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Sri Lanka cancels CEPA with India

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Sri Lankan MPs clash over CEPA with India

Sparks flew in the Sri Lankan parliament as supporters and critics clashed over the proposed Comprehensive Economic Partnership Agreement (CEPA) with India.

According to media reports, Weerawansa expressed fears that the deal, the first of its kind in Sri Lanka, would leave local enterprises in doldrums because of the possibility of Indian investors gaining the upper hand, according to the provisions of the deal.

Bimal Ratnayake of the JVP charged that the government had decided to sign the deal with India in a hurry without consulting the “true industrialists” in the country.

“Today Mahinda Rajapaksa government has knelt before India and is betraying us to India the state-run Daily News quoted JVP MP Ratnayake as saying.

Udawatte Nanda Thera, a MP from the Jathika Hela Urumaya (JHU) — an influential party of Budhist monks — has said that the Sri Lanka had benefited “very little” from the Free Trade Agreement (FTA) with Indi and added that CEPA would mean a one-way traffic for Indian entrepreneurs.

Sri Lankan MPs clash over CEPA with India

the one thing all politicians share is that they all compromise
 
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National Freedom Front is the main partner of Sri Lankan Government, Blocking the CEPA with India, Pls Read the article and understand.

:hitwall:

I read the article . Nowhere it mentioned that CEPA is cancelled. What the oppostion says is they never allow the CEPA to happen and that too in 2008. Things might have been changed now.
FYI I posted a 2009 article which clearly shows CEPA talks are still underway.

:wave:
 
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the one thing all politicians share is that they all compromise

The article is dated August 6th, 2008 - 3:14 pm ICT by IANS. where as members have posted much more recent articles. Hatred does make people blind.
 
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