Furthermore, a close personal rapport has been established between the leaders of the two countries and that has facilitated this sudden upswing in relations. President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe held meetings with Australian Prime Minister Malcolm Turnbull at every international forum they attended and spent time to discuss bilateral cooperation and examined ways and means of further extending cooperation.
President Sirisena’s official visit to Australia this week takes place in the backdrop of this conducive atmosphere. Hence, it is a foregone conclusion that the visit would result in many concrete steps to further expansion of bilateral cooperation in several fields including industries, investment, agriculture, maritime security cooperation, action against human smuggling, education, and science and technology.
President Sirisena is highly impressed with the advances made by Australia in developing and utilizing modern technology in many fields including agriculture and food production. Hence, he expressed his desire to visit the Centre for Genomics, Metabolomics and Bioinformatics at the Australian National University (ANU) during his visit. This Centre is a collaboration between ANU and the Commonwealth Science and Industrial Research Organization (CSIRO) that integrates cutting-edge technologies and methodologies to support and improve Australia’s agricultural and food industries. The President, who is keen to improve Sri Lanka’s self sufficiency in indigenous food, is hopeful of obtaining new and innovative technologies for this purpose.
As Environment Minister, President Sirisena is completely committed to environment sustainability and his ministry has launched several programmes to increase Sri Lanka’s forest cover which has been depleting in the past few decades. The President is also expected to visit Australia’s famous arboretum to see the methods that could be adopted for improving Sri Lankan flora and agricultural heritage.
The two countries established diplomatic relations in 1947, on the eve of independence in Sri Lanka and this year marks the 70th anniversary of diplomatic relations.
In the recent past, Australia has shown a remarkable increase in its focus on Asia. Prime Minister Turnbull emphasized this after the last round of bilateral discussions. “We are Indian Ocean neighbors and we have a shared interest in a secure, stable and prosperous region. In particular, safe and open Indian Ocean trade routes are critically important to both our nations and it’s fitting then that maritime cooperation is such an important focus,” he said.
Prime Minister Turnbull commended Sri Lanka on its strong economic growth and considerable progress toward national reconciliation since the end of the conflict in 2009. As a close friend and Indian Ocean neighbor, Australia will continue to stand with Sri Lanka on this journey, including through lending practical support for reconciliation measures, he added.
There is close cooperation between the two countries in international forums, including in the Commonwealth and the Colombo plan and, more recently, in the Indian Ocean Rim Association and the ASEAN Regional Forum.
Australia has expressed its keenness to expand the broader strategic cooperation between the two countries. The economic promise of the Indo-Pacific region, combined with growing concerns about the security and stability of this region, point to an opportune time to enhance strategic cooperation.
Australia’s Defense White Paper 2016 offers a basis on which to expand such cooperation, moving beyond its present focus on people smuggling between the two countries and toward a broader, rules-based relationship that accounts for regional opportunities and challenges.
Sri Lanka and Australia have formed a Joint Working Group on People Smuggling and Other Transnational Crime toward this end, and also cooperate on the issue multilaterally via the Bali Process. This cooperation was strengthened when the Australian government gifted two Bay-class vessels to the Sri Lankan government in 2013, to increase the Sri Lankan Navy’s capability to intercept people smugglers in Sri Lankan waters.
Two countries inked a Memorandums of Understanding on development cooperation earlier this year. Under the MoU, Australia has agreed to extend support for Sri Lanka’s economic development and trade. Prime Minister Turnbull said that the economic relationship between the two countries is growing and the trade between Sri Lanka and Australia was worth around $1 billion last year. Australian companies are investing in Sri Lanka, encouraged by the Sri Lankan government’s economic reform agenda, he said.
Another area of increasing cooperation is education. Australia is a popular destination for Sri Lankan students to study abroad and some 7,500 Sri Lankans are studying in Australia.
During the visit of Prime Minister Wickremesinmghe to Australia, two Prime Ministers emphasized the significant opportunities of greater trade and economic integration in the Indo-Pacific region to both countries and their continued commitment to work together in building regional trade. In this regard, Prime Ministers noted the Kotte Statement on International Trade and Investment adopted by CHOGM 2013 in Colombo and welcomed opportunities to deepen trade and investment links.
There are quite a few Australian large-scale investments in Sri Lanka. They focus on three priority areas to invest; which are agro business (includes food and beverages, infrastructure and education), dairy and fisheries industries.
The bilateral trade is marked by a steady growth. Sri Lankan exports to Australia include garments and apparel products, tea, rubber tyres, gloves, footwear and gaiters, nuts, ground nuts and other seeds, headgears, toys, games & sports requisites, activated carbon, furniture, lamps & fittings, glass & glassware, food preparations, manufactured articles and coir product. The main imports by Australia are lentils & peas, dairy products, flour, meals & pellets and wheat & maslin flour.
Main focus of President Sirisena’s visit would be to promote more investments from Australia and increase trade cooperation.
By Sugeeswara Senadhira
Courtesy - PMD
