Memorandum of Understanding with the United Service Institution of India (USI), New Delhi, with a virtual signing recently. Bernard Goonetilleke, Chairman, Pathfinder Foundation and Maj. Gen. B K Sharma, AVSM, SM & Bar (Retd.), Director, United Service Institution of India, placed their signatures on the MoU. The event was also attended by Dr Dayaratna Silva, Executive Director of Pathfinder Foundation and Maj. Gen. R P S Bhaduria, VSM (Retd.), Head CS3 of USI.

The MOU is expected to strengthen existing relations between the two organizations through closer cooperation in research, contribute to policy development processes in their respective countries, and develop and foster research cooperation among South Asian countries on humanitarian, economic and security related issues. It is also expected to support policy development at both the bilateral and international levels. The MOU is also intended to engender and foster conditions for maintaining regular interaction and cooperation between the two organizations. The MOU will provide a basis and framework for cooperation in the fields of research and promote the exchange of ideas and views between Indian and Sri Lankan researchers and practitioners in the fields of international security, international relations, diplomacy, defence, military affairs, peacebuilding and conflict studies, disruptive technologies, WMD, UNPKO, South Asia, Indo-Pacific, maritime security and maritime heritage, among other areas.

The USI of India is India’s oldest and premium tri-service think tank founded in 1870 by Colonel (later Major General) Sir Charles MacGregor for ‘Furtherance of knowledge in the art, science and literature of the National Security in general and of the Defence Services in particular’. Today USI has about 15,000 members, comprising security forces officers, diplomats, bureaucrats, academics and scholars. USI has niche expertise in national security, geopolitics, International Relations, Military Diplomacy, Military Heritage, UN Peacekeeping operations, professional skill developments of policymakers and Revolution in Military Affairs. The USI conducts many events at the national and international level, exchanges delegations with partner research institutions, publish seminal literature and runs the institution’s website, blog page and social media platforms. It is the lead agency in grooming policymakers for shouldering higher responsibilities. The institution regularly conducts programmes for the National Defence College, War Colleges, IAS Academy, Foreign Service Institute, National Policy Academy and Universities. Besides, it supports the Indian diplomatic mission abroad in conducting various events.

Pathfinder Foundation and United Service Institution first signed an MOU in 2016, by which both institutions established a working relationship for cooperation.  The latest MOU will take the relationship between the two institutions for another five years and will provide opportunities for ex-service personnel, academics, diplomats etc. to take part in joint activities carried out by the two institutions.



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Sri Lanka, India caught in US-Iran ship crisis

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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.

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Namal further remanded

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MP Namal Rajapaksa being brought to the Colombo Magistrate’s Court yesterday. Pic by Nishan S Priyantha

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.

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IMF projects Lankan economic growth to moderate amidst mounting global uncertainties

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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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