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International Development

Factum Perspective: Russia and North Korea – A marriage of convenience?

By Aakil Riyaz News outlets were recently in a frenzy over Putin’s recent visit to North Korea. Reports of a pact between the Russian premier Vladimir Putin and the supreme leader of the Democratic People’s Republic of Korea (DPRK) initially led to much speculation. These rumors were not without a basis. It was later revealed…

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BRICS, Global Equity, and De-Dollarization

By Natasha Gooneratne Imagine this: A developing country is in the midst of its most complicated economic crisis. Unemployment levels are rising, but not as precipitously as Inflation. Foreign currency coffers in national banks are as good as empty. As are fuel and gas reserves. International financial agencies have come knocking, they’re not happy about…

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Factum Perspective: The Future of India-Sri Lanka Economic Relations

By Rumeth Jayasinghe “Blood is thicker than water. It was natural for India to see what it could do to stand by Sri Lanka at this very difficult time” S. Jaishankar Sri Lanka’s relations with India go back a long way. The first inklings of trade consolidated economic, cultural, and religious ties in both countries.…

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Factum Perspective: Forging Digital and Maritime Futures

By Flavia Gunarathna In a series of diplomatic and technological engagements, Sri Lanka seems to be taking strides towards enhancing its digital and maritime infrastructure. During his official visit to Indonesia, President Ranil Wickremesinghe held discussions with Indonesian officials and Elon Musk, CEO of Tesla and SpaceX. These meetings, occurring amidst the backdrop of the…

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Factum Perspective: Sri Lanka in the Digital Silk Road

By Kasun Thilina Kariyawasam Many people have benefited from the ancient Chinese silk road, which connected large parts of the world. When we think of the Silk Road, we immediately think of silk, porcelain, and various precious stones. However, the Silk Road was also a route for countries to share knowledge and technology. Cotton weaving…

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Factum Perspective: Navigating the Crosscurrents – Iran, Sri Lanka, and the US

By Britney Martil Iranian President Ebrahim Raisi's visit to Sri Lanka marks a significant milestone. The inauguration of the Uma Oya Multipurpose Project, a hydro power project supported by Iran, symbolizes the potential for further collaboration in energy generation and infrastructure. Despite challenges like funding delays, the completion of the project underscored a sustained dedication…

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Factum Perspective: The Environmental Implications of Adani’s Entry

By Amantha Gunarathna Adani Group's recent announcement of a USD 750 million investment in Sri Lanka's power sector seemingly marks a significant stride towards bolstering the country's energy infrastructure. This investment underscores the growing recognition of the importance of transitioning towards sustainable energy sources globally. However, amidst the optimism, scrutiny arises concerning Adani's track record…

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Factum Perspective: Thailand Strengthens Economic Ties with Sri Lanka

By Flavia Gunarathna In a significant stride towards economic revitalization, Thailand and Sri Lanka signed a Free Trade Agreement (FTA), marking an important moment in diplomatic and economic relations between the two nations. As Sri Lanka grapples with its worst financial crisis in decades, the FTA is anticipated to play a crucial role in fostering…

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Factum Perspective: Combating Nitrogen Pollution in South Asia – Cooperation as a Tool

By Amanda Gunarathna Nitrogen pollution, a growing concern in environmental science, refers to the excessive release of nitrogen compounds into ecosystems, predominantly originating from human activities such as industrial processes, agriculture, and fossil fuel combustion. While Nitrogen is an essential element for life, an excess of it can lead to detrimental consequences for ecosystems…

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Factum Perspective: Climate Change Diplomacy in Sri Lanka

By Minoli Gunarathna Climate change refers to long-term, major changes in the global climate. Given the increasingly dire global climate situation, international cooperation must be prioritised. Climate diplomacy is a strategy approach that highlights the need of incorporating climate goals and addressing climate-related concerns at the highest level of diplomatic interaction and across multiple policy…

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Factum Special Perspective: The Role of International Fellowships in Bridging Knowledge Gaps and Spurring Entrepreneurship

By Tahira Sheriff In a world brimming with challenges, the power of unity, collaboration, and shared purpose shines ever more brightly. Such is the saga of my journey through the Professional Fellowship Exchange Program organized by the US Department of State. Over five weeks, I figured among 20 exceptional fellows from Sri Lanka, Bangladesh, India,…

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