Connect with us

News

Veteran Communist DEW recalls modern-day bonds between China and Lanka

Published

on

Two landmark achievements of the Chinese people during the last decade were the alleviation of abject poverty and the new Silk Road Economic Project (Belt and Road Initiative). China lifted 800 million people out of abject poverty. More than one hundred countries have gained entry to BRI, President of the Commemorative Committee of the 65th Anniversary of Sri Lanka – China Diplomatic Relations Dew Gunasekara, has told an event held recently at the Nelum Pokuna Theatre, Colombo.

Among those present on the occasion were Prime Minister Mahinda Rajapaksa, former President Maithripala Sirisena, former PM Ranil Wickremasinghe and the Ambassador of the People’s Republic of China,Russia, Vietnam and Cuba

Gunasekera said at the outset, “May I convey our fraternal greetings to the General Secretary of the Communist Party of China, Comrade Xi Jin Ping and other comrades on this significant occasion of the 65th Anniversary of Diplomatic Relations?

“Sri Lanka – China-friendly relations are more important and relevant today than ever, domestically, regionally and globally.

“Why?”

Firstly, the 1st Century belongs to Asia after 500 years since the 15th Century; Asia has become the vanguard of the World Economy.

“Secondly, Asia is more united than ever before.

“Thirdly, with the withdrawal of US Forces from Afghanistan, Asia relatively is more peaceful, particularly as peace is dawning for the people of the Middle East since the 2nd World War.

“Fourthly, China is today the engine of growth in the Asian Economy.

The 20th Century had witnessed two world wars, so many National Liberation struggles, the birth of new Independent States, the birth of Republics also many military coups and conspiracies, ethnic and religious conflicts engineered by Imperialists.

“We entered the 21st Century with hopes and aspirations for a better future. Now a new era is emerging as China has become the second-largest economy in the world.

“Looking back, the whole historical process of transition in Asia commenced with the first Democratic Revolution of China in 1911. The feudal kingdom was abolished. However Imperialism and feudalism prevented China from enacting a new republican constitution–so the task of the second Democratic Revolution was bestowed on the Young Communist Party of China which accomplished that historic task in 1949.

“The Chinese revolution was a source of strength and inspiration to the people in the rest of Asia. From 1949 till 1975 i.e., the end of the Vietnam War, China had been for 26 years isolated from the rest of the world.

“The contribution made by Chinese people for the course of national and social liberation in Asia is significantly remembered with deep respect to the Chinese leadership.

“China after the Revolution had to rebuild from scratch. It regained its seat in the UN only in 1976.

” So, China had to look for a new economic strategy in the context of global trends of economic globalization and neo-liberalism. The new strategy of openness and reforms initiated under the dynamic leadership of Deng Xiao Ping was the turning point of New China.

“The 21st Century witnessed the rise of China in the global economy. Since 2010 China had a phenomenal economic growth of development turning China into the second-largest economy in the world.

“In 2021, despite the global economic downturn and negative effects of COVID-19, China became a $ 19 trillion economy. At the start of the Century in the year 2000, it was only $ 7 trillion. It is now advanced in all spheres of economic activity. Chinese advancement in science and technology is miraculous.

“These changes unprecedented in human history are taking place under the dynamic leadership of Xi Jin Ping – General Secretary of the Communist Party of China.

“China being the largest exporter, the largest importer, largest food producer, largest foreign exchange reserve, a huge market with a middle class alone of 500 million people is a decisive factor in the global economy.

“Chinese economists have devised new instruments and mechanisms in order to face the challenges of the global economic crisis. With the disruption of the supply chain with the onset of COVID- 19 Chinese economists through a mechanism of dual circulation diverted excess exports from the export market into the internal market.

” Karl Marx had predicted the potential market of China as a decisive factor, Vladimir Lenin in his last theoretical contribution has also stressed the need for a Chinese Revolution for the Socialist Transformation. This is precisely why the Sri Lanka-China friendship is all important today. The significance of the Bandung principles of peace and peaceful co-existence has become more relevant today.

“The reality of the new China is recognised by all and that is precisely why all political party leaders are gracing this occasion with their kind presence.

“Dr. S.A. Wickremasinghe, the founding leader of the Communist Party of Sri Lanka was the first to meet the leaders of the Chinese Revolution in 1950, soon after the Revolution. The first political party delegation was led by Phillip Gunawardena. The first Cabinet Minister who visited new China was R.G. Senanayake, Minister of Trade and Commerce in the Dudley Senanayake Government.

“The first Buddhist monk, who met Thera, was instrumental in forming the Sri Lanka- China Friendship Society, Afro-Asian Solidarity Organisation, and Sri Lanka Peace Council?. He was the unknown personality operating behind the Rubber-Rice Agreement.

“The first Government Official to visit China on an official assignment was Prof. Jayantha Kelegama, the eminent economist representing the Ministry of Trade and Commerce. It was in connection with the historic Rubber- Rice Agreement.

“Prime Minister Mrs. Sirimavo Bandaranaike was the first head of the government to visit the People’s Republic of China.

“The first Lankan Ambassador to the new People’s Republic of China was Wilmot A. Perera, a pioneer of the Sooriya Mal Movement – one of the vanguards of the Anti-imperialist struggle.

“I take this opportunity to record with deep appreciation the initiative taken by all party leaders for strengthening fraternal Relations. “



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

58,454 International aircraft movements in Sri Lanka in first 11months of 2025 – Ministry of Ports and Civil Aviation

Published

on

By

According to figures released by the Ministry of Ports and Civil Aviation there have been 58,454 international aircraft movements in the first 11 months of 2025 in Sri Lanka. [An  aircraft movement refers to the count of take offs and landings at an airport]

The figures also confirm that tourist arrivals via air stands at 2.1 million.

Continue Reading

Latest News

Highest revenue in 93-year history of Inland Revenue Department collected in 2025

Published

on

By

The Inland Revenue Department has succeeded in collecting Rs. 2,203 billion in revenue in 2025, the highest amount recorded in its 93-year history. This represents a surplus of Rs. 33 billion over the revenue target for the year and a 15 per cent increase compared with the revenue collected in the previous year, stated Commissioner-General of Inland Revenue Ms Rukdevi Fernando.

She made these remarks at a discussion held on Tuesday (30)  morning at the Department’s auditorium under the patronage of President Anura Kumara Dissanayake.

Marking the first occasion in the 93-year history of the Inland Revenue Department that a President has visited the Department, the President attended a meeting with the staff  to review the progress achieved in 2025 and the new plans for 2026.

The President expressed his appreciation to all officers and staff of the Inland Revenue Department for surpassing the revenue expected by the Government and urged everyone to continue working towards a common objective in order to realise the economic transformation required for the country.

Emphasising that no individual is entitled to the privilege of evading taxes, the President stated that the era in which a tax culture prevailed based on personal or political affiliations has come to an end. He further stressed that the law will be enforced without hesitation, irrespective of status, against those who attempt to evade taxes.

The President also pointed out that tax collection is neither repression nor coercion but a legitimate right of the State, adding that necessary changes will be made to laws, regulations, designations and staffing in order to secure this contribution.

He further emphasised that the Government’s objective is to ensure that the benefits of these economic achievements flow to the people of the country. The Government is focusing on improving essential public services to enhance the quality of life, undertaking a new transformation of the transport system and providing adequate allocations for the development of the education and health sectors.

The President also highlighted the need for a targeted programme to properly collect the taxes due to the Government by addressing issues such as improving tax literacy, simplifying the tax system and filling staff shortages.

Ms Rukdevi Fernando stated that the professional competence and dedication of the Department’s officers were the key factors behind this success.

She further noted that a revenue target of Rs. 2,401 billion has been set for 2026 and that the Department expects to achieve this through programmes aimed at enhancing tax compliance and broadening the tax base.

In addition, she said that the Department plans to expand third-party data sharing, strengthen investigations into domestic and overseas assets, take over the RAMIS system, reinforce risk-based auditing, introduce e-invoicing, adopt modern technology for tax administration and enhance tax ethics in 2026.

Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando, Deputy Minister of Economic Development Nishantha Jayaweera, Secretary to the President Dr Nandika Sanath Kumanayake, Commissioner-General of Inland Revenue Ms Rukdevi Fernando and senior officials and staff of the Department were present at the occasion.

Continue Reading

Business

Sri Lanka Customs exceeds revenue targets to enters 2026 with a surplus of Rs. 300 billion – Director General

Published

on

By

The year 2025 has been recorded as the highest revenue-earning year in the history of Sri Lanka Customs, stated Director General of Sri Lanka Customs, Mr. S.P. Arukgoda, noting that the Department had surpassed its expected revenue target of Rs. 2,115 billion, enabling it to enter 2026 with an additional surplus of approximately Rs. 300 billion.

The Director General made these remarks at a discussion held on Tuesday  (30)  morning at the Sri Lanka Customs Auditorium, chaired by President Anura Kumara Dissanayake.

The President visited the Sri Lanka Customs Department this to review the performance achieved in 2025 and to scrutinize the new plans proposed for 2026. During the visit, the President engaged in extensive discussions with the Director General, Directors and senior officials of the Department.

Commending the vital role played by Sri Lanka Customs in generating much-needed state revenue and contributing to economic and social stability, the President expressed his appreciation to the entire Customs employees for their commitment and service.

Emphasizing that Sri Lanka Customs is one of the country’s key revenue-generating institutions, the President highlighted the importance of maintaining operations in an efficient, transparent and accountable manner. The President also called upon all officers to work collectively, with renewed plans and strategies, to lead the country towards economic success in 2026.

The President further stressed that the economic collapse in 2022 was largely due to the government’s inability at the time to generate sufficient rupee revenue and secure adequate foreign exchange. He pointed out that the government has successfully restored economic stability by achieving revenue targets, a capability that has also been vital in addressing recent disaster situations.

A comprehensive discussion was also held on the overall performance and progress of Sri Lanka Customs in 2025, as well as the new strategic plans for 2026, with several new ideas and proposals being presented.

Sri Lanka Customs currently operates under four main pillars, revenue collection, trade facilitation, social protection and institutional development. The President inquired into the progress achieved under each of these areas.

It was revealed that the Internal Affairs Unit, established to prevent corruption and promote an ethical institutional culture, is functioning effectively.

The President also sought updates on measures taken to address long-standing allegations related to congestion, delays and corruption in Customs operations, as well as on plans to modernize cargo inspection systems.

The discussion further covered Sri Lanka Customs’ digitalization programme planned for 2026, along with issues related to recruitment, promotions, training and salaries and allowances of the staff.

Highlighting the strategic importance of airports in preventing attempts to create instability within the country, the President underscored the necessity for Sri Lanka Customs to operate with a comprehensive awareness of its duty to uphold the stability of the State, while also being ready to face upcoming challenges.

The discussion was attended by Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayanta Fernando, Deputy Minister of Economic Development, Nishantha Jayaweera, Secretary to the President, Dr. Nandika Sanath Kumanayake, Deputy Secretary to the Treasury, A.N.Hapugala, Director General of Sri Lanka Customs,  S.P.Arukgoda, members of the Board of Directors and senior officials of the Department.

Continue Reading

Trending