Ranil, Modi unveil new Indo-Lanka economic partnership vision

Ranil, Modi unveil new Indo-Lanka economic partnership vision Following historic meeting in New Delhi, announce series of measures to catalyse prosperity via promotion of greater cooperation and connectivity in areas of maritime, air, energy and power; trade, economic and financial services and people-to-people Agree to undertake discussions on Economic and Technology Cooperation Agreement with an aim to comprehensively enhance bilateral trade and investments in new and priority areas To undertake mutually agreed joint exploration and production of hydrocarbons in Sri Lanka’s offshore basins with an aim to develop Sri Lanka’s…

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India and SL must forge together long term: President

India and SL must forge together long term: President In keynote at Indian CEO Forum’s annual fellowship banquet Wickremesinghe says together, India and Sri Lanka possess immense potential Ahead of visit to India and meeting with Modi next week President moots long-term relationship between the two nations must transcend individual leaders or political parties  Stresses relationship between India and SL not solely driven by governments but by people who are moving forward at a rapid pace President Ranil Wickremesinghe on Thursday said both India and Sri Lanka should forge together…

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‘Presidential control over DDO undermines power of Parliament’

‘Presidential control over DDO undermines power of Parliament’ By Shamindra Ferdinando Dissident SLPP MP Gevindu Cumaratunga has strongly opposed the government move to place the debt-restructuring programme under President Ranil Wickremesinghe’s control as the latter does not represent Parliament. Addressing Parliament on Saturday (01), the leader of civil society group ‘Yuthukama’ pointed out that the Resolution on the Domestic Debt Optimisation (DDO) was meant to bring the whole process under Finance Minister Wickremesinghe’s power. How could Parliament grant such authority to a person not among elected or appointed members of the current…

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