Global community supporting Sri Lanka’s progressive march

Updated 04 February 2014
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Global community supporting Sri Lanka’s progressive march

On this day, as we celebrate the 66th anniversary of our independence, we restate our commitment to safeguard the freedom and rights of our people, and decide on our future free of dictates from the re-emerging forces of colonialism.
With our freedom strengthened by the defeat of separatist terrorism, we proceed on our journey toward progress.
This requires new social, political and economic strategies that include modern infrastructure such as ports, airports, highways, power and energy and the latest trends in industry, commerce and trade, and education. While most of this is already in place, in the new drive for development, much more remains to be achieved offering exciting challenges ahead.
It is our belief that the strength of our freedom largely depends on developing indigenous skills and knowledge, to restore the glories of our past and move ahead to the victories of the future.
As we celebrate our freedom today, we should remember with the deep gratitude the members of our security forces who courageously stepped forward to defend our sovereignty and territorial integrity when they were under grave threat.
We shall always honor and pay tribute to the great sacrifices they made to ensure that we live in freedom and unity.
Our policy of nonalignment, with a commitment to justice and humanity, has brought us friends in the global community who understand our trials in recent decades, and are ready to help us go forward in freedom with the assurance of support in international fora.
I share your dream to strengthen the Sri Lankan nation under a single flag in a united country. Achieving this requires hard work, with diligence and honesty of purpose.
It calls for patriotism that transcends the barriers of geography and community, with reconciliation in a rich unity of purpose.
This will lay the foundation for the success of our children and future generations who will inherit this land, to live in peace and harmony bringing the glories of new achievements that inspire us from our past.
Let us together pledge to build this future for our land and people in the peace and freedom we have won.

President Mahinda Rajapaksa


High-level investment forum aims to further boost business between Saudi Arabia and Japan

Updated 18 June 2019
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High-level investment forum aims to further boost business between Saudi Arabia and Japan

  • Japan is one of Saudi Arabia’s most important economic partners

TOKYO: More than 300 government, investment and industry leaders on Monday took part in a high-level gathering aimed at further boosting business opportunities between Saudi Arabia and Japan.

The Saudi Arabian General Investment Authority (SAGIA) welcomed key figures from the public and private sectors to the Saudi-Japan Vision 2030 Business Forum, held in Tokyo.

Hosted in partnership with the Japan External Trade Organization (JETRO), the conference focused on the creation of investment opportunities in strategic sectors of the Kingdom. Delegates also discussed key reforms currently underway to enable easier market access for foreign companies.

Speaking at the event, Saudi Economy and Planning Minister Mohammed Al-Tuwaijri, said: “Today’s forum is a testimony to the success of the strategic direction set by the Saudi-Japanese Vision 2030 two years ago, which seeks to drive private-sector involvement, both by partnering with public-sector entities.”

SAGIA Gov. Ibrahim Al-Omar said: “At SAGIA, we have been working on creating a more attractive and favorable business environment in Saudi Arabia, which is making it easier for foreign companies to access opportunities in the Kingdom.”

Japan is one of Saudi Arabia’s most important economic partners. It is the Kingdom’s second-largest source of foreign capital and third-biggest trading partner, with total trade exceeding $39 billion.

JETRO president, Yasushi Akahoshi, said: “Saudi-Japan Vision 2030 has made great progress since it was first announced. Under this strategic initiative, the number of cooperative projects between our two countries has nearly doubled, from 31 to 61, and represents a diverse range of sectors and stakeholders.”

Since 2016, the Saudi government has delivered 45 percent of more than 500 planned reforms, including the introduction of 100 percent foreign ownership rights, enhancing legal infrastructure and offering greater protection for shareholders.

As a result, the Kingdom has climbed international competitiveness and ease-of-doing-business rankings, with foreign direct investment inflows increasing by 127 percent in 2018 and the number of new companies entering Saudi Arabia rising by 70 percent on a year-on-year basis in the first quarter of 2019.