Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* EU pledges Euro 42 million to Sri Lanka to strengthen reconciliation and modernize agriculture
Thu, Apr 6, 2017, 06:58 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 06, Colombo: The European Union (EU) will step up its assistance to Sri Lanka, by providing Euro 42 million (approximately Rs. 6.93 billion) for the implementation of two programs to modernize the agriculture sector and strengthen the reconciliation process in the island nation.

Out of the total non-repayable financial aid, Euro 30 million will support to the Modernization of the Agricultural Sector and Euro 12 million will be for Strengthening the Reconciliation Processes.

Secretary to the Ministry of Finance, Dr. R. H. S. Samaratunga signed the agreements on behalf of the Government in the presence of Ambassador to Sri Lanka and the Maldives for the Delegation of the European Union, Tung Laï Margue.

The Foreign Office of the Federal Republic of Germany and the British Council will also contribute Euro 2.4 million and Euro 100,000 respectively to the program on reconciliation.

The program aimed at Strengthening Reconciliation Processes in Sri Lanka is a direct result of the EU's Foreign Affairs Council (FAC) conclusions on Sri Lanka in October 2015, which envisaged "new opportunities for the EU to engage with the Government of Sri Lanka in making further progress on reconciliation and support priorities of good governance including tackling corruption, promoting respect for human rights and the rule of law".

The program will strengthen the governance of reconciliation processes by seeking institutional consensus across various government entities and civil society, in addition to contributing to strengthening the linkages between the government and the grassroots population.

The program will also facilitate initiatives that link reconciliation and non-recurrence by addressing language barriers and psycho-social needs, as well as using arts and culture to break down barriers between communities.

The EU aims to help modernize the agriculture sector by improving the Government's institutional capacities and by introducing innovative packages and associated market and production infrastructure.


ColomboPage - Recent 10 Stories ::
Law & Order Minister says underworld is being effectively suppressed
-- [47 minutes ago]
Review of new electoral system needed - PM
-- [1 hour and 8 minutes ago]
UNP MPs sign motion expressing confidence in PM, debate on no-confidence motion on 4th April
-- [1 hour and 43 minutes ago]
UNP and UPFA decide to jointly establish power in Galle MC
-- [2 hours ago]
Footsteps to Freedom II: Walking hand in hand towards better mental health in Sri Lanka
-- [2 hours ago]
President orders immediate halt to construction projects, land filling in Muthurajawela sanctuary
-- [3 hours ago]
UK expresses disappointment and concern on Sri Lanka's slow progress in democratic reforms and human rights
-- [3 hours ago]
Sri Lankan President leaves for Pakistan to attend Republic Day celebrations
-- [3 hours ago]
U.S. Embassy and Matara Chamber of Commerce launch American Innovation Hub
Court grants permission to former deputy minister Sarath Kumara Gunaratne to travel abroad

Copyright © 2000, 2016 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.