Pakistan to get ‘services’ denied to India

[Gibbs]

Can you elaborate what advantage does Sri-Lanka offer in this regard? Which countries Srilanka would be connecting or re-supplying incoming vessels to considering India has it's own ports in region not too far away and SL population itself is too small to justify investment.

Don't take it the wrong way - this is a genuine question as I am ignorant of the port economics and container handling data in Sri-Lanka. I assuming SL does not want to lease it's port to PLAN so not taking defence dimension into picture.

You can get some of the insights to the subject from this discussion..

Sri Lanka becoming global distribution hub

Btw, Significant amount of Indian transshipment goes through both Colombo and Hambantota ports, Especially your automobile exports of Sub Saharan Africa

Add to the logistical advantages, Sri Lanka already has FTA's with India and Pakistan and are about to sign with the US and China, So that will immensely benefit as a hub status for the region

People's Republic of China-Sri Lanka Free Trade Agreement Free Trade Agreement

SL likely to sign FTA with US: PM ::: Dailymirror.lk ::: Breaking News

 

[Brahmaputra Mail]

Pakistan to get 'services' denied to India » The Nation

Sri Lanka has agreed to the inclusion of “services” in its Free Trade Agreement (FTA) with Pakistan, while opposing the inclusion of this sector in the Comprehensive Economic Partnership Agreement (CEPA) and the Economic and Technical Cooperation Agreement (ETCA) with India.

Pakistani Prime Minister Nawaz Sharif said here on Tuesday that Pakistan and Lanka have agreed to the inclusion of Services and Investments in their bilateral FTA.

Lankans fear that Indian professionals, including “barbers”, will flood Lanka in case services are included in bilateral economic agreements. But apparently, there is no fear of Pakistanis flooding the Lankan services market.

The reason for this is that while India’s economic presence in Lanka is widespread and heavy, the Pakistani presence is negligible. The India-Lanka bilateral trade amounts to US$4.6 billion with Lanka being a much smaller partner accounting for US$720 million. In the case of Pakistan, the total bilateral trade is itself only US$354 million with Pakistani exports accounting for US$280 million. While India has US$2 billion worth of investments in Lanka, Pakistan has virtually none.

The existence of an FTA with Pakistan since 2005 has only had a very limited impact. Lanka is not able to export much because its main items of export — tea, rubber, apparel and textiles — are in Pakistan’s negative list. Lanka also does not exploit the available market and quotas. Lanka exports only 36 items in a list of 156 items listed in the FTA.

While Pakistan has shown some interest in promoting trade and investment, Lankans have not responded enthusiastically. Dr Saman Kalegama, of the Institute of Policy Studies, attributes this to a lack of interaction between the businessmen of the two countries and absence of people to people contact.

Protectionism. Nothing else. Not that we're at disadvantage.

 

[Gibbs]

Protectionism. Nothing else. Not that we're at disadvantage.

Paramount when you're dealing with such a gigantic market like India

 

[somebozo]

Another Reason

Lankans fear that Indian professionals, including “barbers”, will flood Lanka in case services are included in bilateral economic agreements. But apparently, there is no fear of Pakistanis flooding the Lankan services market.

Pakistanis do not work for cheap..

 

[tarrar]

It is a very good news for both the countries. With it will never see an end to Indian lobby in the region & in other countries who are trying & want to come close to Pakistan.

 

[dray]

In short, Pakistanis can become barbers in Sri Lanka, Indians cannot......hmmm!

 

[Donald Trump]

Lankans fear that Indian professionals, including “barbers”, will flood Lanka in case services are included in bilateral economic agreements. But apparently, there is no fear of Pakistanis flooding the Lankan services market.

Source: Pakistan to get ‘services’ denied to India

So they prefer Pakistani barbers to Indian barbers??

 

[Rajput_Pakistani]

Sri Lanka is totally justified in their approach towards India. They have suffered a lot in 25 years long Tamil terror, which has its roots and base in Tamil India. A little negligence and Tamils could flood in and disturb the delicate ethnic balance in Sri Lanka.
Sri Lanka being smaller in size knows very well the happenings around. Bhutan, Burma, Nepal are few examples of India's "neighborly" affection.

 

[xyxmt]

Errr. It's a Indian source mate.. I think you just counteracted your own claim

Lanka Includes Services in FTA With Pakistan, But Not In Pacts With India -The New Indian Express

hahah slap shot

 

[SrNair]

Thats just rhetoric emanating from those groups oppose to CEPA, What it means is issue of semi skilled Indians overwhelming the labour market in Sri Lanka, Not specific to Barbers.. Lol

Already this has become an issue with illegal Indian immigrant workers employed in agriculture, certain manufacturing and low skilled service sectors.. Hundreds get caught and deported every month, More slip through the authorities.. Not easy to differentiate Indians from the local populace especially in the North and East

The issue is Indian Migrant workers are willing to work for lesser pay and more hours than locals, Also since they're not registered nor have any legal rights they're exploited as well

On the contrary for Sri Lankan citizens they have some of the strongest labor rights in the region, The trade Unions are so strong sometimes you wonder if anything gets done in the country without someone protesting.. So some of those who employ Indians prefer them

Specify .Where did they came from ? Which state?"

 

[SarthakGanguly]

But apparently, there is no fear of Pakistanis flooding the Lankan services market.

Only skilled people can successfully flood a place.

Anyway congrats Sri Lanka.

 

[Viper0011.]

The reason for this is that while India’s economic presence in Lanka is widespread and heavy, the Pakistani presence is negligible. The India-Lanka bilateral trade amounts to US$4.6 billion with Lanka being a much smaller partner accounting for US$720 million. In the case of Pakistan, the total bilateral trade is itself only US$354 million with Pakistani exports accounting for US$280 million. While India has US$2 billion worth of investments in Lanka, Pakistan has virtually none.

Here we go again. The infamous "Indian Math"!!!! Every other post and thread has it . You guys try to hide the truth behind every topic with "MATHS"!!!! . There was a two week long thread with another genius from India, who has never work on large programs but he was trying to prove his point without having real experience!!!!

Now on this post, the REASON the Sri Lankan did this, is very strategic. Simply put, they are smart people and are realizing the "holly shiit" moment that the US and other Western countries ignored as warning signs of growing Indian influence inside their countries.

India has a huge labor market with 1.2 billion people (majority educated), wherever you see them go, be it the US, the France, the UK or Australia, because they go in masses, they establish a huge community within a decade and supported by Indian businessmen from back home. The result is a polite take over of the local economy by the Indian service based labor and businessmen and then that feeds into a lobby which is created to change the country's political dynamics and to create influence. The US IMO has shelved out trillions into India and inside the US. The Indian lobby is so strong that they've sold the US on "we'll stand against China with you". When, they will never fight the Chinese.

When the time comes, I can assure you and many on here have known by now as well, that they will simply say "our people didn't want a war with China as we are a democratic country". So the US will be left alone with traditional allies to fight the Chinese. While India, will sit back and watch, and will focus on becoming the next super power as the Chinese and the US fight and weaken up.

So much for giving up trillions in economic benefits, and employment at the expense of American labor's jobs!!!!

So the Sri Lankans know the hell it would become if they invited the Indian Service industry. They don't want to turn another US, UK or Kenya. They want their political system to stay in tact and their country to work on their finding principles. So giving Services work to other countries like Pakistan, takes care of that problem. I like how the Lankans think . Very patriotic and our businessmen in the US, don't really care for the country or her people. They just want bigger bonuses and profits