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Sri Lanka actively participated in formulating UN High Seas Treaty - newsfirst.lk - New York - Sri Lanka
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Sri Lanka actively participated in formulating UN High Seas Treaty
Colombo (News 1st) – State Minister of Foreign Affairs Tharaka Balasooriya says that "Sri Lanka actively participated and contributed to the process," of agreeing upon the historic High Seas Treaty.After more than 20 years of negotiations, over 100 member states of the United Nations on Saturday (4th) finally agreed upon the text of the historic High Seas Treaty, the world's first international treaty aimed at protecting the millions of species that inhabit the world's oceans.The High Seas Treaty places 30% of the seas into protected areas by 2030, aiming to safeguard and recuperate marine nature.The agreement was reached on Saturday evening, after 38 hours of talks, at UN headquarters in New York.The negotiations had been held up for years over disagreements on funding and fishing rights.The last international agreement on ocean protection was signed 40 years ago in 1982 – the UN Convention on the Law of the Sea.When News 1st reached out to State Minister of Foreign Affairs Tharaka Balasooriya in this regard, he said that "Sri Lanka actively participated and contributed to the process."He added, "An agreement was reached following more than a decade of discussions on the 4th of March 2023 by UN member states to have an internationally legally binding instrument on the conservation and sustainable use of biodiversity beyond areas of natural jurisdiction under the united nations law of the sea."  That agreement established an area called the high seas – international waters where all countries have a right to fish, ship and do research – but only 1.2% of these waters are protected.Marine life living outside of these protected areas has been at risk from climate change, overfishing, and shipping traffic.
Sri Lankans - Tharaka Balasuriya - Sri Lanka attends UN conference in Qatar - newsfirst.lk - Sri Lanka - Italy - Palestine - Qatar - city Doha, Qatar
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Sri Lanka attends UN conference in Qatar
Colombo (News 1st) – State Minister of Foreign Affairs Tharaka Balasuriya was amongst the dignitaries present for the Fifth United Nations Conference on the Least Developed Countries taking place in Doha, Qatar The event is being held from the 5th to the 9th of this month.State Minister Tharaka Balasuriya met with counterpart Sultan bin Saad Al Muraikhi, the Minister of State for Foreign Affairs in Qatar, for a discussion that touched upon many areas including the recognition of the Sri Lankan Engineering degrees by Qatari authorities and Sri Lanka's technical support for Qatari government's attempt to promote cricket in Qatar. Tharaka Balasuriya also expressed Sri Lanka's unwavering support for the Palestinian cause and its people to the President of the State of Palestine Mahmoud Abbas.With ongoing progressions and developments on the new establishment of the Office of Overseas Sri Lankans, the State Minister held a side meeting with HE Antonio Vitorino, Director of IOM in Doha, in which HE Vitorino assured IOM support on the digitalization of the Office of Overseas Sri Lankans as well as continuous support of the IOM with matters pertaining to migration. State Minister Balasuriya also met with Deputy Minister of Foreign Affairs, Italy Maria Tripodi. Discussions were held, particularly on bilateral relations between the respective countries.
Masahiro Nozaki - Peter Breuer - Sri Lanka’s proposed tax rates are in line with international comparison – IMF - newsfirst.lk - Sri Lanka
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Sri Lanka’s proposed tax rates are in line with international comparison – IMF
COLOMBO (News 1st); The International Monetary Fund Mission in Sri Lanka says that efforts to increase tax revenues should be pursued in a growth-friendly manner while protecting the poor and most vulnerable. Peter Breuer, Senior Mission Chief for Sri Lanka, and Masahiro Nozaki, Mission Chief for Sri Lanka noted that it is however also important that those who can most afford it, make commensurate contributions to the financing of the necessary government expenditures. The tax package the authorities have introduced, including the new tax rate schedule for the personal income tax, helps to meet these objectives, the statement added.Peter Breuer, Senior Mission Chief for Sri Lanka, and Masahiro Nozaki, Mission Chief for Sri Lanka, also noted that the tax rates proposed under the authorities’ program are also in line with international comparison.In response to recent media questions around income tax hikes in Sri Lanka, the statement noted that Tax reforms are needed to correct this imbalance. "Only with appropriate tax receipts will the Government will be able to fund essential expenditures, and avoid further slashing of critically important outlays. These reforms will also help regain confidence of creditors," it added."The current economic crisis has a number of origins, including the government’s inability to meet government spending needs through its revenue collections.
Sri Lanka’s Elite Police Unit, the STF marks 40 years of service - newsfirst.lk - Sri Lanka
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Sri Lanka’s Elite Police Unit, the STF marks 40 years of service
COLOMBO (News 1st); Sri Lanka Elite Police Force, the Police Special Task Force, celebrates its 40th anniversary on Wednesday (1).Here's a look at the history of this elite force, that was intrumental in countering terror attacks, and maintaining the peace.At the beginning of the early 1980s, with the emergence of terrorist activities in the North and East, the Police in the course of their duties had to face armed attacks carried out by the terrorists. The terrorist attacks resulted in the killing of police personnel, attacks on Police Stations and assassinations of VIPP. Hence the necessity arose for the formation of a special military arm within the Police Service to counter terrorist activities.In the light of the above situation, a Special Committee was appointed to investigate the police functions in the past to combat terrorism and its shortcomings.The Ranasinghe Committee report recommended the need to establish a Special Strike Force to assist the Police Department, as the existing special units were not effective to meet the terrorists’ attacks.Thereafter the Government of Sri Lanka requested the Police Department to release 60 personnel to form a Special Force and obtained the services of Major Ananda Weerasekara, Major Sumith Rohan Manawadu of the SLA (in 2015 both held the rank of Major General). After the initial training at Katukurunda combat training was given at Army Combat Training School at Ampara. After the training period, this group served under the leadership of ASP Bodhi Liyanage. Initially they were given training in the use of 303 Rifles and S.L.R.
National Contributory Pension Fund for public sector - newsfirst.lk - Sri Lanka
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National Contributory Pension Fund for public sector
COLOMBO (News 1st); Sri Lanka's Cabinet of Minister granted approval for the establishment of National Contributory Pension Fund.According to a document released by the Department of Government Information, the Cabinet has recognized that is appropriate to establish a fund named National Contributory Pension Fund to ensure an appropriate environment is created for public sector employees to spend their retired life without being a burden to the country as well as to provide a pension with a certain profit for the retired life of the state sector pensioners. Accordingly, 8% from the basic salary of the employee and 12% from the employer should be credited to the proposed fund when a state employee is recruited in the state service, it added.An independent entity governed by a board of management to manage the proposed contributory pension fund will be established and a fund manager with special skills will be appointed for management of the funds. The proposed national contributory pension scheme will be applicable to the individuals newly recruited  to the government service, said Cabinet Spokesperson Minister Bandula Gunwardena on Tuesday (28).Those recruited to government service after the month of January  2016 can contribute to the proposed national contributory pension scheme as per their consent, said the statement from the Departmnet of Government Information."Since 2000, all public sector appointment letters carry the clause that they would be moved to the National Contributory Pension Scheme in the future. Therefore, this National Contributory Pension Scheme applies to all those who were recruited since 2016.
Ali Sabry - Sri Lanka hopes for stronger relations with Saudi Arabia - newsfirst.lk - Sri Lanka - Saudi Arabia - city Colombo
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Sri Lanka hopes for stronger relations with Saudi Arabia
Sri Lanka was expecting its long-standing ties with Saudi Arabia to grow stronger, Foreign Minister Ali Sabry said on Monday, after meeting with a delegation from the Saudi Fund for Development.Sabry hosted the Saudi delegation led by Mohammed Almasoud, the SFD’s director of central and west Asia operations, in the capital Colombo and said Sri Lanka was grateful for the fund’s “continuous assistance despite challenges” as well its support on an extension of an International Monetary Fund loan.“The longstanding Sri Lanka-Saudi bilateral relationship will grow from strength to strength,” Sabry said in a tweet.The minister visited the Kingdom last month, discussing with his Saudi counterpart Prince Faisal bin Farhan ways to boost economic and energy cooperation between the two countries.Sabry had then presented Sri Lanka as a gateway to not only south Asia but the rest of the continent – an “ideal place” to do business. His trip followed a series of high-level engagements by Sri Lankan officials with the Kingdom last year.During Monday’s meeting, the Saudi government pledged to continue providing financial assistance for projects in Sri Lanka, Sri Lankan lawmaker Mohamed Shariff Thowfeek said after taking part in the talks.“This was a great gesture from the Saudi government at a time when some countries have stopped their aid in the midst of the economic crisis,” Thowfeek told Arab News.The SFD has given at least 15 development loans worth $425 million to Sri Lanka, which have financed various projects in water, energy, health, roads, and education.
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