President Mahinda Rajapakse addressing the fourth world conference on building interaction and confidence in Asia (CICA) in China on Wednesday (21) said "It is indeed appropriate that Asia takes the lead in the settlement of any Asian affair, and CICA as a multilateral mechanism on security in Asia, should seek to engage appropriately on the proposals made by His Excellency the President of China,
President Mahinda Rajapaksa was welcomed by the Chinese President Xi Jinping as he arrived for the 4th Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) that began at the Shanghai Expo Center Wednesday (21) morning.
The Vesak celebrations in Cairo were organized by the Sri Lanka Embassy with the participation of the Sri Lankan community living in Egypt on Vesak Day The Embassy premises was decorated with Buddhist flags and Vesak lanterns. The decorations were extended to cover part of Sri Lanka Street on which the Embassy is located. The main attraction was the revolving Vesak Lantern with eight sister-lanterns. A “Dansela” was also organized to serve fruit juice to passing motorists.
The Embassy of Sri Lanka in Kathmandu celebrated the 2558th Vesak celebrations (Buddha Poornima Festivities) on 15th May 2014 at the Embassy premises with the participation of Ven. Mahasangha of Buddhist temples in Kathmandu, the Sri Lankan community in Nepal, media personnel and other devotees.
The Government of Sri Lanka formalized its commitment to host and support the “Integrated Conference of Better Air Quality (BAQ) 2014 and Intergovernmental 8th Regional Environmentally Sustainable Transport (EST) Forum in Asia” that will be held in Colombo in November this year. Susil Premajayantha, Minister of Environment and Renewable Energy and Rohana Kumara Dissanayake, Deputy Minister of Transport were in Manila for the signing of the Memorandum of Understanding (MoU) with the BAQ organizer, Clean Air Asia, represented by its Executive Director, Mr. Bjarne Pedersen.
"In order to counter the effect of the continued decline in pawning advances on productive sectors of the economy, the Monetary Board granted approval to implement a credit guarantee scheme on pawning advances on behalf of the government," the Central Bank said in its May monetary policy statement.