01. Bi-lateral aviation accord between Sri Lanka and the Kingdom of Netherlands

The diplomatic relations between Sri Lanka and the Kingdom of Netherlands were inaugurated
back in 1951 and an aviation accord may lead to initiating direct flights for passengers and
crates between the two countries. It may further develop tourist, education, trade, investment,
agricultural and cultural relations between the two countries. Therefore, the Cabinet of
Ministers granted approval to the resolution furnished by the Minister of Ports, Shipping and
Aviation to sign a bi-lateral aviation agreement based on the particulars agreed at the
discussions held between the two countries.

02. Declaration of the National Supply Chain Day

The entire process of converting raw - materials to end products is called the supply chain
management and it enables to maximize the customer value as well as to formalize the supply
sector activities of an enterprise actively for maximizing consumer value and for achieving
competitive profits within the market. The Institute of Supply and Material Management has
brought into attention the appropriateness of declaring a national supply chain day with the
objective of improving the awareness about the importance of developing the supply chains
among the local enterprises and entrepreneurs. Accordingly, the Cabinet of Ministers granted
approval to the resolution submitted by the Minister of Industries for declaring the 24th October
of each year as the ‘National Supply Chain Day’

03. Providing incentives to emigrated employees who send remittances through legal means.

Approval of the Cabinet of Ministers has been granted by the decision on 08.08.2022 to provide
identified relief with the objective of encouraging the migrant Sri Lankan employees engaged
in overseas employment to send remittances through legal means. Accordingly, the Ministry
of Labour and Foreign Employments has issued the relevant circular in the regard and the
eligible migrant employees are facilitated to import a two – wheel electric vehicle subject to a
maximum of USD 25,000 and a four wheel fully electric vehicle subject to a maximum of
USD 65,000. The concurrence of the Cabinet of Ministers has been granted for the following
steps that have been taken with the objective of further encouraging the foreign exchange
earned by emigrant employees to be further remitted to Sri Lanka:
• Granting approval to import a two - wheel electric vehicle with a CIF value up to 50% from
the foreign exchange value remitted up to either 30.04.2023 or up to the date an application
is submitted for the import of a vehicle.
• Granting approval to import a four – wheel electric vehicle with the CIF value up to 50%
from the foreign exchange value remitted from 01.05.2022 to 31.12.2023 to this country.

04. Amendment of Licensing of Shipping Agents Act No. 10 of 1972.

The tanker operators’ regulations have been issued in the year 2005 subject to the provisions
in sections 8 to 10 of the Licensing of Shipping Agents Act No. 10 of 1972. The judiciary has
decided that the 10th regulation of that act should be revised and the approval of the Cabinet of
Ministers has been granted by the decision dated 04.07.2022 to introduce amendments required
to the Licensing of Shipping Agents Act No. 10 of 1972 including the relevant revisions.
Accordingly, the clearance of the Attorney – General has been granted for the draft bill
prepared by the Legal Draftsman. Therefore, the Cabinet of Ministers granted approval to the
resolution furnished by the Minister of Ports, Shipping and Aviation to publish the draft bill in
the government gazette and submit to the Parliament for the approval thereafter.

05. Amendments to the Code of Criminal Procedures Act (Chapter XXX Post-Mortems )

A committee headed by Prof. Ravindra Fernando was appointed to make recommendations
for suitable amendments to the existing laws, procedures and practices regarding the conduct
of post-mortems. The need for amending the Code of Criminal Procedure Act has been
identified to provide for the application of the recommendations of the said committee. The
Cabinet of Ministers approved the proposal to amend the Code of Criminal Procedures Act,
presented by the Minister of Justice, Prison Affairs and Constitutional Reforms accordingly.

06. The Bill on the Singapore Convention on Mediation

The United Nations Convention on the International Settlement Agreement resulting from
Mediation alias the Singapore Convention on Mediation has been approved by the member
states at the United Nations General Assembly on 20.12.2018. Sri Lanka has signed the said
agreement on 07.08.2019 and domestic laws should be enacted to enforce it in Sri Lanka.
Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of
Justice, Prison Affairs and Constitutional Reforms to prepare a appropriate bill taking into
account the provisions of the relevant convention.

07. Validity period extension of the loan taken for National Transmission and Distribution
Network Development and Efficiency Improvement Project .

The agreement related to obtaining a loan of 24930 million Japanese Yen from the Japan
International Cooperation Agency for this project was signed on 11.08.2015 and the validity
period of the loan is scheduled to end on 28.10.2022. Due to the prevailing situation in the
country, the project could not be implemented as scheduled and the need of extending the
validity period of the relevant loan has arisen accordingly. As such, the Cabinet of Ministers
approved the proposal presented by the Minister of Power and Energy to extend the validity
period of the respective loan till 28.04.2026.

08. Revision of rooftop solar tariff rates

At present, about 580 megawatts have been added to the national grid through the system of
solar power plants installed on roofs. According to the long-term Generation Expansion
Plan prepared by the Electricity Board, it has identified the need to obtain another 1800 MW
of electrical capacity through this. A committee has been appointed to revise the electricity
purchase rates from approved solar power plants as an incentive. Accordingly the Cabinet of
Ministers approved the proposal presented by the Minister of Power and Energy to revise the
rates in accordance with the recommendation of the said Committee.