{"id":163055,"date":"2016-05-27T16:22:38","date_gmt":"2016-05-27T10:52:38","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=163055"},"modified":"2016-05-29T00:18:26","modified_gmt":"2016-05-28T18:48:26","slug":"in-desperation-sirisena-makes-plea-for-foreign-investors-to-invest-in-sri-lanka-at-g7-summit","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/in-desperation-sirisena-makes-plea-for-foreign-investors-to-invest-in-sri-lanka-at-g7-summit\/","title":{"rendered":"In Desperation, Sirisena Makes Plea For Foreign Investors To Invest In Sri Lanka At G7 Summit"},"content":{"rendered":"

President Maithripala Sirisena<\/span><\/a> on Friday used the G7 Summit in Japan to appeal for assistance from developed nations, multilateral and bi-lateral investors, calling on them to invest in Sri Lanka.<\/p>\n

\u201cWe lack finances for extensive development efforts and therefore seek developed nations\u2019 and multilateral and bi-lateral investors to invest in Sri Lanka,\u201d he said while speaking on \u2018Stability and Prosperity in Asia\u2019 at the Outreach Sessions of the G7 Summit.\"Maithripala<\/a><\/p>\n

He noted that stability and prosperity will depend on the opportunities, political and development environment, giving prominence to the huge public demands, good governance and the psychological needs for freedom, and protection from adverse situations.<\/p>\n

\u201cWith a revolutionary change of governance, my government has succeeded in creating the path for viable development environment and for reconciliation in a multi-faceted society. Now, the people are free and respect human rights. I am aware how G7 countries have appreciated the change we created. This change was endorsed by the people in January and August 2015 in two elections. It exhibited peoples\u2019 opposition to abuse, corruption, and many such ills, which are detrimental to stability and prosperity,\u201d Sirisena said.<\/p>\n

He noted that due to the acts of the previous government, capital inflows and investments, which are the mechanisms for stability and prosperity slowed down to the country.<\/p>\n

\u201cTo create stability we formed a National Unity Government under my Presidency, combining the country\u2019s two main rival political parties in the Parliament. Our government introduced the 19th Amendment to the Constitution through which I transferred to the Parliament most of my executive powers, except those denied by the Supreme Court. It is democracy at its best,\u201d he said.<\/p>\n

As a demonstration of commitment to transparency, accountability and the rule of law, and his firm determination to wipe out corruption, Sirisena also said that he had established a Special Presidential Task Force to investigate Stolen Government Assets, and appointed a Commission to Investigate Allegations of Bribery and Corruption and established a Special Division within the Police titled the Financial Crimes Investigation Division to investigate major financial crimes.<\/p>\n

\u201cCorruption and discrimination were factors that promoted political violence, withdrew investments and created an unstable economy. Therefore, our actions will instill stability and prosperity. In addition to disengaging executive powers, I re-established the Independent Commissions such as for the Public Service, Human Rights, Police, Elections, Delimitation and Finance,\u201d he said.<\/p>\n

\u201cTo focus on reconciliation, as I mentioned at the UN General Assembly, we move forward to establish mechanisms for Truth Seeking, Justice Seeking, Reparation and actions for non-recurrence, based on extensive consultation with all sections,\u201d Sirisena said.<\/p>\n

He also thanked the people of Japan and the Government of japan for the assistance they provided during the last few decades to enhance the economy of Sri Lanka and to bring peace to the country.<\/p>\n

\u201cEven as I speak to you today, Sri Lanka is recovering from one of the worst floods and landslides we ever experienced. Immediately several countries offered help in our rescue and reconstruction efforts. We thank them and look forward for more development commitments as the destruction is severe,\u201d he said.<\/p>\n

\u201cTherefore, I believe that the G7 Summit of 2016 will look at countries like ours focusing on all these fields. Your invitation to me would yield real benefits beyond bounds, if serious attention is drawn to our problems.
\nI very much appreciate the feelings of friendship and understanding demonstrated by the Heads of State of G7 countries and the Heads of State of Outreach countries during these sessions,\u201d Sirisena added.<\/p>\n","protected":false},"excerpt":{"rendered":"

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