News
Lankan trade delegation to visit Pakistan

Trade Minister Bandula Gunawardena will be visiting Pakistan on January 23 accompanied by representatives from 40 to 50 companies to explore avenues of cooperation and collaboration with the business community of Pakistan, said a report published by the Express Tribune quoting Lankan Consul General in Pakistan Jagath Abeywarna.
Addressing a meeting at the Karachi Chamber of Commerce and Industry (KCCI) on Thursday, the envoy stressed that the delegation would explore the possibility of enhancing trade and investment ties with Pakistani counterparts besides exploring avenues in the tourism sector.
“Most Sri Lankan tourists, who regularly visit India and Nepal, are not much aware of the historical sites in Pakistan,” he said.
He sought the chamber’s cooperation in arranging business-to-business meetings during the visit of the delegation.
He termed exchange of trade delegations the “only way” to improve trade and investment ties between the two sides and advised KCCI to arrange a similar delegation to Sri Lanka.
He was of the view that there was an immense potential to uplift two-way trade and investment.
“Pakistan has very strong pharmaceutical and textiles industries,” he said. “Products from these segments can be exported to Sri Lanka as we import almost all types of pharmaceutical products and fabrics.”
He voiced hope that a huge number of Sri Lankan companies would participate in ‘My Karachi Exhibition’ which was scheduled to be held at Karachi Expo Centre from February 11 to 13, 2022.
On the occasion, KCCI President Muhammad Idrees assured the envoy that his chamber would welcome and facilitate the delegation during its forthcoming visit to Karachi by organising business-to-business meetings.
Quoting statistics, he pointed out that the country’s exports to Sri Lanka stood at $324.7 million during the year 2020 while imports from Sri Lanka were recorded at $78.9 million.
“The actual trade potential is much higher than what the current statistics reveal and we are determined to tap it with join efforts and close coordination with the Sri Lankan side,” he emphasised.
Talking to The Express Tribune, Arif Habib Commodities CEO Ahsan Mehanti underlined that Sri Lanka was an important export market for agriculture and value-added products.
“The economic relations and free trade agreement can prove to be beneficial for both countries give that trade between Pakistan and India is currently suspended,” he said, adding that both the countries were interested in expanding export of services. Furthermore, he emphasised that the two sides could practice barter trade to arrest currency depreciation.
“Sri Lanka is one of those countries where Pakistan and Pakistanis are regarded highly,” said Centre for Peace and Development Initiatives (CPDI) CEO Mukhtar Ahmad Ali.
He was of the view that the government should take proactive steps to strengthen the bilateral relations in diverse sectors including education, health and sports besides enhancing people-to-people ties.
Talking about tourism, Pakistan Business Forum (PBF) Vice President Ahmad Jawad lamented that Sri Lankan tourists largely stayed away from Pakistan which might be “due to lack of marketing and awareness.”
“On the flip side, a huge number of Pakistani tourists visit Sri Lanka,” he underlined. “There needs to be reciprocation in this regard.”
“We need to market our agriculture products through roadshows and Sri Lankan authorities can help us in this regard,” he added.
Pakistan also had a huge export potential in textile products to Sri Lanka, Jawad underlined.
News
Prime Minister meets with U.S. Ambassador and USAID delegation to discuss future of development cooperation

Prime Minister Dr. Harini Amarasuriya, met Ms. Julie J. Chung, U.S. Ambassador to Sri Lanka, and Ms. Maureen Hsia, Acting Mission Director and Programme Office Director for USAID Sri Lanka and Maldives at the Parliament recently. The meeting focused on the evolving framework of U.S. foreign assistance to Sri Lanka and potential avenues for sustained cooperation.
The US delegation briefed the Prime Minister on the recent three-month moratorium imposed on all foreign assistance by the United States, pending a comprehensive review by the U.S. Department of the Treasury. Discussions centered on the implications of this decision, particularly its potential impact on key development initiatives such as the women’s shelter project, and broader humanitarian concerns if current support mechanisms are disrupted.
Both parties acknowledged the critical role of the United States as a global leader in development and emphasized the importance of continuing bilateral collaboration. The Prime Minister welcomed the United States’ commitment to identifying alternative modalities to ensure uninterrupted support for Sri Lanka’s development priorities. In addition, the meeting addressed tariff negotiations, recognizing their relevance in bolstering economic resilience and supporting the country’s long-term growth trajectory.
Also in attendance were Ms. Angelina Hermon, Acting Director of the Office of Governance and Vulnerable Populations, and Ms. Nirmi Vitharana, Project Management Specialist from the Office of Economic Growth. Representing the Government of Sri Lanka were Pradeep Saputhanthri, Secretary to the Prime Minister; Ms. Sagarika Bogahawatta, Additional Secretary to the Prime Minister; and Ms. Pramuditha Munasinghe, Director of the North America Division at the Ministry of Foreign Affairs.
[Prime Minister’s Media Division]
Business
President briefs Sri Lankan delegation leaving for tariff related discussions in Washington

A Sri Lankan delegation is set to participate in discussions in Washington, D.C., focusing on tariff-related matters, following an invitation extended by the Office of the United States Trade Representative (USTR). This is the second in-person meeting aimed at ongoing efforts to strengthen bilateral trade relations between the two nations.
This initiative builds on several prior virtual interactions held between the USTR and Sri Lankan officials, and underscores a commitment to deepening economic ties. The upcoming talks are anticipated to explore avenues for enhancing trade cooperation and securing favourable outcomes for Sri Lanka, in light of current economic priorities.
Ahead of the visit, a high-level meeting was convened today under the leadership of President Anura Kumara Disanayake to ensure the country’s interests are well represented. The discussion focused on aligning the delegation’s approach with Sri Lanka’s broader economic strategy, ensuring the best possible outcomes from the upcoming discussions.
Key participants at the meeting included Deputy Minister of Finance and Planning Dr. Harshana Suriyapperuma; Secretary to the Ministry of Trade, Commerce, Food Security and Cooperative Development, K.A. Vimalenthirarajah; Duminda Hulangamuwa, Senior Economic Advisor to the President; Governor of the Central Bank Dr. Nandalal Weerasinghe; Secretary to the Ministry of Finance, Planning and Economic Development K.M.M. Siriwardana; Nirmal Vigneshwaran, representing the Attorney General’s Department; and Dharshana Perera from the Ministry of Foreign Affairs.
Details of the discussions in Washington are expected to be made available following the conclusion of the meetings.
[PMD]
Latest News
Professor I.M. Karunathilake appointed Vice Chancellor of the University of Colombo

President Anura Kumara Disanayake has appointed Professor I.M. Karunathilake as the new Vice Chancellor of the University of Colombo.
The official letter of appointment was handed over to Professor Karunathilake on Friday (23) at the Presidential Secretariat by Secretary to the President Dr. Nandika Sanath Kumanayake.
Professor Karunathilake is a pioneer in the field of medical education in Sri Lanka and holds the distinction of being the first Professor of Medical Education at the University of Colombo. He has been a member of the university’s academic staff since June 2000. He is an alumnus of the University of Colombo and the University of Dundee in Scotland, UK, and also holds senior fellowships from UK’s Higher Education Academy and the Royal College of Physicians of Edinburgh.
Internationally recognized for his expertise in medical education, Professor Karunathilake has contributed significantly at both regional and global levels through his work with leading organizations such as the World Health Organization (WHO), the World Bank, the Asian Development Bank (ADB), the Asia Pacific Academic Consortium for Public Health (APACPH), and the South-East Asian Regional Association for Medical Education (SEARAME).
He has previously served as the Secretary of the Sri Lanka Medical Association (SLMA) and was the founding President of the College of Medical Educationists (CME) in Sri Lanka. He has also served as Vice President of the Organization of Professional Associations (OPA). In 2021, Professor Karunathilake was unanimously elected as Secretary-General of the APACPH, becoming the first Sri Lankan to hold this prestigious position.
With this appointment, Professor I.M. Karunathilake becomes the 20th Vice Chancellor of the University of Colombo, an institution originally established in 1921 as the University of Ceylon.
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