JICA Supporting USD 300 mn Water Supply Project for Western Province

island.lk, Feb 26,’16

Japan International Cooperation Agency (JICA) has agreed to support the Sri Lankan government to implement new city development projects and projects to supply clean drinking water (Western Province, targeting Colombo and its suburbs) to the people of Sri Lanka. Therefore, JICA will provide US $ 300 million for the entire clean water project, which will be given to Sri Lanka as a concessionary loan.

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Trans-Pacific Partnership trade deal signed, but years of negotiations still to come

Trans-Pacific Partnership trade deal signed, but years of negotiations still to come

The Trans-Pacific Partnership, one of the world’s biggest multinational trade deals, was signed by 12 member nations(Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam) in New Zealand, but the massive trade pact will still require years of tough negotiations before it becomes a reality.