100 years after SWRD Bandaranaike’s clarion call for federalism -by D.B.S. Jeyaraj

Dr. Rohan Edrisingha in his illuminating essay ‘Federalism: myths and realities’ makes the following observation – “ It is significant to note that long before Tamil political leaders advocated federalism, the young S.W.R.D. Bandaranaike in the mid 1920’s and the Kandyan Sinhalese representatives before the Donoughmore Commission in the late 1920’s were advocates of a federal Sri Lanka.

The Kandyan Sinhalese proposed a federal Ceylon with three provinces including a province for the North-East. In fact it is possible to argue that it was the Kandyan Sinhalese and not the Ceylon Tamils who were not only the champions of a federal Ceylon but also the merger of the North and the East. The Kandyan Sinhalese in fact viewed themselves as a nation and many of the documents of the organisations they established to advance their cause used language and arguments similar to Tamil nationalists and Tamil political groups in the more recent past. They were concerned about the influx of low-country Sinhalese into the Kandyan region”.

It could be seen therefore that federalism was first proposed by S.W.R.D. Bandaranaike the greatest intellectual among Sinhala political leaders of that era who advocated some form of federalism as the only solution as far back as 1926. Kandyan Sinhala leaders recommended a federal arrangement of two units for low and up-country Sinhalese and one unit comprising the North–East for Tamils in 1927.

Ironically the Sri Lankan Tamils rejected federalism when recommended by the Sinhalese. If Sri Lankan Tamil political leaders had availed themselves of the opportunity and demanded that the British grant federalism for the Tamils of the North and East there was every chance that the request might have been acceded to. The Kandyan Sinhala and Sri Lankan Tamil political leaders could have pressurised the low-country Sinhala leaders in a political pincer. Yet this did not happen.

The Sri Lankan Tamil political leaders did not demand federalism or even a separate state while the British were ruling. Instead these demands were raised by Tamil leaders only after the British left our shores.

The main Sri Lankan Tamil party at the time of Independence from the British was the All-Ceylon Tamil Congress. G.G. Ponnambalam Snr. was Leader of the Tamil Congress then. His Deputy was S.J.V. Chelvanayagam. GG, as he was generally known, was seen as a pragmatic politician by his supporters. After full independence dawned, Ponnambalam opted to join the D.S. Senanayake Cabinet and became Industries and Fisheries Minister.

But some of his deputies like Chelvanayagam, C. Vanniyasingham, E.M.V. Naganathan and V. Navaratnam rebelled against Ponnambalam.

ITAK/FP

They broke away and formed a new party in 1949. It was called the Ilankai Thamil Arasu Katchi (ITAK) in Tamil. Its English translation should have been Ceylon Tamil State Party but instead it was called Federal Party (FP). The new party wanted an autonomous Tamil State comprising the Tamil-dominated Northern and the Tamil-majority Eastern Provinces within a united Ceylon as Sri Lanka was known then.

The birth of ITAK was a watershed in Ceylon politics as it was the first party to articulate the federal idea as its main ideology and goal after Independence. The ITAK/FP wanted federalism to protect Tamil interests and achieve ethnic harmony. Unfortunately, federalism as promoted by the ITAK was embroiled in controversy. It was misrepresented, misunderstood and therefore much maligned and much hated. Despite substantial sections of the majority community treating Federalism as a ‘F-Word’ , The ITAK continues to espouse a political settlement based on the federal idea still. The Sri Lankan Tamil quest for equitable power sharing continues.

‘Federal centenary’

One hundred years have passed since S.W.R.D. Bandaranaike issued his clarion call for Federalism in Sri Lanka. 2026 is therefore the centenary year of S.W.R.D. Bandaranaike’s federal proposal. The ITAK which is the premier political party of the Sri Lankan Tamils is planning to mark the ‘federal centenary’ by launching a public campaign to promote an appropriate power sharing model. ITAK General Secretary and former Jaffna District MP, Mathiaparanan Abraham Sumanthiran is the moving force behind this project.

Speaking to this column, M.A. Sumanthiran said, “This year marks 100 years since SWRD introduced federalism to our country. He wrote six letters to The Morning Leader newspaper in 1926 and travelled to Jaffna in July 1926 to deliver the “Jaffna Lecture” to convince the Tamils that a federal government was the most appropriate system for Ceylon. I intend to start a forum to explore power sharing models and promote the appropriate model that makes power sharing most meaningful in today’s context. I’ve spoken to a number of persons in the South who are willing to join me in this exercise.”

S.W.R.D. Bandaranaike is no more but the memory of his clarion call for federalism in 1926 seems to be the inspiration behind the project of seeking an acceptable power sharing arrangement a hundred years later. As mentioned earlier SWRD was the first person of eminence who proposed federalism in Ceylon/Sri Lanka during colonial rule. He also envisaged the setting up of Provincial Councils.

It is against this backdrop therefore that this column focuses this week on Bandaranaike and his espousal of federalism a hundred years ago. I have written about S.W.R.D. Bandaranaike before and will rely on some of my earlier writings for this article.

Solomon West Ridgeway Dias Bandaranaike known as S.W.R.D. Bandaranaike was the fourth Prime Minister of Independent Sri Lanka known then as Ceylon. SWRD who was born on 8 January 1899 died due to assassination on 26 September 1959.

Young Bandaranaike returned home in 1925 after pursuing a brilliant academic career at Christ Church College, Oxford. Like many young idealists from countries under colonial bondage, SWRD too came back with a zealous sense of mission to serve his country and people.

‘Progressive National Party’

While being a member of the Ceylon National Congress, Bandaranaike also founded a political party known as the ‘Progressive National Party’ to achieve the goal of political self-government. S.W.R.D. Bandaranaike became the Leader of the Progressive National Party while C. Ponnambalam of the Jaffna Youth Congress was the Party Secretary.

The Oxford-returned SWRD was of the view then that Ceylon should become a federation. The Progressive National Party in its Constitution detailed an outline of the federal system Bandaranaike had in mind. While noting that the three main groups in the country were the low-country Sinhalese, up-country Sinhalese and the Tamils, the party Constitution wanted the federal system to be based on the nine provinces with each having complete autonomy. There was to be a bi-caramel legislature consisting of a ‘House of Commons’ and ‘House of Senators’.

Bandaranaike’s proposal for a federal Constitution was supported by all members of the Progressive National Party except one. The solitary dissident was the scholar James T. Rutnam who was Bandaranaike’s close friend and associate. Incidentally, James Rutnam was the father of well-known filmmaker Chandran Rutnam.

‘Ceylon Morning Leader’

S.W.R.D. Bandaranaike wrote a series of six articles for the ‘Ceylon Morning Leader’ articulating his vision for federalism. The preliminary article appeared on 19 May 1926. The following excerpt consists of the introductory paragraphs from the preliminary article: “At a time when the desire for self-government appears to be growing ever stronger, and successive instalments of ‘reforms’ seem to bring that goal almost within sight, two problems of vital importance arise, which require careful and earnest thought. The first is the question of Ceylon’s external status, that is, what is her position as a nation in relation to other nations.

“The second is her internal status, the adoption of a form of government which would meet the just requirements of the different sections of her inhabitants. No effort has yet been made seriously to consider these problems, nor indeed in some quarters is it realised that the problem exists at all. There is the usual vague thinking, there are the usual generalisations, to which politicians are only too liable, the catch-words are the bane of politicians all over the world in Ceylon we find in constant use, such phrases as ‘co-operation,’ ‘self-government,’ ‘cabinet-government,’ without any clear understanding of either what they really involve or whether and to what extent, they are applicable to our own particular difficulties. The writer believes the true solution to the problem mentioned is contained in the federal system and these articles are intended as a general introduction to the subject.”

S.W.R.D. Bandaranaike’s advocacy of federalism did not create a major political splash at that time; it only caused ripples. The federal idea did not evoke a communal or Sinhala backlash then. The strongest critique was not from a Sinhalese but from a Tamil.

Educationist and scholar James T. Rutnam wrote articles in ‘Ceylon Morning Leader’ arguing against the views of his friend S.W.R.D. Bandaranaike. James Rutnam was for a unitary Constitution. He opposed a federal Constitution saying it would cause disunity among the people. It is however noteworthy that James Rutnam revised his opinion of 1926 and advocated federalism thirty years later, after 1956.

SWRD’s Jaffna lecture

Federalism when suggested by SWRD in 1926 was opposed by the Jaffna Students’ Congress (later renamed as the Jaffna Youth Congress) also. Bandaranaike was invited by the Jaffna Youth Congress to deliver a lecture to a large audience in Jaffna. SWRD travelled up to Jaffna and spoke on federalism at a meeting held on 26 July 1926.

The well-attended meeting was presided over by Dr. Issac Thambyayah. S.W.R.D. Bandaranaike spoke eloquently on the topic ‘Federation as the only solution to our political problems’. SWRD argued that regional autonomy was the ideal way to manage communal differences.

The Tamil audience was neither impressed nor enamoured by the federalism pitch. Bandaranaike was subjected to a barrage of questions challenging federalism as a valid form of government for the island. He answered with great erudition but there were few takers for federalism among Tamils in Jaffna then.

Nevertheless, S.W.R.D. Bandaranaike stood firm saying, “A thousand and one objections could be raised against the system, but when the objections are dissipated, I am convinced that some form of federal government will be the only solution.”

‘Sinhala Maha Sabha’

With the advent in 1931 of the Donoughmore Constitution resulting in the introduction of universal franchise and territorial representation, Bandaranaike’s political vision underwent a transformation. He now felt that the largest community, the Sinhalese, had to be ‘united’ to bring about national unity. Hence, along with some like-minded souls, Bandaranaike formed the ‘Sinhala Maha Sabha’ in 1936.

Bandaranaike also contested the Veyangoda constituency at the State Council elections of 1931 and 1936. In both instances, he was elected unopposed. The ‘pan-Sinhala’ board of ministers set up in 1936 saw Bandaranaike become Local Government Minister.

Subsequently, SWRD moved away from espousing federalism to encouraging decentralisation. It must be noted that there was really no antipathy towards federalism then. It was more apathy and dis-interest. SWRD himself had great political ambition and sought to build up his base through the Sinhala Maha Sabha and through enhancing the Local Government system. So he wanted to revamp the Local Government system and provide greater autonomy through decentralisation.

Provincial Councils

SWRD began envisaging the province as the unit of greater local authority. He wanted to set up Provincial Councils. The Local Government Ministry’s Executive Committee released a report advocating more powers to these proposed councils. In 1940, R.S.S. Gunawardena introduced a motion in the State Council proposing the setting up of Provincial Councils. The State Council approved it but for some inexplicable reason SWRD did not proceed further and present a Bill in the State Council during its tenure.

Bandaranaike later joined the United National Party (UNP) with his Sinhala Maha Sabha. He was appointed the Local Government Minister in Independent Ceylon’s first Cabinet under D.S. Senanayake. It is said that SWRD tried to revive his Provincial Council formulation again as a means to bring government closer to the people. But his Cabinet colleagues enjoying power as full-fledged ministers were reluctant to dilute or reduce their newly-gained authority. So SWRD could not go through with his plans.

This was indeed a great pity because the envisaged Provincial Councils could have been set up without much problem then as the ethnic dimension was not prevalent then as it was later. In 1951, Bandaranaike crossed over to the opposition and founded the Sri Lanka Freedom Party (SLFP).

The historic 1956 General Elections resulted in a deep polarisation between the Sinhala and Tamil communities. While the Mahajana Eksath Peramuna (MEP) joint front headed by S.W.R.D. Bandaranaike swept the polls in the south, the Federal Party led by S.J.V. Chelvanayagam won six out of nine seats in the north and four out of seven in the east.

One of the first acts by the new government was the enshrining of Sinhala as the sole Official Language of the country. Anti-Tamil violence erupted in several parts of the country. With increasing communal tension, the country seemed to be heading for a bloodbath.

Regional Councils

SWRD who was arguably the most intellectual of all Sri Lanka’s prime ministers realised that the situation had to be checked and reversed. He understood that the Tamils had genuine grievances that had to be redressed. Bandaranaike, the man who proposed federalism for Sri Lanka in 1926, knew that effective power sharing was the only solution. Instead of federalism, he now wanted extensive decentralisation through the setting up of Regional Councils.

It is widely believed that the Regional Councils scheme was introduced by Bandaranaike as a result of the B-C pact. Actually, a draft Bill for Regional Councils was published on 17 May 1957. The B-C pact came later in July. After presenting the Regional Councils Bill, SWRD wanted to arrive at an understanding with the Tamil leaders and modify it further.

Govt.-FP Talks

A meeting between Premier S.W.R.D. Bandaranaike and ITAK/FP leader Samuel James Veluppillai Chelvanayagam was mooted. It was done on the personal initiative of Prime Minister Bandaranaike himself. The first meeting was held on 22 June 1957 at the Premier’s residence in Horagolla.

The FP delegation led by Chelvanayagam pointed out that SWRD’s own viewpoint in the ’20s that federalism was the ideal solution had been a source of inspiration for the party in demanding federalism. The FP approach was to encourage Bandaranaike to view matters through a federal prism by acknowledging his historic role of being the pioneering proponent of federalism in the country.

But this was more than 30 years ago. The situation had changed. The negative, vitriolic propaganda against federalism had distorted the meaning of the concept in general Sinhala perception. Although the intellectual giant Bandaranaike knew what federalism was all about, he was not prepared to accept or associate with federalism now.

So SWRD who had formerly “flirted” with federalism, replied by saying that though he espoused federalism then, he had subsequently changed his mind. Besides, he had no mandate for introducing federalism. “Could not the FP think of an alternative solution short of federalism that would redress Tamil grievances and address aspirations?” Bandaranaike queried.

SWRD then suggested that the ITAK should come up with alternative proposals envisaging ‘massive decentralisation’ but not ‘federal autonomy.’ The ITAK/FP agreed and departed.Thereafter a series of Government-FP discussions were held. Finally a draft agreement was formulated.

The agreement signed by S.W.R.D. Bandaranaike and S.J.V. Chelvanayagam on 26 July 1957 was a significant event in the political history of post-independence Sri Lanka. The Prime Minister of the day and the Leader of the biggest Tamil political party had come to an understanding which if implemented may have helped contain the ethnic conflict at its nascent stages.

Banda -Chelva Pact

The agreement known generally as the “Banda-Chelva Pact” was never allowed to work because of political opposition in the south. The opposition came from hardliners among the Sinhala Buddhist clergy and laity as well as hawkish elements among both the Government and Opposition.

200 Buddhist monks and 300 others squatted outside Bandaranaike’s house on 9 April 1958 demanding the pact be revoked. Finally, SWRD caved in and repudiated the pact unilaterally, tearing up a copy to symbolise it.

This then is the story of S.W.R.D. Bandaranaike who started out as the pioneering proponent of federalism and later transformed into an advocate of decentralisation in the form of Provincial and Regional Councils. This transition from propounding federalism to espousing decentralisation is strikingly illustrated by the essence and nature of the Regional Councils envisaged by the pact Bandaranaike signed with Chelvanayagam.

Salient factor

The political evolution and transformation of Bandaranaike is by itself a fascinating study. Despite the changes in his political outlook, an underlying thread remaining constant in Bandaranaike political thinking was that some form of decentralised power sharing was imperative for the essential well-being of this resplendent island and her people. This is a salient factor that cannot be dismissed, ignored, overlooked or glossed over in any Constitution making or Constitutional reform exercise.

(D.B.S. Jeyaraj can be reached at dbsjeyaraj@yahoo.com) Daily Mirror.lk

President extends declaration of essential services following Cyclone Ditwah

In response to the ongoing post-disaster situation caused by Cyclone Ditwah, President Anura Kumara Dissanayake has extended the declaration of certain services as essential public services under the Essential Public Services Act, No. 61 of 1979.

The declaration, issued through a Gazette Extraordinary, specifies that services provided by public corporations, government departments, local authorities, and co-operative societies that are critical to the life and well-being of the community must be maintained without interruption.

The Schedule attached to the Order specifies essential services, including:

1. All services connected to the supply of electricity

2. The supply or distribution of fuel, including petroleum products and gas

3. All service, work or labour, of any description whatsoever, necessary or required to be done in connection with the maintenance, and the reception, care feeding and treatment, of patients in hospitals, nursing homes, dispensaries, and other similar institution

4. Public transport services for the transportation of passengers or goods

5. The Facilitation and maintenance of transportation services and tourism services by road, rail, or air, including highways, bridges, culverts, airports, ports, and railways

6. All services connected to the supply of water and drainage

7. All services connected with the supply, safeguard, and distribution of food and essential commodities

8. All type of services, works, or labour contributions which should be carried out or required to be carried out by District Secretariats, Divisional Secretariats, Grama Niladharis, Samurdhi Development Officers, Agricultural Research Assistants, Community Empowerment Officers, Officers of the Clean Sri Lanka Centralized Team, including all field level officers of all District and Divisional Secretariats.

9. Ambulance services

10. All state banking and insurance services including the Central Bank of Sri Lanka.

11. Any services carried out by any Local Authorities for the supply of water, electricity, drainage and sewerage systems, fire-fighting and ambulance services, scavenging and the removal of garbage (including the carriage and disposal of feces), and all services carried out by Local Authorities

12. All services connected to the irrigation

13. All services connected to the telephone, telecommunication, and media

14. All services connected to the reclamation and development of low-lying lands

15. All services connected to the agriculture and agricultural insurance services

The Gazette notes that this measure is intended to prevent interruptions in services essential to the community’s survival and recovery during the aftermath of Cyclone Ditwah.

The Order, signed by the Secretary to the President, Dr. N. S. Kumanayake, came into effect on 28 January 2026.

Posted in Uncategorized

Registration of New Political Parties Begins

The National Election Commission says that the registration process for new political parties has officially commenced.

Applications will be accepted until 3.00 p.m. on the 28th of February.

Application forms can be obtained from the official website of the Election Commission, as well as from its head office in Rajagiriya and district election offices.

The Election Commission says that applicants must submit the party constitution, a list of office bearers, details of women office bearers, audited accounts for the past four years, the party’s policy statement, and documents confirming that the party is actively functioning, along with the completed application.

Posted in Uncategorized

PM Vows Unstoppable Push for Transformational Change in Education

Prime Minister Dr. Harini Amarasuriya says the drive to bring about transformational change in education will continue, despite any obstacles that may arise.

She made these remarks while attending the Sisu Nena Pranama Scholarship Award Ceremony organized by the Education Co-operative Society at Temple Trees this morning.
Prime Minister Dr. Harini Amarasuriya said the government had made a significant commitment to bring about transformational change in education, despite criticisms and obstacles from opposition parties and other groups. She added that when there was a clear vision and goal, all challenges had to be faced to achieve meaningful progress.

She also highlighted that in today’s complex world, strong human resources were essential, calling the nation’s people its greatest asset. The Prime Minister went on to note that transforming the education system is the key to developing skilled and capable citizens and building a safe, prosperous, and inclusive society where all citizens could enjoy a secure and fulfilling life.

India sends 10 more Bailey bridges to Sri Lanka to assist reconstruction

As reconstruction efforts continue in the wake of cyclone Ditwah, India dispatched a consignment of 10 Bailey bridges to Colombo onboard INS Gharial to assist the restoration of critical connectivity.

Sharing the details in a post on X, India’s Ministry of External Affairs (MEA) said that the supply of bridges is a part of India’s Special Economic Package of USD 450 million announced during the visit of Indian Foreign Minister Jaishankar to Sri Lanka.

“India continues to stand with to support reconstruction efforts after #CycloneDitwah. To assist restoration of critical connectivity, a consignment of 10 Bailey Bridges was despatched today from Visakhapatnam to Colombo on-board #INSGharial. The supply of bridges is a part of India’s Special Economic Package of USD 450 million announced during the recent visit of EAM @DrSJaishankar to Sri Lanka, after India’s emergency #HADR support through #OperationSagarBandhu”, India’s MEA said on X.

Cyclone Ditwah, which struck Sri Lanka late last year, triggered widespread flooding, landslides, and large-scale infrastructure damage, overwhelming local disaster-response mechanisms.

Earlier in January, the Indian Army’s Engineer Task Force has successfully constructed the third Bailey Bridge, measuring 120 feet, at KM 15 on the B-492 Highway in Sri Lanka.

The bridge, located in the Central Province, reconnects the Kandy and Nuwara Eliya districts, restoring a critical lifeline that had remained disrupted for over a month following the devastation caused by Cyclone Ditwah.

The achievement followed the earlier successful launch of two Bailey bridges in the Jaffna and Kandy regions. Collectively, these engineering efforts have restored road connectivity, improved access to essential services, and provided much-needed relief to communities affected by the cyclone.

Operation Sagar Bandhu, launched in November 2025, enabled India to provide urgent Humanitarian Assistance and Disaster Relief (HADR), including restoration of roads, bridges, and essential services. By swiftly reestablishing connectivity along the B-492, the Indian Army has not only facilitated daily life for affected communities but also strengthened bilateral ties and goodwill between India and Sri Lanka.

Source: ANI

Posted in Uncategorized

Balangoda Kassapa Thero and others further remanded

The Trincomalee Magistrate’s Court today (28) ordered ten individuals, including Ven. Balangoda Kassapa Thero, to be further remanded in connection with an alleged violation of coastal conservation laws. The remand will continue until 2 February.

The case concerns the unauthorized installation of a Buddha statue and other construction activities at the Trincomalee Bodhiraja Viharaya, reportedly carried out without permission from the Coastal Conservation Department.

The matter was first brought before the court on 16 November 2025, when Balangoda Kassapa Thero, four other monks, and five civilians were produced in relation to the alleged illegal activities on the Trincomalee coastline.

Posted in Uncategorized

Sri Lanka, Pakistan launch digital partnership

Sri Lanka and Pakistan have agreed to deepen partnership in the digital economy by establishing a Joint Working Group on Information Technology and Digital Economy, marking a new phase in bilateral collaboration focused on emerging technologies and digital transformation.

The decision was taken during the 13th session of the Sri Lanka-Pakistan Joint Economic Commission (JEC), held in Colombo, where both sides reaffirmed their commitment to strengthening economic ties and expanding cooperation across a wide range of sectors.

The Pakistani delegation to the meeting was led by Special Assistant to the Prime Minister Haroon Akhtar Khan.

Officials from both countries noted that while Sri Lanka and Pakistan share longstanding bilateral relations in trade, investment and development cooperation, there was a growing need to move beyond traditional areas and develop partnerships in advanced and innovative technologies. The newly formed working group is expected to facilitate collaboration in areas such as digital infrastructure, IT services, e-governance and skills development.

The JEC session also focused on enhancing industrial cooperation and boosting bilateral trade. Sri Lanka invited Pakistani pharmaceutical companies to explore investment opportunities, highlighting the potential for joint ventures and technology transfer in the health sector.

Both sides expressed consensus on strengthening cooperation in the small and medium enterprise (SME) sector, recognising its critical role in economic growth, employment generation and innovation. Measures to support SME linkages and knowledge sharing were discussed.

The meeting concluded with an understanding to continue engagement through institutional mechanisms to translate agreed initiatives into tangible outcomes and further reinforce economic partnership between Pakistan and Sri Lanka.

Posted in Uncategorized

Court Told Ranil Misused Hospital Facilities After Remand

Tensions flared in court on Wednesday during proceedings in the case against former President Ranil Wickremesinghe, with prosecutors questioning how the former leader was seated in court as a suspect and raising concerns over his previous hospital stay following remand.

Additional Solicitor General Dileep Peiris told the Fort Magistrate’s Court that Wickremesinghe was present in court as a suspect and questioned the manner in which he was seated.

“How can a suspect sit like that? He must obtain the court’s permission,” Peiris said, prompting objections from the defence.

Magistrate Isuru Neththikumara agreed with the prosecution’s position, stating that there is a proper procedure for court seating arrangements. “There is a proper procedure for seating in court, and it must be followed,” the magistrate said.

Peiris also raised concerns over Wickremesinghe’s hospitalisation after he was previously remanded, alleging misuse of public resources.

“After being remanded, he was admitted directly to the intensive care unit at the National Hospital and spent time with his associates there, even reading Boris Johnson’s book,” Peiris told court.

He further claimed that a medical report had been submitted to court without a request from the judiciary, and that the prosecution had not received a copy of the report.

“This suspect illegally stayed in the ICU and misused public property,” Peiris alleged.

Defence lawyers rejected the claims, arguing that many of the allegations did not relate to their client and that the authenticity of an invitation letter for Wickremesinghe’s UK visit had not been properly investigated.

The court also remanded former Presidential Secretary Saman Ekanayake, named as the second suspect in the case, until Feb. 11, rejecting his bail request. The magistrate said bail could not be granted under the Public Property Act without exceptional circumstances.

The case was postponed, with Wickremesinghe ordered to appear again on April 29.

Posted in Uncategorized

China, Sri Lanka to set up renminbi clearing arrangements

The People’s Bank of China has recently signed a memorandum of cooperation with the Central Bank of Sri Lanka to establish renminbi clearing arrangements in Sri Lanka, said a statement released by China’s central bank on Wednesday.

The establishment of renminbi clearing arrangements will facilitate the use of the Chinese renminbi in cross-border transactions by enterprises and financial institutions from both countries, it said, adding the move will further promote bilateral trade and investment.

Source: China Daily

Pakistan-Sri Lanka 18th Joint Economic Commission Session to be Held Today: Delegation Arrives in Sri Lanka

The 18th session of the Pakistan-Sri Lanka Joint Economic Commission is scheduled to take place in Colombo today.

A delegation, including Haroon Akhtar Khan, Special Assistant to the Prime Minister of Pakistan on Industries and Production, arrived in the island yesterday afternoon to participate in the event.

The Sri Lankan delegation for today’s session will be led by the Minister of Trade, Commerce, and Food Security, Wasantha Samarasinghe.

The Ministry stated that this session provides a significant opportunity to further enhance economic cooperation between the two nations.