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Lanka seeks long-term credit line from KSA to procure oil

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Environment Minister Naseer Ahamed initiates talks

Special Envoy of President Ranil Wickremesinghe to the Kingdom of Saudi Arabia (KSA), Environment Minister Naseer Ahamed has entered into discussions with the Saudi government, seeking Riyadh’s collaboration with Colombo, for a five-year credit line of US $ 6 billion per annum for the supply of fuel, on a government to government basis as a long-term solution to Sri Lanka’s current economic crisis, sources disclosed.

Minister Ahamed as special envoy also proposed Saudi investments in Sri Lanka for manufacturing fertiliser, constructing petroleum storage facilities, establishing fuel supply stations, modernising and expanding the refinery, opportunities in mining minerals and promoting renewable energy.

During the meeting with the Saudi Vice Minister of Foreign Affairs, Waleed Al Khuraiji, in Riyadh, last week, Minister Ahamed intimated President Wickremesinghe’s desire to invite the Saudi Crown Prince Mohammed bin Salman to visit Sri Lanka at his convenience. A possible visit of President Wickremesinghe to Riyadh, prior to the Saudi ruler’s visit to Sri Lanka, had also surfaced in the discussions, sources said.

At the meeting with Eng. Mansour bin Hilal Al Mushaiti, Vice Minister of Environment, Water and Agriculture, Special Envoy and Environment Minister Ahamed referred to the role of coconut peat in the 10 million trees project of the Saudi Green Initiative and the possibilities of the Saudi Ministry investing in a coco-peat venture in Sri Lanka, and also setting up a fertiliser manufacturing project, that may help Sri Lanka achieve self-sufficiency in food. The Ministers followed up with a visit to the Saudi Basic Industries Corporation (SABIC) which produces fertilisers, industrial polymers, triple phosphate fertiliser and petrochemicals. ‘SABIC’ had responded with its readiness to supply Sri Lanka’s requirements, on a government to government basis, or to the private sector.

The Sri Lankan Minister also called on the Saudi Development Fund. Its CEO, Dr. Sultan Al Marshad said that the Fund is principally a development partner in projects and a lending agency. They would take a flexible approach, if invited for the meetings relating to the restructuring of Sri Lanka’s loans with other lending nations and entities, and that the Fund’s participation can benefit Sri Lanka.

The Special Envoy also visited the ACWA Power headquarters, in Riyadh, an entity which had made investments worth US $ 2.4 billion, in Uzbekistan, on 22nd August, this year, on a 1.5 GW wind farm project, and invited the group to explore investment opportunities in Sri Lanka. ACWA Power had already indicated interest in investing, in the range of US $ 600 to 800 billion, in Sri Lanka.

According to an internal report, received by the government from Riyadh, the Arabic speaking Environment Minister of Sri Lanka, “an alumnus of the King Fahd University of Petroleum and Mineral, in Riyadh, had received considerable recognition during all his engagements with the Saudi establishments, widening considerably the scope for cooperation between the two countries”.

The Environment Minister was in Saudi Arabia, from 28 August to 1st September, and was accompanied by Sri Lanka’s Ambassador to Saudi Arabia, P. M. Amza, and other officials. The Minister is understood to have briefed the President and the Cabinet on Monday.



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Govt. extends ban on LTTE

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The NPP government has issued a new extraordinary gazette renewing and extending Sri Lanka’s long-standing ban on the LTTE and several Tamil diaspora organisations and individuals, continuing to designate them as “terrorists”.

The gazette, published recently, replaces a previous gazette issued in May 2025 and reaffirmed the proscription of a wide range of Tamil political and advocacy bodies operating around the world, alongside dozens of named individuals. The government alleged both the organisations and individuals listed are involved in “terrorism-related activities”.

The organisations blacklisted by the Sri Lankan government include:

• Liberation Tigers of Tamil Eelam (LTTE)

• Tamil Rehabilitation Organisation (TRO)

• Tamil Coordinating Committee (TCC)

• World Tamil Movement (WTM)

• Transnational Government of Tamil Eelam (TGTE)

• World Tamil Relief Fund (WTRF)

• National Council of Canadian Tamils (NCCT)

• Tamil Youth Organisation (TYO)

While the majority of the designations mirror those contained in the May 2025 gazette, the latest document updates identification details and addresses for a number of individuals and introduces at least one additional organisation to the list. All entries have been reissued under new reference numbers for 2026, though the underlying allegations and framing remain unchanged.

Successive governemnts have maintained a sweeping proscription regime against Tamil diaspora groups and individuals. A ban can make it a criminal offence for Sri Lankan citizens to maintain contact with these organisations or their members, severely restricting political engagement and stifling links between the diaspora and the Tamil homeland.

The original mass listings were introduced in 2014 under the administration of Mahinda Rajapaksa. Despite repeated outcry, subsequent governments have continued to uphold and renew the proscription regime, even after the Rajapaksas were voted out of power.

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Police obtain court order banning Wimal’s protest

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National Freedom Front (NFF) leader Wimal Weerawansa addresses a gathering outside the Education Ministry on Monday before launching a protest demanding the immediate resignation of Prime Minister Dr. Harini Amarasuriya as Education Minister over the inclusion of a link to an adult content website in the Grade 06 English module. (Pic by Thushara Atapattu)

Police yesterday (12) obtained an injunction order from the Kaduwela Magistrate’s court against the protest launched by National Freedom Front (NFF) leader and former Minister Wimal Weerawansa opposite the Education Ministry, Isurupaya, at Battaramulla.

Police informed Weerawansa of the court order. In line with the court order, the police informed Weerawansa that the road near the Ministry should not be obstructed and that no sound amplification equipment be used while the GCE Advanced Level (A/L) examination is in progress. The examination, put off due to Cyclone Ditwah, recommenced yesterday.

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Chinese Foreign Minister Wang Yi expresses optimism that Sri Lanka is on the right path to progres

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FM Herath with his Chinese counterpart Wang Yi

Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath held productive discussions with his Chinese counterpart Wang Yi today (12/01), during the latter’s brief visit to Sri Lanka.

The meeting aimed at further strengthening bilateral engagement and advancing the Strategic Cooperative Partnership between the two countries. Both Ministers reaffirmed the longstanding friendship and time-tested cooperation between Sri Lanka and China rooted in centuries of exchanges and consolidated since the establishment of diplomatic relations seven decades ago. The discussion also focused on enhancing partnership in the areas of trade, investment, development cooperation and tourism.

Minister Herath extended deep appreciation to the Government and the people of China for the steadfast support extended to Sri Lanka following cyclone Ditwah and requested further support for the second phase of resettlement, relocation and rebuilding, particularly for the restoration of affected infrastructure including identified roads, railways and bridges that are vital to connectivity, economic recovery and daily lives of people. Minister Wang assured China’s fullest support for this initiative and expressed confidence that Sri Lanka will continue its rapid recovery under the leadership of President Anura Kumara Disanayaka. He also welcomed the people-centric policies of the Government and expressed optimism that Sri Lanka is on the right path toward fulfilling aspirations of its people.

Minister Herath expressed appreciation for China’s constructive role in international fora and reiterated Sri Lanka’s firm commitment to the One China Policy and China’s sovereignty and territorial integrity.

Both Ministers also recalled the successful high level exchanges in the recent past, including visits of the President and the Prime Minister of Sri Lanka to China in 2025.

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