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Foreign Minister Sabry stresses importance of Chinese investments

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China’s investments are crucial to Sri Lanka, as the nation seeks much-needed financial support for its development, according to Sri Lanka’s Foreign Minister Ali Sabry. During an interview with Channel News Asia’s (CNA) Chandni Vatvani on Monday, Minister Sabry expressed gratitude for China’s early commitment to investing in Sri Lanka after the defeat of the LTTE in 2009.

“In 2009 when we defeated the LTTE, Sri Lanka was in need of massive investments. We didn’t only invite China, we invited the whole world. Some countries wanted to wait and see, but China took the risk and invested. And we are grateful for that,” he said.

Minister Sabry emphasized that the next phase of Sri Lanka’s development is growth-oriented and requires substantial investments. He highlighted China’s financial capabilities and its role as a strategic partner in the Belt and Road Initiative (BRI) as crucial factors for Sri Lanka.

The minister also dismissed claims of a Chinese debt trap through BRI, stating that China’s investments aim for good returns and economic prosperity. He stressed the importance of Sri Lanka making informed decisions and focusing on investments, partnerships, and growth opportunities rather than borrowing.

Sri Lanka remains neutral in global power struggles and is committed to not allowing its territory to be used for threatening other nations or building military bases. Minister Sabry also underlined the importance of fiscal discipline and consistent monetary policies based on international best practices, noting the lessons learned in the past year.



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10,000 children at 336 Child Development Centers nationwide to receive gift parcels from President today (13)

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Through an initiative taken by President Ranil Wickremesinghe, over 10,000 children under the care of 336 child development centers throughout the country, will receive gift parcels today (13).

The distribution sponsored by Ceylon Biscuits Limited is coordinated by the office of the President with support from the office of the Chief of Defence Staff and the Sri Lanka Army.

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Navy intercept multi-day fishing trawler carrying 200kg of narcotics

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It has been reported that the Sri Lanka Navy has intercepted a multi-day fishing trawler carrying around 200kg of narcotics suspected to be heroin and crystal methamphetamine (‘Ice’) off the southern coast of the island.

The boat and crew  were to be brought to the Galle Harbour,

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Advisory for Severe Lightning issued to Western, Southern, Sabaragamuwa, Northern and North-western provinces and in Monaragala district today (12)

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Advisory for Severe Lightning issued by the natural hazards early warning center at 01.30 p.m. to 11.30 p.m. on 12 April 2024

Thundershowers accompanied by severe lightning are likely to occur at several places in Western, Southern, Sabaragamuwa, Northern and North-western provinces and in Monaragala district.

There may be temporary localized strong winds during thundershowers.

General public is kindly requested to take adequate precautions to minimize damages caused by lightning activity.

ACTION REQUIRED:

The Department of Meteorology advises that people should:
• Seek shelter, preferably indoors and never under trees.

• Avoid open areas such as paddy fields, tea plantations and open water bodies during thunderstorms.

• Avoid using wired telephones and connected electric appliances during thunderstorms.

• Avoid using open vehicles, such as bicycles, tractors and boats etc.

• Beware of fallen trees and power lines.

• For emergency assistance contact the local disaster management authorities.
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