Don't rush into CEPA: JVP

13 September 2015 11:37 am Views - {{hitsCtrl.values.hits}} 6 Bookmark

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Janatha Vimukthi Peramuna (JVP) today warned that the local industrial sector would be adversely affected by granting more access to Indians via the Comprehensive Economic Partnership Agreement (CEPA) with India.

JVP Propaganda Secretary Vijitha Hearth said they had information that the CEPA would be a main focus during talks between Prime Minister Ranil Wickremesinghe and his Indian counterpart.

Mr. Herath said if the CEPA which was first mooted some 15 years ago was signed it would mean a severe blow to our local producers and market stakeholders because the CEPA opens the doors for Indian traders to ply their trade without any let or hindrance in Sri Lanka.

“The CEPA is extremely favourable to Indians and impact negatively on the local business sector. Sri Lanka's exports to India have been estimated at US$580 million while Indian imports to Sri Lanka had increased from US$600 million to US$3,730 million and such a situation is not good for our economy,” he said.

Mr. Herath claimed that if the CEPA was implemented, an increasing number of Indian professionals such as doctors, engineers and labourers would come over to Sri Lanka thus dealing a severe blow to our professionals.

He said the CEPA should not be signed without a thorough and realistic reassessment of the agreement and that above all the economic and other burning problems of our people should be resolved on a priority basis before taking it upon itself any other issues based on regional of political considerations. (Piyumi Fonseka)

Comments - 6

Sapu Sunday, 13 September 2015 05:13 PM

The govt already said CEPA will not be signed,JVP is repeating the same thing over and over

7 26

Labby Sunday, 13 September 2015 05:36 PM

This is an attempt at cheap publicity by the JVP. Malik Samarawickrama has already explained the situation.

7 22

Krisna Sunday, 13 September 2015 05:51 PM

But,your party got money from India for campain for parliamentary general election

14 21

Sene Sunday, 13 September 2015 06:11 PM

Prove it! MR lost cuz ppl hated him not cuz India

11 17

ziyard Sunday, 13 September 2015 06:12 PM

CEPA is actually good for the country,we can learn a lot from indian professionals and labourers.

44 15

chaney Monday, 14 September 2015 09:32 PM

zyed u idiot. we Sri Lankans can never learn anything from Indians. CEPA will only screw our tiny island and food it with cheap Indian professionals and labor. Get a life. via DM Android App

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