PWC News
Tuesday, July 22, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Sri Lanka President approves UN research vessel request; FAO varies after delay | EconomyNext

Home Economy
Share on FacebookShare on Twitter


ECONOMYNEXT –Sri Lanka President Anura Kumara Dissanayake has given particular approval for a United Nation-flagged analysis vessel into the island nation’s water to conduct analysis, a International Ministry official mentioned, after repeated requests from the UN.

Nevertheless, the Meals and Agriculture Group (FAO) which is accountable for the analysis has raised doubts if the ship may very well be scheduled as initially determined attributable to delay within the Sri Lankan authorities’s choice.

The approval for the UN’s Meals and Agriculture Group (FAO) analysis vessel “Dr Fridtj of Nansen” was not given because of the authorities’s delay in formulating commonplace working procedures (SOP) to deal with international analysis vessels.

“The President has given a particular approval for the UN ship as a result of there may be a variety of Sri Lankan curiosity on this,” a International Ministry official instructed EconomyNext.

“However nonetheless the committee has not provide you with the SOP and it’s nonetheless within the course of.”

Sources conscious of the analysis vessel instructed the EconomyNext that the “Dr Fridtj of Nansen” (F. Nansen), a state-of-the-art vessel could now not be obtainable for the analysis concerned with fish inventory and the well being of marine ecosystem in Sri Lankan water as a result of Sri Lanka initially rejected the request final week.

“The ship would possibly nonetheless come to get Bangladesh scientists on board for the same analysis in Bangladesh as scheduled earlier,” one of many sources mentioned, including that the FAO is making an attempt to accommodate the Sri Lankan request after the delayed approval.

Sri Lankan scientists have been anticipated to be onboard final week in Mauritius earlier than it sails to Colombo for marine ecosystem analysis from July 15-August 20 on the request of the earlier Sri Lankan authorities.

As per unique plan, it’s scheduled to sail Dhaka and Bangladesh scientists are anticipated to get into the vessel whereas it’s in Colombo after it finishes analysis in Sri Lanka,

The federal government didn’t permit the UN analysis vessel “pending the event of normal working procedures for international analysis vessels”, a UN doc mentioned.

The cancellation of the go to would incur direct losses of over $1 million to Sri Lanka by the FAO and more likely to cut back the efficacy of upcoming programming financed by the Inexperienced Local weather Fund which might closely depend on the information generated by the F. Nansen,” the doc mentioned.

If the present go to is cancelled, one other wouldn’t be possible till after 2030.

Cancelling the UN analysis vessel’s go to would deprive the nation of essential information important to the federal government’s choice making, damaging the prospects for financial improvement in a key sector of the economic system, the UN has mentioned.

The UN mentioned the vessel is supplied to assist Sri Lanka within the sustainable administration of marine ecosystems and aquatic sources, consistent with the request expressed by the Sri Lankan authorities.

Sri Lanka imposed a one-year moratorium over international analysis vessels amid strain by India and america over Chinese language vessels coming for analysis functions.

Each the US and India have pressed Sri Lanka after two Chinese language analysis vessels got here to the island nation inside 14 months.

The moratorium ended on Dec. 31, 2024, however President Anura Kumara Dissanayake authorities’s cupboard in January determined to nominate a brand new committee to assessment the prevailing SOP and provide you with a brand new SOP to facilitate international analysis ships.

The federal government appointed the committee to look into the SOP solely final week and the primary assembly was held on Thursday (19).

The FAO has coordinated the deployment of the “Dr Fridtj of Nansen” vessel to Sri Lanka following a November 2023 request from the earlier Sri Lankan authorities.

Sri Lanka is dealing with diplomatic challenges in permitting international analysis vessels inside its waters attributable to geopolitical points associated to India and China.

Sri Lanka and China have agreed to signal a memorandum of understanding (MOU) on maritime cooperation amid Indian issues over Chinese language analysis ships visiting the Indian Ocean.

In April, Sri Lanka signed a Defence Cooperation MOU which mentioned each neighbour international locations will change data in maritime and different domains on mutual consent with out elaborating.

International Minister Herath in January mentioned Sri Lanka doesn’t must take approval from India or inform the neighbour on go to of any international vessels. Authorities officers have mentioned some earlier governments have maintained such practices to take care of higher relationships with India. (Colombo/June 16/2025)



Source link

Tags: ApprovesdelayEconomyNextFAOLankaPresidentrequestResearchSrivariesvessel
Previous Post

David Rosenberg: How did the Canadian market hit a new record? Gold exposure has helped

Next Post

Juneteenth reminds us who’s still waiting for justice.

Related Posts

CBSE mandates CCTV with real-time audio-visual monitoring in schools to strengthen student safety
Economy

CBSE mandates CCTV with real-time audio-visual monitoring in schools to strengthen student safety

July 21, 2025
Sri Lanka sees foreign buying in rupee bonds for second straight week | EconomyNext
Economy

Sri Lanka sees foreign buying in rupee bonds for second straight week | EconomyNext

July 21, 2025
U.S. coffee drinkers and businesses will pay the price for Trump’s Brazil tariffs
Economy

U.S. coffee drinkers and businesses will pay the price for Trump’s Brazil tariffs

July 22, 2025
Bonus episode: The Indicator plays… movie business trivia! : The Indicator from Planet Money
Economy

Bonus episode: The Indicator plays… movie business trivia! : The Indicator from Planet Money

July 20, 2025
Sri Lanka to charge VAT on Paypal, Stripe, amid existing IMF MCPs | EconomyNext
Economy

Sri Lanka to charge VAT on Paypal, Stripe, amid existing IMF MCPs | EconomyNext

July 20, 2025
Major Canada meat recall over Salmonella risk; over 60 salami products included across six provinces
Economy

Major Canada meat recall over Salmonella risk; over 60 salami products included across six provinces

July 20, 2025
Next Post
Juneteenth reminds us who’s still waiting for justice.

Juneteenth reminds us who’s still waiting for justice.

Immutable Tops Again In 7-Day NFT Trading Sales Volume

Immutable Tops Again In 7-Day NFT Trading Sales Volume

Ares Acquires .3 Billion Stake in Eni’s Energy Transition-Focused Unit Plenitude – ESG Today

Ares Acquires $2.3 Billion Stake in Eni’s Energy Transition-Focused Unit Plenitude - ESG Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Vice President Jagdeep Dhankhar resigns
Business

Vice President Jagdeep Dhankhar resigns

by PWC
July 21, 2025
0

Vice President Jagdeep Dhankhar | Photograph Credit score: ANI Jagdeep Dhankhar has resigned from the put up of the Vice...

‘Should ask why he tweeted now’ Santosh Lad on Nara Lokesh Aerospace park’s pitch

‘Should ask why he tweeted now’ Santosh Lad on Nara Lokesh Aerospace park’s pitch

July 16, 2025
Reeves bets on the banks but economy still hurting

Reeves bets on the banks but economy still hurting

July 19, 2025
Planet Money Summer School tackles political economy

Planet Money Summer School tackles political economy

July 15, 2025
Six-month CPI change points to renewed upward price pressures

Six-month CPI change points to renewed upward price pressures

July 17, 2025
Peter Thiel-backed crypto exchange Bullish formally files for IPO

Peter Thiel-backed crypto exchange Bullish formally files for IPO

July 19, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.