Colombo to emerge as fi­nan­cial city

Pakistan Observer - - OPINION -

end, a prospect that makes this dis­pute likely to be set­tled only at the bal­lot box in Novem­ber. By Wed­nes­day

A.C. SHAHUL AHMEED COLOMBO—Sri Lanka’s port city con­struc­tion will be con­verted to a fi­nan­cial city with a new agree­ment which is ex­pected to be signed by Au­gust with the China Har­bour En­gi­neer­ing Com­pany , Sri Lankan Premier Ranil Wickremasinghe said.

We will con­vert the port city to a fi­nan­cial city fill­ing the gap be­tween Sin­ga­pore and Dubai” Premier said.

This fi­nan­cial city will of­fer ser­vices such as fi­nan­cial , trade and le­gal mat­ters. The Prime Min­is­ter has ap­pointed a com­mit­tee to look into the pos­si­bilty of for­mu­lat­ing a new agree­ment for the project.

Af­ter mov­ing the We­likade Prison to Ka­lu­tara District a new com­mer­cial city will be built us­ing the space , he fur­ther said.

Mean­while Ranil Wickremasinghe said reached its 10th hour, Speaker Paul Ryan tried to re­store con­trol with a re­cess.—Agen­cies in Colombo that the Eco­nom­i­cal and Tech­no­log­i­cal Co­op­er­a­tion Agree­ment(ETCA) with In­dia to be signed dur­ing the course of this year, would con­trary to claims be­ing made in cer­tain quar­ters , ben­e­fit Sri Lanka.

Ad­dress­ing a press con­fer­ence at Tem­ple Trees, the of­fi­cial res­i­dence of the Premier, to an­nounce the EU’s de­ci­sion to com­pletely lift the ban on Sri Lankan fish ex­ports, the Prime Min­is­ter said that talks with In­dia were con­tin­u­ing and all in­di­ca­tions were that the ETCA will be signed be­fore the end of trhis year.

Mean­while the IT progfes­sion­als an­nounced that it would join hands with the gov­ern­ment Med­i­cal Of­fi­cers Aso­ci­a­tion (GMOA) to con­duct a sig­na­ture cam­paign op­pos­ing the pro­posed Indo-Sri lanka Eco­nomic and Tech­no­log­i­cal Co­op­er­a­tion Agree­ment. Cul­ture,,Ed­u­ca­tion and Urdu Lan­guage Cen­ter Thurs­day in Colombo for ren­der­ing mer­i­to­ri­ous ser­vice on ac­count of de­vel­op­ing com­pos­ing and pre­sent­ing the first ever Pak­istan Sri Lanka friend­ship An­them.

Thge premier An­them prais­ing Pak­istan Sri Lanka en­dur­ing friend­ship was launched in Urdu.

Con­gres­sional Democrats, led by Rep­re­sen­ta­tive John Lewis, are protest­ing the House’s re­fusal to vote on gun-con­trol mea­sures.

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