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

Leading News from Sri Lanka::

* Sri Lanka President says government policy is to bring foreign investment without harming the interests of the country
Thu, Aug 10, 2017, 10:53 am SL Time, ColomboPage News Desk, Sri Lanka.

Aug 10, Colombo: Sri Lanka's President Maithripala Sirisena says the policy of the present government is to bring foreign investment in a way which will not harm the country's sovereignty.

The President further said that when entering into agreements with a foreign country or a company regarding investments, a special clause will be included stating that in any way land ownership is not assigned to anyone and only the necessities of a particular investment will be fulfilled.

He made these remarks addressing an intellectual dialogue held at the BMICH on Wednesday (09) to mark the 60th anniversary of the establishment of the diplomatic relations between China and Sri Lanka.

President Sirisena further said that when developing as a country, the assistance of the economically powerful nations in the world is needed and the present government has been able to get the assistance of all these countries through a friendly and cordial foreign policy.

The President said the present government was able to reduce many negative impacts on Sri Lanka internationally during the past two and a half years and presently can see the fruitful consequences of the steps taken by the government to increase the foreign exchange reserves and to reduce the foreign debt burden.

"Today we can celebrate the 60th anniversary of the establishment of the diplomatic relations between China and Sri Lanka in a happy status as a result of laying a solid foundation for the relations between the two countries during the past two and a half years," he said and added that the present government is committed to further strengthen those relations.

During the event, the President presented awards to the winners of the competitions held to mark the 60th anniversary of the diplomatic relations between China and Sri Lanka.

The President of Sri Lanka-China Friendship Association Amaradasa Gunawardena presented the commemorative book issued to mark the 60th anniversary of the diplomatic relations between China and Sri Lanka, to the President.

Senior Media Personality Edwin Ariyadasa, Nihal Rodrigo, Bernard Gunathilaka also addressed the intellectual dialogue.

Chinese Ambassador to Sri Lanka Yi Xianliang and many others participated on this occasion.

 


ColomboPage - Recent 10 Stories ::
PM calls for the upgrade of quality of higher education in universities
-- [3 hours ago]
Sri Lanka's third quarter GDP expands at 3.3 percent in 2017
-- [4 hours ago]
Three Sri Lankan fishing trawlers released from Indian custody
-- [4 hours ago]
Malaysian PM to begin visit to Sri Lanka tomorrow
-- [5 hours ago]
European Union welcomes Sri Lanka acceding to Anti-Personnel Mine Ban Treaty
ADB grants Sri Lanka US$ 270 Mn to implement two development projects
Prime Minister visits Thomas De La Rue Lanka currency printing facility at the Biyagama EPZ
UN rights experts urge Sri Lanka to urgently implement reforms to end arbitrary detention
Court extends interim injunction on taking legal action against Gotabhaya Rajapaksa till Jan 25
Sri Lanka Central Bank not to accept willfully mutilated, altered or defaced currency notes from 31 Dec

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.