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Sri Lanka Allows Firms From Oil-Producing Nations to Sell Fuel in Retail Markets_我的网站

一 |     Sri Lanka on Tuesday opened its fuel import and retail sales markets for firms belonging to oil-producing countries, a measure which the government hopes may ease crippling shortages that have paralyzed most of the economic activity in the island nation.,The move will also end the duopoly of state-owned Ceylon Petroleum Corporation (CPC), controlling 80% of the fuel market, and Lanka IOC, a unit of Indian Oil Corporation.,The cabinet approved the proposal hours before a high-level delegation left for Qatar and Russia to arrange fuel for immediate needs.,Minister of Energy Kanchana Wijesekera said the firms would be able to operate without Forex requirements from the Central Bank of Sri Lanka (CBSL) and other banks.,“This exemption of Forex requirements will be permitted for the first few months of operations,” the minister said.,The cabinet has asked the CPC to provide its logistics, stocking, and distribution service to the foreign firm, suggesting that the government would privatize a debt-ridden state-run firm which controls around 80 percent of the market.,However, the refinery business will remain with the Ceylon Petroleum Corporation, which was operating with a monthly loss of approximately $90 million last year.,On Monday, the government restricted fuel sales to port, health services, and food transport until 11 July, citing the "unprecedented state of finance and foreign exchange crisis.”,“All other sectors are requested to stay at home and provide services online in this difficult time,” Bandula Gunawardena, the government spokesman, said.,Last Wednesday, Sri Lankan Prime Minister Ranil Wickremesinghe said the economy had “completely collapsed,” showing the inability to purchase fuel as shortages of essentials and electricity worsen.,The government is in talks with Qatar, Russia, and India to arrange for fuel until the forex crisis gets resolved. The island nation has also planned a credit conference with the participation of India, China, and Japan to arrange for loans for food and fuel purchases.,A negotiation with the International Monetary Fund is in progress and will likely be finalized by July.,Want to know more? Check out our Koo & Telegram accounts!,Koo: https://www.kooapp.com/profile/sputniknews,Sputnik India: https://t.me/sputniknewsindia。    The Hague, Oct 15 (UNI) Dutch Crown Princess Catharina-Amalia has moved from her student flat in Amsterdam to the royal palace for security reasons, King Willem-Alexander and Queen Maxima told Dutch media during their state visit to Sweden on Thursday.
"That has enormous consequences for her life. That means she doesn't live in Amsterdam and can't really go outside," Queen Maxima said.
King Willem-Alexander described the situation with his daughter as "very difficult." "I'm really proud of her for keeping it all up, to be honest," Queen Maxima said.
The 18-year-old crown princess moved to a student flat in Amsterdam to live and study last summer. Last month, newspaper De Telegraaf reported that security measures surrounding the princess had been significantly increased.
She and Prime Minister Mark Rutte allegedly appeared in organized crime communications, which may indicate plans for an attack or kidnapping.
The police and the public prosecution service made no further statements about the matter, but after the statements of the king and queen it is clear that the threat is serious and that it has a serious impact on the life of the princess.
"I can assure you that everyone is doing their utmost to ensure Amalia is safe," Justice and Security Minister Dilan Yesilgoz said in a statement. "I can't say anything about specific threats or specific security measures, but I guarantee that our security services are working hard day and night to ensure her safety."
UNI/XINHUA。

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