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China’s Great Wall Corporation pledges assistance to Lankan companies to access Chinese market
Sri Lankan Ambassador to China Dr. Palitha Kohona meeting China Great Wall Industry Corporation President Guo Zhaoping
Sri Lanka expects greater investments from Chinese companies to assist develop its IT industry, particularly in advanced IT education and IT based agriculture, Sri Lankan Ambassador to China Dr. Palitha Kohona said.
This was stated during his visit to the China Great Wall Industry Corporation.
China Great Wall Industry Corporation President Guo Zhaoping affirmed his fullest cooperation and agreed to assist through his companies for Lankan export agricultural products to access the lucrative Chinese market.
Ambassador Dr. Kohona visited the China Great Wall Industry Corporation on an invitation from its President Guo Zhaoping on 05 January 2021. The Sri Lanka delegation spent over eight hours with senior officials of the corporation and discussed potential areas of cooperation in the fields of technology, agriculture, industry, renewable energy and trade. The China Great Wall Industry Corporation is a subsidiary of the China Aerospace Science and Technology Corporation (CASC), a leading State-owned enterprise which has contributed massively to China’s technological advancement.
Ambassador Dr. Kohona briefed the Chinese side on the policy of the government of Sri Lanka on investments, trade and its commitment to the development of the country in line with the policy statement “Vistas of Prosperity and Splendor”. He also elaborated on the concessions made to foreign direct investments by the Budget-2021 and on the opportunities available in Sri Lanka in the fields of IT, education, renewable energy, agriculture, waste to energy management, trade and tourism and in the Colombo Port City and the Hambantota Development Zone.
Emphasizing further on the current government investment policy, Dr. Kohona pointed out that Sri Lanka being an active partner of the Belt and Road Initiative (BRI), expected greater investments from Chinese companies to assist in developing its IT industry, particularly in advanced IT education and IT based agriculture. President Gao affirmed his fullest cooperation. The Company President also agreed to assist in providing assistance through his companies for Sri Lankan companies exporting agricultural products to access the lucrative Chinese market.
Deputy Chief of Mission K.K. Yoganaadan and Minister Commercial Alexi Gunasekera accompanied the Ambassador.
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Electricity tariffs reduced from midnight today – PUCSL
The Public Utilities Commission of Sri Lanka (PUCSL)’s Director of Communications Jayanath Herath announced that the PUCL has decided to reduce electricity tariffs by an average amount of 20% overall for a six month period with effect from midnight today (17)
Accordingly, tariffs have been reduced by 29% for consumers who consume less than 30 units of electricity in the domestic sector.
The consumers who consume between 31 – 60 units of electricity in the domestic sector will receive a 28% reduction of the tariff.
The consumers who consume between 61 – 90 units of electricity in the domestic sector will receive a 19% reduction of the tariff
The consumers who consume between 91 – 180 units of electricity in the domestic sector will receive a 18% reduction of the tariff
The tariff reduction for Government Institution is 11%, Religious Institutions is 21% , factories is 30% and for hotels is 31%
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Chief observer of the Election Observation Mission of the European Union (EU) Meets Prime Minister
José Ignacio Sánchez Amor, Chief Observer of the Election Observation Mission of the European Union (EU) and Member of the European Parliament, met with Prime Minister Dr. Harini Amarasuriya at the Prime Minister’s Office on Thursday [16th January].
Carmen Moreno, Ambassador of the European Union to Sri Lanka, and the Deputy Head of the European Union Delegation to Sri Lanka, accompanied Mr. Sánchez Amor. Officials from the Ministry of Foreign Affairs and the Prime Minister’s Office also participated in the meeting.
[Prime Minister’s Media Division]
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