Tag:Sri Lanka

According to the US Trade Representative’s findings, Sri Lanka’s high tariff rates – among the world’s highest by certain metrics – along with unpredictable customs procedures and non-transparent policy shifts, have contributed to strained trade relations.

India played a key role as a co-chair in Sri Lanka’s overall debt restructuring discussions, making it a critical diplomatic player in the island nation’s path to financial recovery.

While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.

Sri Lanka’s history of economic instability, marked by multiple currency collapses and inflation crises, has been exacerbated by excessive monetary stimulus and fiscal mismanagement.

Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.

In a statement released on Wednesday, Justice for All expressed alarm over the deteriorating law and order situation, particularly as the nation undergoes significant political transition.

Sri Lanka’s defense agencies have intensified their vigilance following intelligence reports of a potential extremist group operating in the Eastern Province, the government confirmed Tuesday.

According to the United Nations in Sri Lanka, over 35 per cent of all gender-based harmful speech recorded in November was targeted at women candidates campaigning for the parliamentary elections.