Sri Lanka Ports Authority and Virginia Ports Authority, USA sign historic MOC

Thursday, 4 July 2024 03:40 - - {{hitsCtrl.values.hits}}

Seated in front: SLPA Chairman Keith Bernard (left) and VPA General Council Sarah J. McCoy. Back row (from left): The Colombo Plan Program Assistant Tharushini Suriyaarachchi, The Colombo Plan Port of Colombo Capacity Building Project Lead Consultant Rohan Masakorala, Ministry of Ports Shipping and Aviation Sri Lanka Secretary K.D.S. Ruwanchandra, and VPA Director Federal Government Affairs Andrew M. Sinclair

For the first time in history, the Sri Lanka Ports Authority (SLPA), signed a Memorandum of Cooperation (MOC) with Virginia Ports Authority (VPA) in the United States of America, where the two sides have agreed to enter into a cooperative agreement for the mutual exchange of expertise and technical collaboration between the two ports.

SLPA officials travelled to the United States as part of the Port of Colombo Capacity Building Project, supported by the US Embassy in Sri Lanka and implemented by The Colombo Plan. The Port of Colombo operates under SLPA, which is the primary transshipment hub for South Asia. Additionally, the Port of Virginia, under VPA, is one of the largest ports on the East Coast of the United States and runs an automated SMART port, which is a major international gateway for US trade bound for overseas markets.

The MOC was agreed upon on 15 May in Portsmouth, VA when the SLPA delegation visited the United States on a study tour through The Colombo Plan. The MOC came into effect with the approval by the Cabinet of Ministers in Sri Lanka on 19 June. Minister of Ports, Shipping and Aviation Nimal Siripala De Silva submitted the details to cabinet under the Sri Lankan Government’s “Ports prosperity expertise development” theme where the MOC covers the subject areas through 10 articles consisting of information and knowledge sharing, exchange visits, sharing best practices, cooperation on general logistics, exchange of technical expertise, supporting initiatives in maritime security, liaising between parties, dispute settlement and entry into force, validity and renewal, and termination. This MOC has a validity period of five years.

SLPA Chairman Keith Bernard, and VPA General Council Sarah J. McCoy signed the MOC on behalf of each organisation while Ministry of Ports, Shipping and Aviation Sri Lanka Secretary K.D.S. Ruwanchandra, VPA Director Federal Government Affairs Andrew M. Sinclair, The Colombo Plan Port of Colombo Capacity Building Project Lead Consultant Rohan Masakorala, and The Colombo Plan Program Assistant Tharushini Suriyaarachchi, witnessed the signing of this historic agreement between the two institutions. The current initiative to build capacity at SLPA will continue until 2026. The MOC is expected to facilitate productive engagement and collaboration between the parties in the maritime and logistics sectors for years to come.

US Ambassador to Sri Lanka Julie Chung lauded the historic port agreement between Sri Lanka and Virginia ports authorities, noting, “Sri Lanka has a vital role to play in facilitating global trade and ensuring the world’s cargo efficiently traverses the Indian Ocean. This agreement is a testament to the shared vision of both our nations to bolster maritime security, enhance logistical efficiency, and drive economic growth. The United States recognises the importance of a robust and resilient maritime sector in Sri Lanka and is dedicated to providing ongoing support and cooperation.”