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Washington and Colombo keen to finalise trade agreement early 

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A Sri Lankan delegation, visiting Washington to discuss the reduction of the 44 percent reciprocal tariff imposed by the latter, met with US Trade Representative (USTR) Ambassador Jamieson Greer at the USTR office in Washington, DC. Both sides agreed to continue discussions with the aim of finalising a bilateral trade agreement between the two countries, the President’s Media Division said yesterday.

The meeting took place on 22 April.

The Sri Lankan delegation presented a series of communications to Ambassador Greer, updating him on Sri Lanka’s efforts to address past economic challenges and pursue full economic recovery. The delegation emphasised Sri Lanka’s commitment to working with the US to reduce the trade deficit and lower tariff and non-tariff barriers.

Ambassador Greer expressed appreciation for Sri Lanka’s proposals and welcomed the opportunity to negotiate a fair and equitable trade agreement.

Later, the Sri Lankan team met with USTR’s delegation, led by Assistant USTR Brendan Lynch, to further discuss Sri Lanka’s offer. Both parties expressed eagerness to finalise the agreement promptly, PMD said.



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Karu argues against scrapping MPs’ pension as many less fortunate members entered Parliament after ’56

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Karu Jayasuriya

Former Speaker of Parliament Karu Jayasuriya has written to President Anura Kumara Dissanayake expressing concerns over the proposed abolition of MPs’ pensions.The letter was sent in his capacity as Patron of the Former Parliamentarians’ Caucus.

In his letter, Jayasuriya noted that at the time of Sri Lanka’s independence, political participation was largely limited to an educated, affluent land-owning elite. However, he said a significant social transformation took place after 1956, enabling ordinary citizens to enter politics.

He warned that under current conditions, removing parliamentary pensions would effectively confine politics to the wealthy, business interests, individuals engaged in illicit income-generating activities, and well-funded political parties. Such a move, he said, would discourage honest social workers and individuals of modest means from entering public life.

Jayasuriya also pointed out that while a small number of former MPs, including himself, use their pensions for social and charitable purposes, the majority rely on the pension as a primary source of income.

He urged the President to give due consideration to the matter and take appropriate action, particularly as the government prepares to draft a new constitution.The Bill seeking to abolish pensions for Members of Parliament was presented to Parliament on 07 January by Minister of Justice and National Integration Dr. Harshana Nanayakkara.

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Johnston, two sons and two others further remanded over alleged misuse of vehicle

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Former Minister Johnston Fernando and others being escorted out of the Wattala Magistrate Court premises yesterday

Five suspects, including former Minister Johnston Fernando and his two sons, who were arrested by the Financial Crimes Investigation Division (FCID), were further remanded until 30 January by the Wattala Magistrate’s Court yesterday.

The former Minister’s , sons Johan Fernando and Jerome Kenneth Fernando, and two others, were arrested in connection with the alleged misuse of a Sathosa vehicle during Fernando’s tenure as Minister.

Investigations are currently underway into the alleged misuse of state property, including a lorry belonging to Lanka Sathosa, which reportedly caused a significant financial loss to the state.

In connection with the same incident, Indika Ratnamalala, who served as the Transport Manager of Sathosa during

Fernando’s tenure as Minister of Co-operatives and Internal Trade, was arrested on 04 January.

After being produced before the Wattala Magistrate’s Court, he was ordered to be remanded in custody until 09 January.The former Sathosa Transport Manager was remanded on charges of falsifying documents.

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CIABOC indicts MP Chamara Sampath in HC on bribery allegation

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The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) yesterday informed the Colombo Magistrate’s Court that indictments had been filed in the Colombo High Court against former Minister and NDF Badulla District MP Chamara Sampath Dassanayake over a corruption allegation.

The Bribery Commission notified the court when the case, in this regard, was taken up yesterday before Colombo Chief Magistrate Asanga S. Bodaragama.

At the hearing, the CIABOC notified the court that indictments had been presented before the Colombo High Court against the accused.

Accordingly, concluding the proceedings before the Magistrate’s Court, the Magistrate ordered MP Dassanayake to appear before the High Court once a notice was issued.

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