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Thailand to host BIMSTEC retreat in July

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Thailand is scheduled to host a retreat of BIMSTEC foreign ministers in July, to reinvigorate the 25-year-old intergovernmental organisation, said a report by the Thai PBS World.

An informed source told Thai PBS World that Thailand, the current chair of the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) has scheduled a retreat in Bangkok on July 17th, to exchange views on regional issues as well as ways to move the 25-year old organisation forward. The source said that foreign ministers from all members have agreed to attend.

BIMSTEC’s Southern and Southeast Asian nations include Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. The source added that at the last summit, conducted online with Sri Lanka as the previous chair, the status of BIMSTEC had been elevated to an intergovernmental organisation, which enhances its visibility and credibility at the international level.

One of the priorities under the Thai chair is to implement the BIMSTEC Master Plan on Transport Connectivity, proposed by Thailand back in 2018. Now, as the new lead country in connectivity, Thailand can play an ever more prominent role in enhancing inter-regional connectivity.

Furthermore, it will underpin Thailand’s role as a bridge-builder, transport hub and business link between Southeast and South Asia and between the Indian and Pacific oceans.

BIMSTEC is one of the largest intergovernmental cooperation frameworks worldwide in terms of population, size of economy and economic potential. The region has a combined population of nearly 1.8 billion and a combined gross domestic product of US$4.4 trillion in 2022.

Given the current geopolitical shifts, the BIMSTEC region has more strategic, economic and commercial importance than at any time since its inception in 1997 in Bangkok.

Thailand will work closely with all member States towards realising the vision for a Prosperous, Resilient and Robust, Open BIMSTEC or “PRO BIMSTEC”, while incorporating the BCG economic model as a guiding concept in each sector of cooperation. The source added that Thailand is committed to working for a robust post-pandemic economic recovery, closer business and people-to-people ties and inclusive and sustainable growth for the BIMSTEC region.



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Rs 1. 3 bn yahapalana building deal under investigation

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Jayasinghe building

Several ex-Cabinet ministers questioned; Ranil, Sajith, too likely to be summoned

The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has initiated an inquiry into the shifting of the Agriculture Ministry situated at Rajamalwatte, to a building belonging to the D. P. Jayasinghe Group of Companies, at Rajagiriya, during the Yahapalana government.

The building was rented for a five-year period at a cost of over Rs 1 bn by the yahapalana government within months after the then President Maithripala Sirisena declared opened the 10-storey building complex.

The CIABOC yesterday morning recorded former yahapalana minister Gayantha Karunatilleke’s statement in connection with the investigation. Later in the day, CIABOC recorded the statement of SJB General Secretary Ranjith Maddumabanadara. Earlier CIABOC summoned former ministers Thalatha Atukorale, Wajira Abeywardena and Lakshman Kiriella. At the time of the finalisation of the deal, KIriella was in the UNP.

Sources said that former PM and President Ranil Wickremesinghe, too, was likely to be questioned in this regard. Responding to The Island queries, sources pointed out even SJB leader Sajith Premadasa was expected to be questioned.

The then Speaker Karu Jayasuriya is on record as having said that the building was rented in keeping with a decision taken by the government and not Parliament.

The UNP-SLFP coalition shifted the Agriculture Ministry to accommodate 16 Sectoral Oversight Committees therein.

Although the government paid as much as Rs. 21.5 mn monthly rent to D.P.A. Jayasinghe Company, the Agriculture Ministry failed to move in for over a year. The then Agriculture Minister Duminda Dissanayake sought Cabinet approval on Dec 1, 2015 to rent the building.

According to inquiries conducted earlier by the Presidential Commission appointed to probe state sector corruption, the Agriculture Ministry sought Cabinet approval for a new building after the then Prime Minister Wickremesinghe submitted a cabinet proposal on 21 September, 2015, to use the Agriculture Ministry building for Parliament’s sectoral oversight committees.

PM Wickremesinghe’s Secretary Saman Ekanayake has told the Commission that public funds could have been saved if the several vacant floors of Suhurupaya belonging to the Defence Ministry had been made available to the Agriculture Ministry.

By Shamindra Ferdinando ✍️

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SL Railways suffers staggering losses; more than 2/3 of rail tracks out of service

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Army personnel engaged in repairing damaged railway tracks in the Boo Oya area. Cyclone Ditwah caused extensive damage to railway tracks in several parts of the country (pic courtesy Army)

Railway sources said that the damages caused to railway tracks could be more than USD 300 mn.

According to UNDP Rapid Crisis Assessment Sri Lanka’s railroad system, over 278 km of railways were exposed to cyclone-related flooding, including 35 railroad bridges nationwide. This figure reflects flooding only, but other hazards (such as localised debris, landslides, or damage to a single bridge) can also disrupt operations, meaning that even relatively small obstructions can render long stretches of railway non-operational. Like road exposure, railway exposure limits mobility and the capacity of affected populations to access key services and infrastructure.

At the level of divisional secretariats, Colombo and Thimbirigasyaya in Colombo District, Ja Ela in Gampaha District, as well as Mannar Town and Nanaddan in Mannar District all registered over 10 km of exposed railways each.

Commissioner-General of Essential Services B.K. Prabath Chandrakeerthi is on record as having said that only 478 kilometers of Sri Lanka’s 1,593-km railway network were currently usable following extensive damage caused by the recent cyclone.

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US, SL advancing free, open, and resilient Indo-Pacific region: Embassy

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Allison Hooker

Under Secretary of State for Political Affairs Allison Hooker arrived in Colombo yesterday (11) to underscore US interest in defence, trade and maritime security in line with their Indo-Pacific strategy.

The US embassy here issued the following statement: “Under Secretary Hooker will meet with Sri Lankan counterparts to discuss a wide range of bilateral issues, focused on deepening economic and commercial ties, strengthening defence cooperation, and supporting Sri Lanka’s economic and maritime sovereignty.

The United States and Sri Lanka share a strong and enduring partnership rooted in our mutual commitment to regional security, economic growth, and prosperity for our peoples. Through close cooperation on defence, trade, and maritime security, we are working together to advance a free, open, and resilient Indo-Pacific region.

As we continue to build on our strategic partnership, the United States also stands with the people of Sri Lanka as they respond to the devastating impacts of Cyclone Ditwah. We remain committed to working together to address both immediate challenges and long-term opportunities for our two nations, reflecting our ongoing commitment to the U.S.-Sri Lanka partnership.”

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