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CEPA going ahead this year

2 June 2010 10:35 am - 16     - {{hitsCtrl.values.hits}}

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By Sandun A. Jayasekera

The controversial Comprehensive Economic Partnership Agreement (CEPA) will take centre stage during official talks between Mahinda Rajapaksa and Indian Premier Manmohan Singh next week and will be signed later this year, Co-operatives and Internal Trade Deputy Minister Neomal Perera said.

“It is true that it would be disadvantageous to Sri Lanka if the CEPA was signed in the present form. President Rajapaksa wants to have a dialogue with all the stakeholders to the issue – mainly the business community of Sri Lanka and incorporate their ideas and suggestions to the agreement which is expected to benefit the country immensely,” Mr. Perera told the Daily Mirror.

The Government is determined to give an opportunity to the business community, industrialists, investors, importers and exporters and even the consumers to air their views on the CEPA in the coming months. The agreement will be signed probably at the end of 2010 only after their suggestions and ideas are evaluated and incorporated in the agreement, Deputy Minister Perera stressed.

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  Comments - 16

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  • Wednesday, 02 June 2010 03:17 PM

    As it is we need to find employment for our people, why do we need Indian and Chinese to grab labour and deprive us from employment? There are people who are more than capable on our own soil!

    Wednesday, 02 June 2010 03:19 PM

    Yes just like the SAFTA. Indian cheap quality stuff and local industries will flop.

    Wednesday, 02 June 2010 03:30 PM

    Sri Lanka an Indian colony.

    Wednesday, 02 June 2010 10:52 AM

    anything else in line to be open for the Indian brothers ..

    Wednesday, 02 June 2010 11:00 AM

    Excellent. That's that way to go!

    Wednesday, 02 June 2010 11:04 AM

    Hope it is not another SAFTA !!!!!

    Wednesday, 02 June 2010 11:22 AM

    How will it affect Sri Lankan consumers? I bet prices would go down!

    Wednesday, 02 June 2010 11:45 AM

    It will help the Indians take more control of "sovereign" Sri Lanka's economy. Well, there is no free lunch as they say and now its payback time for the help given to defeat the LTTE

    Wednesday, 02 June 2010 11:52 AM

    It's all fine as long as we have a fair right to enter India free of hassle! Hope we can export more to India than the EU!

    Wednesday, 02 June 2010 11:52 AM

    Why is India forcing to do it? The real benefit is to them or to us? Srilankans think twice......!

    Wednesday, 02 June 2010 12:36 PM

    Lanka will not benefit from CEPA; it is for India's benefit.

    Wednesday, 02 June 2010 12:56 PM

    Under this agreement Indians can come and work here.But not vice versa.For example, Indian doctors are employed in the private sector hospitals at present.But, we are not allowed seek employment in India.Same thing happens to other specialties as well.

    Not only the prices go down but also quality of products from India. eg.Indian drugs available in the open market and in the government hospitals. They rarely effective with compared to drugs from original companies.

    Wednesday, 02 June 2010 01:13 PM

    Ok lets learn Hindi language to survive in Sri Lanka in the future........

    Wednesday, 02 June 2010 01:19 PM

    It will affect the Sri Lankan producers

    Wednesday, 02 June 2010 01:26 PM

    all CEPA is set to do is give india a new state. bye bye Sri Lanka. We will miss you.

    Wednesday, 02 June 2010 01:34 PM

    We did not get out of a 30 year war, to jump back into economic occupation by Indians. I am Sri Lankan and i like my country to be independent. Like Singapore


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