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Monday June 3rd, 2024

Xi meets Sri Lanka PM as China eyes main Colombo airport development 

ECONOMYNEXT – Chinese President Xi Jinping met Sri Lanka Prime Minister Dinesh Gunawardena on Wednesday while Beijing expressed its intertest in developing the island nation’s main Bandaranaike International Airport (BIA) where Japan has pledged the second terminal while Indian firm is to be given management.

Prime Minister Gunawardena’s six-day official visit to China comes after Beijing raised concerns over Sri Lanka’s decision to ban its research vessels before allowing a German research ship for replenishment early this month.

“Both countries agreed to continue to act under the friendship, peace, mutual respect and fivefold principle in international affairs that do not interfere in the internal affairs of a country,” Prime Minister Gunawardena’s office said in a statement on the meeting with the Chinese President Xi.

“It was emphasized that bilateral relations should be based on mutual respect and mutual productivity between the countries, and acting according to that policy would set a good example for both countries.”

“The Chinese President also assured that China will support the schemes necessary for the development of Sri Lanka as soon as they are presented. Chinese President assured continuous support of China to Sri Lanka’s efforts for political and socioeconomic progress. Chinese President said that China will always stand for safeguarding independence, territorial integrity and sovereignty of Sri Lanka.”

CLOSE CORPORATION WITH CPC

Xi also stated that the party representing the Prime Minister and other parties in Sri Lanka hope to further increase cooperation with the Chinese Communist Party (CPC), it said.

“Prime Minister thanked the President for assistance provided during the unprecedented economic crisis and extending debt restructuring facilities,” the PM office said.

“He explained the progress in implementation of decisions taken during the visit of President Ranil Wickremesinghe to China. Prime Minister also thanked President Xi Jinping for the support extended to sectors such as school education, agriculture, health, technology, culture and religion.”

Sri Lanka banned all foreign research vessels after President Wickremesinghe’s government allowed two Chinese research ships within 14 months. The first one in August 2022 called for crew change and replenishment while the second one in October 2023 came for research with a local Sri Lankan organization.

Sri Lanka has imposed the ban after strong protest by India, government officials have told EconomyNext.

Before the meeting with Xi jinping, Prime Minister Gunawardena met Chinese Prime Minister Li Qiang.

The Chinese Prime Minister assured to his sri Lankan counterpart Beijing’s assistance to Sri Lanka’s debt restructuring process continuously and help Sri Lanka to develop its economy .

“During the high level bilateral talks held today (Wednesday) in Beijing, the Chinese Prime Minister praised Sri Lanka’s economic progress after a period of economic downside,” PM office said in a separate statement.

“Premier Li Qiang said his country world also extend assistance to develop Katunayake International Airport, Hambantota Port and Colombo Port City.”

Already Japan International Cooperation Agency (JICA) last month said they will support the construction of the second terminal of the Katunayake Airport after the financial restructuring process is implemented by the International Monetary Fund (IMF).

In January, Sri Lanka government said an Indian firm is in the process of being given to manage Sri Lanka’s three airports including the main airport where the island nation has now seen an over saturation in foreign tourists. (Colombo/March 28/2024)

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Water levels rising in Sri Lanka Kalu, Nilwala river basins: Irrigation Department

Sri Lanka Navy assisting in rescue operations (Pic courtesy SL Navy)

ECONOMYNEXT – Sri Lanka’s Irrigation Department has issued warnings that water levels in the Kalu and Nilwala river basins are rising and major flooding is possible due to the continuous rain. People living in close proximity are advised to take precautions.

“There is a high possibility of slowly increasing prevailing flood lowline areas of Kiriella, Millaniya, Ingiriya, Horana, Dodangoda, Bulathsinhala, Palinda Nuwara and Madurawala D/S divisions of Ratnapura and Kalutara Districts, up to next 48 hours,” it said issuing a warning.

“In addition, flood situation prevailing at upstream lowline areas of Ratnapura district will further be prevailing with a slight decrease.

“The residents and vehicle drivers running through those area are requested to pay high attention in this regard.

“Disaster Management Authorities are requested to take adequate precautions in this regard.”

The island is in the midst of south western monsoon.

DMC reported that 11,864 people belonging to 3,727 families have been affected due to the weather in Rathnapura, Kegalle, Kilinochchi, Jaffna, Mullaitivu, Kalutara, Gampaha, Colombo, Galle, Matara, Hambantota, Puttalam, Kurunegala, Kandy, Nuwara Eliya, Anuradhapura, Polonnaruwa, Badulla, Moneragala, and Trincomalee districts.

Meanwhile, the Meteorology Department stated that showers are expected on most parts of the island today.(Colombo/June3/2024)

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UNP gen secy defends call for postponing Sri Lanka poll, claims opposition silent

The UNP party headquarters in Pitakotte/EconomyNext

ECONOMYNEXT — United National Party (UNP) General Secretary Palitha Range Bandara has defended his call for postponing Sri Lanka’s presidential election by two years, claiming that his proposal was not undemocratic nor unconstitutional.

Speaking to reporters at the UNP headquarters Monday June 03 morning, Bandara also claimed that neither opposition leader Sajith Premadasa nor National People’s Power (NPP) leader Anura Kumara Dissanayake have spoken against his proposal.

“I have made no statement that’s undemocratic. My statement was in line with provisions of the constitution,” the former UNP parliamentarian said.

He quoted Section 86 of Chapter XIII of the constitution which says: “The President may, subject to the provisions of Article 85, submit to the People by Referendum any matter which in the opinion of the President is of national importance.”

Sections 87.1, 87.2 also elaborates on the matter and describes the parliament’s role, said Bandara.

“I spoke of a referendum and parliament’s duty. Neither of this is antidemocratic or unconstitutional. As per the constitution, priority should be given to ensuring people’s right to life,” he said.

“Some parties may be against what I proposed. They may criticse me. But what I ask them is to come to one position as political parties and make a statement on whether they’re ready to continue the ongoing economic programme,” he added.

Bandara claimed that, though thee has been much criticism of his proposal for a postponement of the presidential election, President Wickremesinghe’s rivals Premadasa and Dissanayake have yet to remark on the matter.

“I suggested that [Premadasa] make this proposal in parliament and for [Dissanayake] to second it. But I don’t see that either Premadasa nor Dissanayake is opposed to it. To date, I have not seen nor heard either of them utter a word against this. I believe they have no objection to my proposal which was made for the betterment of the country,” he said. (Colombo/Jun03/2024)

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300 of 100,000 trees in Colombo considered high risk: state minister

ECONOMYNEXT – Trees in Sri Lanka’s capital Colombo are being monitored by the municipal council, Army and Civil Defense Force as the severe weather conditions continue, State Minister for Defense Premitha Bandara Tennakoon said.

“Within the Colombo Municipal Council city limits, there are 100,000 trees. Of these, around 300 are considered high risk,” Tennakoon told reporters at a media conference to raise awareness about the current disaster management situation.

Not all trees required to be cut down he said. “We can trim some of the branches and retain them.”

The problem was that buildings in the vicinity of the tree had cut branches on one side, causing it to become unbalanced, the minister said.

New laws would be brought in so provincial/municipal institutions could strengthen enforcement of building codes.

“We don’t have a single institution that can issue a warning about a tree. Not one to tell us what trees can or cannot be planted near a road.

“Trees should be suitable for the area. Some trees have roots that spread and damage roads, buildings. When the roots can’t go deep, they tend to topple over.

“Now Environment Day is coming up, and anyone can go plant a tree by the road. We have to take a decision about this. We have to enforce laws strongly in future.” (Colombo/June3/2024)

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