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Spices can be a main sector of Sri Lanka economy: President

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ECONOMYNEXT –The government is ready to provide the necessary facilities and a comprehensive plan for a revival of the spice industry, President Ranil Wickremesinghe said last week

“Sri Lanka once had the world’s best spices, but our neglect of the industry in the past 30-40 years has led to a decline in our income from spices. This needs to change,” Wickremesinghe said at the 19th Annual General Meeting of the Spice Council held earlier in the week.

“As we implement economic reforms and debt sustainability measures, we must become a more competitive and export-oriented economy. We need to earn more foreign exchange to repay our debt and ensure a positive balance of payments. One way to achieve this is to focus on an export economy that is competitive and generates foreign exchange through economic activities. Spices can be one of the main sectors of this economy.”

Sri Lanka has a long history of exporting spices, Wickremesinghe pointed out, “We need to expand our focus to a broader market,” adding that the government had established a separate department for cinnamon development.

Spices that have been cultivated in Sri Lanka since ancient times include pepper. “We need to work through a targeted program to improve the production and export of these spices.”

“Sri Lanka is known for its high-quality coffee and cocoa, in addition to spices. The government is prepared to provide the land and resources needed to develop these sectors,” he said.

He said that an agricultural modernization program which incorporates new technology should be immediately implemented. “This will help us to improve productivity and efficiency and to compete more effectively in the global market.”

“The private sector has a vital role to play in this endeavour. I therefore urge the Spice Council to develop a plan for promoting the spice industry and I assure you that the Minister and I are ready to provide the necessary support.”



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“Rathuwewi Mihimadala” Book Launched with the Participation of the Prime Minister

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The book “Rathuwewi Mihimadala”, written based on the life story of  Vasudeva Nanayakkara, Leader of the Democratic Left Front, was launched on Friday [August 28] at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, with the participation of Prime Minister Dr. Harini Amarasuriya.

Speaking to the media afterwards about Vasudeva Nanayakkara, Prime Minister Dr. Harini Amarasuriya stated:

“Vasudeva Nanayakkara is a prominent figure in Sri Lankan politics, particularly within the left-wing political movement. There were several influential figures within the left movement, and that left-wing influence also contributed to bringing the country to where it is today. Politically, there were areas where we agreed and areas where we did not. However, I have great respect for the contribution made by Vasudeva Nanayakkara to left-wing politics. When I entered Parliament in 2020, Vasudeva Nanayakkara was also in Parliament. We sat in the same row, and we spoke about many important as well as interesting moments in his political career. I believe some of these experiences have also been included in this book.”

The event was attended by members of the Maha Sangha, Minister of Justice Harshana Nanayakkara, former President Maithripala Sirisena, former Speakers Karu Jayasuriya and Chamal Rajapaksa, as well as party members, family members and friends.

[Prime Minister’s Media Division]

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Sun directly overhead Mannar, Periyamadu, Puliyankulam, Welioya and Pulmoddai about 12.11 noon today (30)

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The sun is going to be directly over the latitudes of Sri Lanka from  28th of August to 07th of September due to its apparent southward relative motion.

The nearest places of Sri Lanka over which the sun is overhead today (30) are Mannar, Periyamadu, Puliyankulam, Welioya and
Pulmoddai about 12.11 noon.

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Lanka tracks 11 US-sanctioned Iranian tankers off coast

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(AFP) Sri Lanka’s maritime authorities were monitoring a fleet of 11 US-sanctioned Iranian oil tankers just off the island’s southern coast, the foreign minister said Wednesday.

The tankers were spotted close to the Galle harbour where an Iranian frigate, IRIS Dena, was sunk by a US submarine in March, killing 104 sailors. Sri Lanka’s navy rescued 32 Iranian sailors from that frigate.

Iranian vessels have been in limbo, unable to return to their home port because of a US blockade.

Sri Lanka’s Foreign minister Vijitha Herath said the tankers were in international waters where they had freedom of navigation.

“These ships are away from our territorial waters… we have no hold on them, nor have we facilitated them,” Herath told AFP.

The military deployed reconnaissance aircraft and patrol boats to monitor the vessels outside Sri Lanka’s 12-nautical-mile territorial waters, a military official told AFP on condition of anonymity.

“There is no indication of any ship-to-ship transfer of oil or illegal discharge of pollutants, so there is no basis for Sri Lankan authorities to take action against them,” the official said.

Many Iranian merchant vessels moved east towards the Strait of Malacca and Singapore due to US sanctions, while several remained near Sri Lankan waters, authorities said.

Sri Lankan officials said Washington had not formally notified Colombo about sanctioned Iranian-flagged vessels

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