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FSP rules out any truck with JVP

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… accuses some JVP leaders of being in league with top capitalists, eyeing presidency

Frontline Socialist Party (FSP) has ruled out any possibility of teaming up with their erstwhile colleagues of the JVP to form a new political alliance, accusing incumbent leaders of the latter being in league with leading businessmen of the capitalist class.

Addressing an FSP rally in Galle recently, party’s leader Premkumar Gunaratnam said: Those who meet us are asking almost the same question. They ask us why we cannot sink our differences and join hands with the JVP to stand up against the government as a united force. We know that we may have more power when united than being divided. The JVP as a party is not a place unknown to us all in FSP. On the other hand the JVP does not have allegations of corruption or frauds against them. We can work together and we have shown that by supporting the JVP-affiliated organisations in their campaigns. University students with us supported the teachers’ struggle and anti-SAITM campaigns to successful ends. We have no problem with those organisations and we always are with them when they struggle for the cause of the people. Yet, we have a problem with several leaders of the JVP who are now in league with some business tycoons such as Dhammika Perera and Dudley Sirisena who are known as the leaders of the present day capitalist class. How could we join them? On the other hand the JVP has now started to espouse the virtues of the executive presidency. We have heard its top leaders stating that the executive presidency is not that bad. The JVP has been against the executive presidency since its introduction to this country. The present day JVP may change its stance, yet we have no reason to change our policy of detesting the executive presidency. These differences would not let us join with them,” Gunaratnam said.



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Import and Export (Control) Regulations No. 08 of 2026

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The Ministry of Industries and Entrepreneurship Development has recommended the establishment of Sri Lankan Standards, i.e. the import testing methodology for imported tires used for passenger cars and pneumatic tires for three-wheelers with the aim of ensuring a fair competitive environment for local
manufactures and ensuring consumer safety and security.

Taking into the said recommendations, “Import and Export (control regulations N0.08 of the 2026)” has  been enacted to amend the existing regulations by means of the Extraordinary Gazette Notification No. 2508/27 dated 2026-10-01, prescribing Sri Lanka standard 1212 for the import of passenger types (HS Code 4011.10.90) and Sri Lanka standard 1347 for the import of
pneumatic tires for three – wheeled vehicles (HS Code 4011.90.10).

Accordingly, the Cabinet of Ministers has approved the resolution furnished by  the President in his capacity as the Minister of Finance, Planning, and Economic Development to submit the aforementioned regulations to Parliament for  approval.

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Draft Bill of the Public Private Partnership Enterprises Act to be gazzetted

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Approval of the Cabinet of Ministers was granted at their meeting held on 02.06.2025 to introduce a new act to promote and providing legal provisions for facilitating the Public Private Joint Enterprises within Sri Lanka as well as the establishment of the National Agency for Public Private Partnership Joint Enterprises.

Accordingly, the Legal Draftsman has formulated the relevant draft bill and the Attorney General has given his clearance to the said draft bill.

The Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the said
draft bill in the government gazette notification and thereby submit it to the Parliament for its concurrence.

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Amendment of the Ayurvedha Act No. 31 of 1961

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Regulation, development and control of indigenous medical sector in Sri Lanka comprised of Ayurvedha, Sidhdha, Unani, Local Therapies are carried out under the provisions of Ayurvedha Act No. 31 of 1961.

Although amendments were made to the act from time to time as per the requirements, the necessity of further amending the Ayurvedha Act has been identified to enable efficiently maintaining all activities of local medical field productively, further formalizing the regulation of the sector, taking actions to providing licenses applicable to export of local medicines, and achieving the progress and sustainable development goals in the local medical sector.

Based on the said factors, the Cabinet of Ministers granted approval to the resolution furnished by the Minister of Health and Mass Media to direct the Legal Draftsman to formulate a draft bill to amend the Ayurvedha Act No. 31 of 1961.

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