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Monday June 3rd, 2024

India’s economic recovery will benefit Sri Lanka – Dr Jaishankar

India’s External Affairs Minister Dr Subrahmanyam Jaishankar

ECONOMYNEXT – India’s Covid numbers have come down sharply and with vaccination in sight, India’s economic recovery will be “full-blown” by the next quarter with beneficial effects on Sri Lanka, India’s External Affairs Minister Dr Subrahmanyam Jaishankar said.

Addressing a joint press conference with Sri Lanka’s Foreign Minister Dinesh Gunawardena in Colombo this afternoon Jaishankar said Covid “is not just a public health issue but equally, a crisis of the economy. The Indian economy has also shown strong signs of recovery in the last few months.”

The Minister said Covid has given the two countries an opportunity to collaborate even more closely. “Reflecting our Neighbourhood First policy, India has supported Sri Lanka’s efforts to tackle Covid through timely medical assistance. I should also place on record my appreciation to the Sri Lankan Government for its assistance and facilitation in the evacuation of Indian nationals who were stuck here. We are now looking at post-Covid cooperation and I carry back with me Sri Lanka’s interest in accessing vaccines from India.”

Jaishankar also said that he will meet with other important political and community leaders. “There is also an interaction with the business community. To all of them, I carry the message of an India that will always be a dependable partner and reliable friend, open to strengthening its relationship with Sri Lanka on the basis of mutual trust, mutual interest, mutual respect and mutual sensitivity.”

He said there are “many proposals under discussion, including in infrastructure, energy, connectivity, etc. Their early implementation is obviously in mutual interest and would definitely accelerate Sri Lanka’s economic recovery. Let me stress that Indian business is strongly interested in investing in Sri Lanka. We have discussed some important opportunities including in special zones for pharmaceutical manufacturing as also in tourism. I will ensure an early follow-up.”

India also reiterated its support for the reconciliation process in Sri Lanka is longstanding, as indeed for an inclusive political outlook that encourages ethnic harmony. “It is in Sri Lanka’s own interest that the expectations of the Tamil people for equality, justice, peace and dignity within a united Sri Lanka are fulfilled. That applies equally to the commitments made by the Sri Lankan Government on meaningful devolution, including the 13th Amendment to the Constitution.”

“With regard to matters covering fisheries, you would be aware that the India-Sri Lanka Joint Working Group on this issue has met recently where all outstanding issues were discussed in an open and candid manner. We naturally look forward to an early return of our fishermen.

Minister Gunawardena in his reply said that Sri Lanka is grateful for the support given to Sri Lanka by India during the Covid pandemic.

“The Indian Government’s “Neighbourhood First” policy made a very positive impact on our health sector and the economy during the critical period unprecedented crisis and also extended assistance to repatriate Sri Lankans, pilgrims, students and medically concerned,” Gunawardena said.

Sri Lanka has sought “India’s partnership for our economic revival, stability through enhanced investments in different sectors of the economy. Of course, as close neighbours and being littoral states of the Indian Ocean, we discussed defence and security-related matters, as well as the issues related to maritime and fisheries sectors,” he added.

(Colombo, January 6, 2021)

(Update III)
Reported by Arjuna Ranawana

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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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