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Govt. planning to sell Eastern Jetty of Colombo Port to India: JVP

24 November 2020 04:38 pm - 7     - {{hitsCtrl.values.hits}}

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The Gotabaya Rajapaksa government that came to power promising not to sell state property has approved a Cabinet Paper to sell the Eastern Jetty of the Colombo Port to an Indian Company, which is recorded as the first task undertaken by the President following the 20th Amendment to the Constitution, the Janatha Vimukthi Peramuna (JVP) charged today.

JVP politburo member Lal Kantha told a news conference that the 20A was passed in Parliament on October 22 and the Cabinet Paper to sell the Eastern Jetty of the Colombo Port to an Indian Company was presented in Cabinet on the same day.

“That Cabinet Paper was approved on November 9. President Gotabhaya Rajapaksa claimed that he wanted more power to serve people and as his first task after passing the 20A, the Cabinet Paper to sell the Eastern Jetty of the Colombo Port was presented in the Cabinet,” he said.

It was reported that 49 per cent of shares would be given to the Indian Company while the Ports Authority would retain the other 51 per cent, Mr. Lal Kantha said. “However, According to reports of the Indian High Commissioner, they are requesting more than 49 per cent of shares. We will see what happens,’ he said.

He urged all port trade unions not to withdraw from the fight to safeguard the Colombo port and urged them to rally together and face the struggle. (Ajith Siriwardana)

 

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  Comments - 7

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  • Chux Tuesday, 24 November 2020 06:03 PM

    Pls don’t use the word sale as it’s only a partnership

    Saranga W Tuesday, 24 November 2020 06:29 PM

    Get over your ideology

    Pantha Kumaran Tuesday, 24 November 2020 06:50 PM

    There is no issue. We have no choice other than selling some assets to pay off debts. Our debt is growing every day. This is the only way we can pay off our debt.

    Ravi Tuesday, 24 November 2020 06:51 PM

    Better than to China!!

    Jeeves Tuesday, 24 November 2020 07:20 PM

    Do what the Malaysians have done with foreign companies; lease no more than 49% for 10 years, then revert back to national asset.

    ChanakaJ Tuesday, 24 November 2020 07:21 PM

    National assets should remain as national assets. We cannot undo what was done in the past, but we can stay steadfast now, and in the future. There is always another way....

    Jeyawardane Tuesday, 24 November 2020 08:06 PM

    If what the JVP is saying is true then the Rajapaksas will never ever be elected by the people in any future elections.


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