3 March, 2021

Blog

Four Countries Will Decide Lanka’s Economic Future

By Kumar David

Prof. Kuma David

Sri Lanka’s economic predicament is more parlous than the government admits. Prof WD Lakshman of the Central Bank and other regime supporters and sections of the media conceal this obvious reality. Of course much depends on domestic policies but rather like a drowning man we are reliant on lifesavers and rescuers in the vessels around us to pull us to safety. To put it more directly, at this juncture Sri Lanka’s short and medium term economic future depends on the goodwill of others. Five players are critical and in order of importance they are India, China, America and the EU – India because it has the ability to stave us, China our patron, America and the EU are Lanka’s principal export market. In 2018 our main export markets were USA (24.2%), EU which then included UK (18%) and India (7.8%). Our imports in the same year came mainly from China including Taiwan and Hong Kong (28%) and India (23%). Singapore and Japan together provided about 13% of our imports and the EU another 13%. As always these numbers are rounded off because my objective is to sustain the political thrust of my arguments. 

About half our fuel imports are from UAE and Oman and about a quarter each from India and Singapore. Though foodstuffs and pharmaceuticals account, in value terms for only about 12% of our imports from India they are vital livelihood commodities. The point I am driving is that Indian power over this Island is not only strategic as a giant neighbour whose military clout can overwhelm us, it is that if any foreigner has the power of life and death over us, it is India. China’s might in the Indian Ocean is not military, rather it is its financial potency in the littoral states scattered across the Belt & Road path. Lanka is broke, it is near to defaulting on debt, only a few can bail us out, China the most generous among them. Handouts from the IMF, America, India and Europe in addition are also welcome. Beggars can’t be choosers. This is the grim picture I am painting, the primacy of the economic crises and dependence for survival on major powers. If you disagree fundamentally about this then you won’t miss anything if you stopped reading at this point: As we enter the UNHRC arena this week what we need to fear much more than denunciation and resolutions of condemnation is that if we were to antagonise any of afore named the big-four breathing down our neck – India, China, America and the EU – it could be curtains for this country. 

The economic-financial-debt side is more significant than diplomatic fall out, loss of face or strategic consequences. Re strategic matters it is my view that India is not going to blockade this Island, America doesn’t consider us worth half a battleship, China can’t spare a tugboat to defend Sri Lanka and the EU can’t even defend itself. I have said it before and I say it again, all the talk of Sri Lanka’s vital location on the world’s busiest marine highway is balderdash. Today’s massive container and tanker vessels can go half-way round the world without bunkering and nobody needs to dock here for freight transhipment. India’s concern is to thwart a Chinese stronghold in her backyard chicken coop while China needs friends on maritime routes encircling India. For all concerned it’s no matter of life and death, it’s a pirouette. That is for all concerned except us because we are broke and need alms. And China stands ready to help especially in dealing with the debt crisis in line with its own foreign policy interests. Now one more rumour is in circulation – India it seems has offered $12 million for alternative projects in the three islands off Jaffna that were said to have been pledged to China for energy projects. These are interesting times.

Having made my point let me note down a few matters on the political side. Political circles are buzzing with the following stories all of which may finally swing on way or the other. The most interesting is the Imran Khan saga; while it would be an unthinkable slap-in-the-face to withdraw the invitation to Imran to address parliament there is concern on the government side that he may be ambiguous on Muslim burials and protection for Muslims. While this is not directly related to how most Muslim member countries will vote in Geneva, things are so fluid in respect of what may happen at the sessions that inviting Imran at this moment may not produce the expected benefits or could boomerang. Frankly the Great Khan would do much better playing an invitation match at the Hambantota Stadium than dabbling in local politics. Mahinda promised the Muslims that they could bury their dead – oh yes he did – and now monks and the extremists are attempting to extricate him from a sensible decision. The obnoxious Weerawansa-Vasudeva coup to oust Mahinda and cut a path for Nandasena’s elevation too is related to the fracas in Geneva though I am not suggesting that this, not a power struggle and racist extremism, is the most significant cause underlying the alleged internal conflict. The political MR-side would like a settlement in Geneva short of a commitment to accountability while Executive and military are committed to playing hardball – see for example Kamal Gunaratne’s interview in Ceylon Today 13 Feb 2021. 

All these game-plans are still open-ended and we don’t know how the cards will eventually fall in Geneva during the next four weeks. The Core Group and Sri Lanka are bargaining to arrive at a “consensus resolution” and it remains to be seen what horse-trading deal will issue at the consensus altar. I am aware that the Tamil and Muslim parties in the Island and the Tamil diaspora are burning the midnight oil in an effort to include strong accountability requirements in the resolution. Sanctions against individuals and trade and aid sanctions such as withdrawal or GSP or the recent measures announced by the Biden Administration against Burma, are up to individual or groups of countries to impose. However sanctions binding on all countries can be imposed only by the Security Council and that is not going to happen.

Print Friendly, PDF & Email

Latest comments

  • 14
    3

    Evan though I might not agree with some of the conclusions……
    good analysis after some time by prof.

    • 8
      3

      Ms SCP,
      Good professor has not changed his thoughts, but may be you, so called Rajapakshe virologist. Not being able to face the very same punnaku eating majority, you guys have no other choice …?
      :

      • 3
        0

        Mr. eLM, (eternal Loose Motion)
        .
        It’s not someone’s face but the intellectual ability what counts.
        Prof has his opinions but that doesn’t mean that we have to disagree on everything he say.
        .
        A lowlife like you who doesn’t know Great Britain is an island and who believes Vietnam and China are islands can’t understand things like that.

  • 21
    5

    It’s nearly 12 years gone since the massacre of not only LTTE Cadres but also other thousands of innocent Tamil Civilians no really significant improvement has come about.
    North and East of the country is flooded with Government Security Forces and intelligence officers. These Tamil areas are now like an open prison.
    It’s time for GoSL get the Tamils to live freely and not to deprive them of their livelihoods.
    It’s TIME for GoSL to stop the Armed forces running Hotels /Agricultural activities in North and East of the country.
    First and foremost we need the Government
    NOT to behave as a racist one.
    Have Independent Judiciary/Media.

    • 7
      21

      Naman,
      “First and foremost we need the Government NOT to behave as a racist one.”

      First and foremost people in this country want the minority who came from Hindusthan NOT to behave as racists and separatists.

      Do you know any other country where asylum seekers demand that they want to create a separate State by grabbing a part from the country that gave them asylum?

      • 10
        4

        So, where did you and your ancestors come from dumb Eagle?

        • 3
          14

          Ari,
          Definitely not from Hindusthan from where Demalu and Dravida Muslims came.

          • 8
            3

            Tamils would have taken a stroll or even just swam across the straits to this island, but isn’t that uncanny that you do not seem to know your own origins! Is it because you do not believe your own oracle Mahavansa?

      • 10
        3

        Eagle,
        Why do you keep on spouting incoherent rants? Do you even know what those little red thumbs down 👎mean? Please ask your grandchildren.

    • 6
      14

      Naman,

      “North and East of the country is flooded with Government Security Forces and intelligence officers.”

      This will continue. Tamil Diaspora is trying to revive the LTTE or another terra movement. That will give us the needed excuse to keep our troops in the North and east (Mostly North)

    • 5
      2

      Wishful thinking since 1924.

      None of those will ever happen. Don’t be foolish to expect. Please be practical.

      The only way Tamils and Muslims can get dignity, self respect, self determination, freedom of discrimination, make own decisions, etc. is to split the island into 3 (or 2 if Muslims agree) mono ethnic nations. Sinhala Only nation and Tamil and/or Muslim nation/s and relocate people.

      Until then things will get worse for minorities. Simple.

      • 6
        7

        GATAM,
        Is there any country in the world where people who sought asylum demand that the country should be divided and parts should be given to them to have their Kingdoms?

      • 0
        0

        Gatam, Why can’t the tamils and muslims live as dignified self respecting Sri Lankans in a unified society without rebelling but progressing and productive in their fields and use the vote wisely. They are Americans, British and Canadians in those countries. So why not Sri Lankans here like it used to be long ago, without suffering discrimination

  • 17
    4

    This is not the most exciting or the most fascinating article written by Kumar, but thanks for writing it. What it tells us is the truth.
    .
    Life continues in Sri Lanka, right now – and we want it to continue. But it will not if people are forced to face the economic realities. “The people” include me.
    .
    That is not the only reason why we want the government to dismount the high horse. However, it is one of them. If economic ruin descends on us, we will not be happy. That is why we ask the government to be realistic.
    .
    Yet, the government will not allow the Muslims to bury their dead, or force some unenthusiastic school children to sing the National Anthem in Tamil. By now it has come to the stage where the latter will not be done spontaneously. Yet, the government is too stubborn to yield even on these.
    .
    We don’t want to be faced with a situation in which even we have to start looking for food in garbage bins. Well, it may come to that if the government acts as stupid as it has been recently. Unexciting comment? Yes, like the article. We’d better be realistic.

    • 7
      20

      Sinhala_Man,
      Why National Anthem should be sung in Tamil? Are Tamils a special minority in this country? There are several other minorities who have come from other countries and settled down in Sinhale (now Sri Lanka) like Malay, Chinese, Malayali etc. Tamils also came from a foreign country and settled down in Sinhale. If National Anthem is sung in Tamil it is unfair for other minorities. So, the best thing is to sing only in Sinhala as mentioned in the Constitution.
      The only ethnic minority in Sinhale are Vedda Eththo who evolved in this country along with Sinhalayo. If National Anthem to be sung in any other language other than Sinhala, it should be in the language of Vedda Eththo. In fact, dumb Sri Lankan politicians have done a great injustice to Vedda Eththo by deciding to sing in Tamil ignoring the real ethnic minority in Sri Lanka. This dumb decision was taken by traitors in ‘Jadapalana’ Government in order to please Tamils who were in (illegal) ‘Opposition’ to get their support to stay in power.

      • 16
        2

        EE
        The Tamil version of the national anthem soon followed the original in Sinhala. It was soon recognized as official and sung on all occasions where there was a predominantly Tamil audience or where a need to sing it in Tamil was recognized.
        It was never an issue until after the escalation of the war, and 2009 especially.
        *
        It gives Tamil-speakers a healthy sense of belonging as the anthem itself is among the most secular national anthems.
        If you resent it, I would say that it is too bad.

        • 3
          11

          SJ,
          Sinhalayo sacrificed and compromised for peaceful co-existence with Tamils who came from Hindusthan and settled down in Sinhale but what did Sinhalayo get in return? ‘Vaddukkodei’ Resolution to create a separate State, a terrorist campaign that slaughtered Sinhalayo for three decades, war crimes and human rights violation charges, possible sanctions and a tarnished image among the International Community.

        • 4
          1

          SJ,
          I envy your ability to communicate with the intellectually challenged.

          • 2
            2

            ” I envy your ability to communicate with the intellectually challenged.

            Old,
            It is not intelligence, but it is hard core truth “Kauzhi Thinra Kallanar Kooda Niru Ullavurar.”

          • 0
            0

            OC
            Thanks.
            But there are a few with whom I would rather not practice my skills.
            *
            In fairness to EE, despite all manner of failings, he does not resort to personal abuse.

            • 0
              0

              Does he swear to ridicule others’ comments? Does he recommends medication to others when his manners failing?
              Did he challenged with diaspora and made Dr. Thiyagalingam lose his VC application. Does he write to CT try to jack CT fire his enemies from commenting?
              If not, then sure Eagle is more mannered commentator than you, isn’t he?

        • 5
          0

          I grew up singing the National anthem in Tamil and studied in Tamil all my life from grade 1 to Grade 12 in Jaffna. Our police services were in Tamil so did all other admin. Also my family studied in Peradeniya and Colombo Uni and served the Kandy/Vavuniya education Ministries very well too.

          Had the greatest of education/cultural up brining even in the mist of FP/TULF thuggery….born 1963.

          We had great curriculums/school facilities/committed teachers/teachers training colleges/hospitals and all other services except for the FP/TULF thuggery…we stood up..the front line of defence ever existed…barriers were broken…the results we have just lived through for the past 50 years…..some died and others ended up as toilet washers around the world.

          Hence we lost the “strategic location” that others found it useful for their ventures but had no value for us……then again the others benefitted knew how to rule the neighbours then…now they are let loose in the name of Independence (apparently fought over from the British) for all that came our way…arming our children to destroy our Nation and Culture.

          UN need to audit the Suthenthiran (Freedom) news paper to get the ball rolling on crimes in Jaffna.

  • 8
    22

    Sinhalayo have to go through this hell because they helped asylum seekers.

    • 7
      2

      EE,

      LOL!!

      Who told you to!

      There is a peaceful and equitable way out. You don’t look at it because you want the entire island. Not practical. GIVE UP the north and east for Tamils and Muslims only. Let them build their nation in Tamil/Muslim Elam only.

      Then you can have a Sinhala Only nation in the rest of the island. Imagine a nation of Sinhalese only. A Buddhist theocracy. A less crowded Colombo City of Sinhala Only. You only see Sinhala name boards. Upcountry will be green again with enough forests and lush river catchment areas. OMG! I’m excited for you.

      If only you gave up greed and gave Tamils and Muslims their equitable share!

      Give Elam to get Elam!

      • 4
        5

        GATAM,
        Knowing the behavior of Tamils and Muslims Sinhalayo do not think problem can be solved with your proposal because if Sinhalayo give one foot to Tamils or Muslims they try to take one yard.
        It is Demalu and Muslims who are greedy, not Sinhalayo. Instead of living in harmony with Native Sinhalayo these people who took refuge in Sinhale try to grab land belong to Sinhalayo to create separate States.

    • 7
      2

      EE pariah@
      So called SINHALAYO, my foot !
      Fortunately, SM and I would not belong to that catergory, have let the nation being misled by them. We are lucky to have noticed it at the very begining.
      The country’s future is today hanging by a thread as nothing could help them come out of the pit fallen it. Sanctions or any other restrictions are in imminent danger. The man who made fools the very same gallery ” කැමොරගහමින් දැන් සැපද ?. ” is caught by resuscitation procedures . As for me it looks like that you guys are very similar to those blue flies being found on road side dog shit (නිලමැස්සො … ජරාවෙන් නොමිදෙන )

    • 6
      2

      Ignorant Eagle, by asylum seekers you must be referring to asylum seeker in chief Vijaya and his henchmen, who were banished from Kalinga on a boat and washed off the shores of this island! Now tell us all who these Sinhalayo are, will you?

      • 4
        6

        Ari.
        Sinhalayo are the people who lived in Sinhale (now Sri Lanka) when European colonial rulers brought Demalu (Tamils after 1911) from Hindusthan to work in their tobacco plantations in Yapanaya and tea plantations in Central part of the country. If you need more details I will be happy to provide.
        —-
        “Now tell us all who these Sinhalayo are, will you?”

        • 1
          3

          Oh yeah, without spouting tales produce documentary evidence that purports this whole island was referred to as Sinhale! Whilst you are at it, will you also find us the evidence for European colonisers bringing labourers for tobacco plantations in Yarlpanam!

        • 1
          0

          Eagle,
          “If you need more details I will be happy to provide.”
          Please do. And while you are about it, you could explain why Robert Knox found Tamils occupying Anuradhapura. Liar!!!

  • 9
    14

    India cannot save SL economy. Indian is a very poor country (behind SL) in GDP per capita! The Indian economy is shrinking and the gap between India and China in economic terms is expanding. So no way India!

    USA cannot save SL either because USA is in a debt trap of its own. Although 42% of exports go to USA and EU, these are just small value addition to imports from China (like garments). When you take the net exports of things SL export to the US and the EU (export – imported material) it is very small.

    That leaves only China. Only China can save SL.

    • 14
      7

      GATAM,
      Your, ‘Only China can save SL’, is the dumbest statement you have made on CT, thus far.
      Give me good reason why China would want to save us.

      • 6
        2

        Nuthan,

        No. Yours is the dumbest statement. Read what I wrote. It explains by a process of elimination.

        No guarantee China WILL help SL. Only China CAN help SL.

        Hope you CAN understand in the second reading!!

      • 8
        0

        ‘Give me good reason why China would want to save us.’
        .
        In exchange for influence, ports, airfields, projects in the North near their enemy, it’s obvious

        • 5
          2

          S
          China has not requested military bases in even the friendliest of country. It knows from the negative experience of several powers that there is little to gain by stationing troops abroad.
          *
          China likes influence to ensure that this country will not be abused by interested parties to hurt China. That is best achieved by preserving Sri Lanka’s neutrality, which is much cheaper in cash and lives than having bases here.
          Its economic footprint will get stronger if the country is subject to external pressure, especially by the US and partners.

    • 7
      3

      Only China can save SL??? at the cost of …???
      Unfortunately, most people are not aware of what precisely China is attempting to achieve in Sri Lanka, and the potential long-term consequences.

      • 4
        2

        LC
        “Unfortunately, most people are not aware of what precisely China is attempting to achieve in Sri Lanka”
        True.
        That is why the ill informed (especially Tamil nationalists and the hard-core right) are busy creating scare stories.
        *
        I will be worth one’s effort to seriously study China’s foreign relations since 1949.

        • 1
          0

          Please be serious, one does not have to study the foreign policy of China to comprehend their expansionist agenda, just look at how they invaded Tibet! Even their most recent backtracking on their bilateral agreement with the UK on Hong Kong, speaks volumes of the foreign policy!
          Their only policy is to steal from other nations be it land, natural resources, patents and trademarks, scientific and technological knowhow etc.

          To cap their foreign policy, they gifted the world the pandemic, lied about the existence and the scale of the Corona virus, proceeded to wipe all traces of the Wuhan market to thwart any investigations, caused the death of the whistle blower doctors, delayed entry to the WHO investigators then curtailed their activities by having minders present at all times, the list is endless!

          • 2
            2

            A
            One who has made up his mind cannot study anything, especially what defies his blinkered view of the world.
            *
            BTW
            I wonder, who stole the lands, livelihood and lives of indigenous people wholesale on three continents and robbed blind two others?
            Sorry, it seems to have escaped my mind that Brittannia still rules the waves of some minds.

            • 2
              1

              “I wonder, who stole the lands, livelihood and lives of indigenous people?”
              Wow!
              Amazing Smartness!!
              Billion Dollar Question!!!!!!!!!!
              So you certify China to steal Lankawe’s lands because Britain had stolen some parts of Ceylon two centuries ago. It is not anything new, but same with “America is doing Genocide in ME, so Lankawe has full entitlement to do genocide the Tamils in Lankawe. This is the wide thinking philosophy of yours & your anti-Tamil paramilitaries. That is ok with us too, but can you ask China to leave UN SC, in the first place? Because I hear when Britain was capturing and ruling countries two centuries ago, it was not allowed to be a permanent member of Security Council.
              (If these brain paralyzed self-boosting hypocrites were teaching in educational institutions, could those kid qualify worth even to carry Dobhy’s cloths?)

    • 5
      0

      Gatam,

      “Only China can save SL.”

      That is true to some extent, as Sri Lanka will have to form political/economic alliances in the future. India is the most corrupt country in the world. Casteism is also very strong. India will never reach the same level of development as China. Atheist-Confucian China is a much better partner for atheist-Buddhist Sri Lanka. Confucianism and Buddhism work together very well, as both are liberal and come with no caste baggage. The US economy is a joke; the rise of the stock market there is based on revenue generated by a few tech companies. If Sri Lanka wants to grow and develop quickly, it needs to follow the path of China, particular in regards to manufacturing. That includes forming strong alliances with China.

      • 0
        0

        Lester, China may be a source of quick money for SL where Buddhism is the source of caste baggage with Amarapura and Siam nikaya. But joining China’s massive trained army on silk and belt to Iran and Meggido will spell disaster at Armageddon if SL army joins in. Justice and righteousness is the hall mark of maturity as we stop chasing mammon.

      • 1
        3

        Lester,
        “Confucianism and Buddhism work together very well, as both are liberal and come with no caste baggage”
        Is your wife’s name Ramona?
        Could you explain why there are 3 caste-based Buddhist sects ? Also why caste is specified in marriage ads?
        The truth is that Sinhala Buddhism is based on hypocrisy , and only serves its indolent clergy.
        Confucianism encourages hard work and honesty.

        • 0
          1

          Old Codger,

          There is no caste in Buddhism. There are some titles referring to people’s occupations in the past, e.g. Govi, Salagama, etc. This is class, not caste. There is nothing called “Sinhala Buddhism.” There is only Theravada Buddhism, as practiced in Sri Lanka, Laos, Thailand, Cambodia, Burma, and Vietnam. Buddhism is by nature peaceful. However, Dravidians and then Europeans have been attacking the island for millennia. The native people were forced to defend themselves. The island would be divided, had Sri Lanka given in to the demands of India, Norway, etc.

          • 0
            0

            Lester,
            Would you explain why the Mahanayakas of the Malwatta chapter are ALWAYS Govigamas? Would you explain the reason for the existence of the other nikayas? Is it that the Malwatta chapter is reserved for farmers ? I am really interested in your take on the matter.

      • 3
        0

        Lester

        ” India is the most corrupt country in the world. “

        The pot calling the kettle black
        We do not see any difference between both.

        “India will never reach the same level of development as China. “

        Are you a graduate of SJ’s Mao University of Red Book?
        In any case why should Hindia satisfy a little islanders’ demand?

        “The US economy is a joke”

        US Economy is not a joke.
        It is in difficulty.
        Is it humorous?

        “If Sri Lanka wants to grow and develop quickly, it needs to follow the path of China, “
        China is another corrupt country ruled by a gang of dictators.
        Sri Lanka needs to learn and implement Meritocracy, Honesty, and Pragmatism, not theocracy, autocracy, kleptocracy, netocracy, stratocracy, ………

    • 0
      0

      Your argument that disregarding 42 % of export, in other words depending on 58% of exports, sori sinhala can survive. May be, for a while and not for even short term.

      Economy of Sri Lanka
      Statistics
      Exports $13.39 billion (2020)
      Export goods textiles and apparel, tea and spices, electronics, IT services, rubber manufactures, fish, precious stones
      Main export partners EU 36.73% USA 22.15% India 12.37% China 2.78% Canada 2.31% (2018)
      Imports $8.519 billion (2020)

      Sori Sinhala expects free lunch and US, EU, China or Hindia are not stupid.

      Hindia alone might not be possible.

      However, US, EU and China alone are theoretically possible. However, other factors such as geo politics etc. are involved.

      You need to study economics (disregarding all other factors).

  • 12
    19

    “I am aware that the Tamil and Muslim parties in the Island and the Tamil diaspora are burning the midnight oil in an effort to include strong accountability requirements in the resolution.”
    —-
    Accountability for what?
    • Massacring innocent Sinhala civilians for three decades using suicide bombers, claymore bombs, multi-barrel guns and chemical weapons.
    • Carrying out terrorist attacks targeting churches and hotels killing worshippers and foreign nationals using suicide bombers.

  • 1
    3

    Why not add UK after Brexit to make the four to five India, China, America and the EU – India and UK.

    Non alignment is the best policy.

    The West may outsource India to look after their interests in Sri Lanka, then it will make four or five to just two- India and China,-the Hambantota Port, the Eastern Terminal , the Trinco oil tanks and the Jaffna islands could be shuffled again and again and distributed among the two and the game continues…

    • 5
      0

      Non alignment is the worst policy. Remember it was a non aligned country that sponsored terrorism in SL?

      (Even if SL has a non aligned policy that does not mean other countries will respect it. No. Why should they! You are either with us or with them is their policy regardless of SL policy.)

  • 3
    1

    “Four Countries Will Decide Lanka’s Economic Future”
    While Four Brothers are comfortably seated on Sri Lankan Gravy Train and raking it in for generations.

  • 6
    5

    Four Countries Will Decide Lanka’s Economic Future

    Yes you may be right but only one Country is willing to bail SL out but at a price which wont be accetable to India. SL is already a Chinese Colony and if allowed to borough more China will set up Miitary base in SL and then what. No doubt arraival of Indian Army from Katchaithivu. No Country will engage witha CRIMINAL and will not give a penny to THUGS ( MR )& THIEVES ( BASIL)

    • 1
      2

      K
      You write interesting thriller fiction, but you lack style for the stuff to sell.

  • 1
    1

    Dera Prof

    Thank you. This is a good follow up from your last article.

    Based on the graph you produced showing SL currency devaluation since 1970’s the same Nations ++ have played the “good cop and bad cop” (soft destruction to hard destruction >> physical training & foreign boots on the ground and arming of our children by India/she has gone unchecked to date by the world/UN) means they were all in it from the beginning.

    It is a pity to watch how our folks respond to the “drama” being played out by the same (5 security permanent member Nations + G20++)…shows we are an immature Nation in Geo Politics.

    That is why there comes a “point of no return” may be for some part of our Nation as one will consolidate the current position at least to save some part of our Nation.

    Other Asian Nation such as the ones in ASEAN have outsmarted many games to get to where they are where they are also beneficiary of the same destruction of our nation too hence we are looking at our “strategic location” could’ve been a force for good as well as “all other” scenarios too….now we are reaping the benefit of our FP/TULF treachery/treason who choose the later…now the Muslim parties also hell bend on similar thoughts too.

    • 1
      1

      The estate Tamils are integrating well and being integrated well by the GOSL joint work with the Indian government means India has no further conflict to solve. Local politics in India overspilling at times because Tamil Nadu will be going through the same issues in the near future created and managed by the geo politicians (started with the Mrs Clintons visit to Amma) to keep a check on the Indian check mate with China…..just a revolving door..what goes around come around.

      Can Jaffna children learn Sinhala as good as the Indians in the hill country to find work in the South?? It will be hilarious to watch FP MP’s can make a statement on the economy in Jaffna creating jobs for someone to perform with Tamil knowledge??

  • 6
    6

    For seventy-three years Sri Lankan rulers have been ruling with the advice of Sinhalese Buddhist bhikkus:

    These bhikkus make a living by begging and reciting some slogams.
    They don’t do anything productive but poison the minds of Sinhalese with Buddhist fundamentalism.

    Is it any wonder the whole country is begging now on the foot steps of these bhikkus?

    • 6
      4

      T
      “For seventy-three years Sri Lankan rulers have been ruling with the advice of Sinhalese Buddhist bhikkus”
      Really?
      Not the IMF?

      • 3
        0

        SJ

        “Not the IMF?”

        Why would IMF advise Sri Lanka if this island is not indebted to it?
        Had the Sinahal/Buddhists …………………. the country would not have been subjected to outside control.
        Blame the home grown Sinhala/Buddhist leadership and the saffron brigade ….

  • 3
    6

    Prof Kumar’s basic assumption is correct. The draft is so light because Core Countries seems to be still negotiating for a consented Resolution. But that will only end up in, instead of UNHRC keeping Lankawe engaged, Lankawe keeping engaged IC until it fully colonize North East and complete its Tamils Genocide project. It is a “Genocide under the Impunity of UN”. That is in fact similar to Lankawe captured North East with the consent of Britain, in 1948.

  • 4
    4

    Not just Sri Lanka, but most of the world is on the brink of financial collapse, thanks to central bank money printing combined with a credit cycle that has fueled irreversible deficit spending (look at the US national debt). The real question is, do you want to be on the side of China (yuan) or USA (dollar) when the asset bubbles pop? Remember, US “strength” comes from the reserve currency status of the USD. China’s strength comes from its manufacturing base. Can the dollar withstand pressure from global initiatives toward green energy and speculation in so-called alternative currencies, aka bitcoin? It remains to be seen.
    The Tamil diaspora and to a lesser extent political corruption are responsible for Sri Lanka’s current economic predicament. LTTE was financed externally, not internally. Lee Kuan Yew once said Sri Lanka is the next Singapore. That was before the civil war. Now with the war over, it should continue on that path. The overall goal should be self-sufficiency, combined with a growing manufacturing base. For example, Sri Lanka could be a major player in the manufacture of solar panels.

    • 2
      2

      We get your drift, but the most salient amongst all is the resolution of the ethnic problem once and for all to set the stage for an economic turnaround! Through the ‘full’ implementation of the 13th amendment that can be achieved and that in turn would give confidence to the Tamil diaspora spur them into channelling their funds to help build the country’s economic prospects! For this to happen Sinhalese politicians should be upfront with the Sinhalese masses and tell them truth and have the courage and vision to convince them and show them the way ahead. As long as this issue remains unresolved and allowed to fester further by the pseudo nationalist Sinhalese politicians for their parochial political advantage, there would be no hope at all for the country with or without China!

      • 1
        4

        Ari,
        You want the Government to implement 13th Amendment fully so that ‘BLACK’ money earned from human trafficking, drug business, arms smuggling and credit card scams can be converted to ‘WHITE’ money.

        The Government of Sri Lanka with the help from its Armed Forces solved the ethnic problem for good in May 2019. Now there is a small problem for Malabar Vellala Tamil politicians who are disappointed due to failure to achieve their dreamland ‘Eelam’ which is the main objective of Vaddukkodei Resolution.
        That problem can be solved by striping their civic rights and confiscating their movable and immovable property for violating the constitution by promoting separatism.

        • 0
          0

          Dear EE

          That was done by the Indian army a long time ago in Jaffna on the invitation of FP/TULF…sorry you can not have the pleasure.

          “That problem can be solved by striping their civic rights and confiscating their movable and immovable property for violating the constitution by promoting separatism”.

Leave A Comment

Comments should not exceed 200 words. Embedding external links and writing in capital letters are discouraged. Commenting is automatically disabled after 7 days and approval may take up to 24 hours. Please read our Comments Policy for further details. Your email address will not be published.