Debt-stricken Sri Lanka signed a trade pact with Thailand on Saturday in a bid to boost trade and investment as the Indian Ocean island nation is struggling to recover from its worst economic crisis that hit two year ago. The Sri Lanka-Thailand Free Trade Agreement covering trade in goods, investment, custom procedures, and intellectual property … Read more
Advertisement Sri Lankan President Ranil Wickremesinghe, who was in Beijing to participate in the third Belt and Road Initiative (BRI) International Forum, has raised eyebrows in Sri Lankan political and diplomatic circles. During the visit, an agreement “formalizing Huawei’s support for the digitization of Sri Lankan schools” was signed. On October 17, the Sri Lankan … Read more
Indian Prime Minister Narendra Modi shakes hand with Sri Lankan President Ranil Wickremesinghe after making press statement respectively, in New Delhi, India, Friday, July 21, 2023. Credit: AP Photo/Manish Swarup Advertisement It was only a year ago that Sri Lanka dominated international headlines, as its worst economic crisis in more than 70 years contributed to … Read more
Advertisement Sri Lanka marked the first anniversary of the historical people’s uprising known as “Aragalaya,” meaning struggle, on July 9. A year ago, President Gotabaya Rajapaksa fled the country, then resigned from abroad, following protests of an unprecedented scale from Sri Lankan citizens. The uprising, sparked by the former government’s mismanagement of the country’s economy, … Read more