21 November, 2019

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Why Sri Lankans Fear India On The Proposed ECTA?

By Sarath Wijesinghe

Sarath Wijesinghe

Sarath Wijesinghe

Ruler is only a Trustee of a Nation and there is every reason to be cautious in dealing with the rest of the world on behalf of the country in trust- especially when the previous experiences have shown adverse results for not being cautious. Sri Lankan Kings did business with the rest of the world when the visitors voyaged this beautiful Island in the Indian Ocean via “SEDA MAWATHA” the famous traditional naval route, from Mediterranean, Persia, China, East Asia, India and the west on the emergence of the naval power. Kings allowed Muslims to erect mosques, Christians to build Churches, but the biggest mistake committed by them was to permit Portuguese, Dutch to have a permanent trade opportunity which has led British to conquer Sri Lanka who bluntly violated the 1815 Convention entered into with the Sri Lankan chieftains surrendered the Independent Sri Lanka to British to be a British Colony. Had they been cautious we would remain a unique and independent Nation which is a lesson for the future.

International Organizations 

International Agreements are binding, subject to decisions of the World Court, Arbitrations, Regional Organizations and more importantly the agreements of the international community based on the reputation in the absence of a World Executive Body. Reality is the survival of the fittest who is powerful in the world community on the implementation. It is sad but true to state that Sri Lanka has been failures and at the receiving end in terms of entering into and implementing international agreements since flowed 1815 Convention which is still in force unimplemented, hurriedly signed, 2002 ceasefire Agreement when we had the opportunity for a less harmful document with the impact of 9/11, also hurriedly signed Indu Sri Lanka accord of 1987 that forced Sri Lanka for Provincial Councils which are white elephants today, clamping on us on a regional foreign policy and series of agreements since Independence with WTO, UN and connected institution including IMF, countries and international institutions on various fields. Successive governments and rulers have arbitrarily and hap-hazedly entered into arbitrary and incomplete agreements of no quality, except “Sirima- Srisathi” Pact on stateless citizens of Indian origin that was amicably settled on equal terms due to the excellent relations Sri Lanka had with India due to excellent foreign policy and foreign relations then which are classic examples to the modern Trustees. Madam Sirima Bandaraneike maintained excellent relationships with Prime Minister Indra Gandi that led to many agreements on equal terms benefiting both countries. Mrs Bandaranaike – the first world women Prime Minister had a battery of excellent and dedicated foreign officers at the foreign Ministry then. These memorable events are merely pleasant memories for us and materials for historians. Today tables have turned and one wonders whether we in fact have a foreign policy, and who manages when three main leaders on Foreign Policy among the Trustees are giving different versions and views on the same subject on CEPA, ICTA and Foreign Policy. They do not speak with one word. Their public speeches are part of International Law in terms of the implementation of foreign policy.

Preparation of agreements should be given time, space, and vetting by groups of competent/committed intellectuals whilst conceding that we have few competent experienced and knowledgeable lawyers/professionals/ government servants in the State, Ministry, and in private practice. We have educated and competent Sri Lankans round the Globe prepared/awaiting offering assistance and the Foreign Ministry will have to take the initiative to mobilize them for their Nation. There should be constitutional provisions for the preparation and implementation of International Instruments to study and approve before entering into agreements. It is time to revive and restructure the existing International Instruments not up to the standard. Drafters of the new constitution will consider introducing a system of grating approval by a committee or a body of international lawyers and government servants.

Why Sri Lankans Fear India On The Proposed ECTA?

ECTA is to be introduced in place of CEPA which is a failed, inactive, and unsuccessful International Agreement with India entered into during Chandrika/Ranil regime 2003. Free Trade Agreement that was signed with India in 1998 operating for 15 years in favour of India where India exported USD4023 million worth goods to Sri Lanka when Sri Lanka exported only 625 USD million worth goods India. Fortunately, no service sector is involved though now large number and sectors of Indian Labour is illegally employed in Colombo and superbs with a grave future threat. Government says ECTA is only a framework agreement for further negotiations. What we have left to negotiate and what we can offer is minimal and limited considering the ground situation. Why do we need the framework when BOI is functioning well is a matter one cannot understand? Once we sign the framework we are bound to be pressurized by India to mussel and implement the rest. We cannot export tea as there is a ban on tea to India. Coconut and Rubber is in short supply and any way Sri Lanka has a better market in Europe. We import red chilly in bulk from india without encouraging our own products learning from small but giant agriculturalists in the dry Middle East. We were exporting “Karunka” imported from Indonesia and “Vnaspathi” made out of Palm oil imported from Malaysia using the trade facility which is now banned. India is self-sufficient in garments and employment facilities in India is nil with their unemployment and underemployment exceeding twice the Sri Lankan population when 3 million applications receiving for 335 vacancies for office clerical jobs. Then what have we got to export to India rather than importing cars, buses, lorries, machinery, Medical drugs /equipment, and various items in bulk with the money generated by our earnings in the middle East. India is struggling with only 50% toilet facilities to citizens with low income low salaries and per capita income far below Sri Lanka. We have bitter memories of keeping a blind eye on using the Indian soil and the facilities given to world known separatist movement during our difficult era when the Giant Neighbour stepped in in full force to entered into the 1987 Indo – Lanka Accord with provisions for regional security favouring India in the international arena through the instrument. Therefore, there are reasons for Sri Lanka and Sri Lankans to be cautious. We expect foreigners to invest on products send export to India and other countries. What facilities we offer and are we prepared politically and streamlining the ground situation are questions to be answered with the time frame. Best is to harp on what we know and what we have historically experienced – AGRICULTURE.

Raping The Sri Lankan Sea 

Illegal, fishing, poaching, bottom trawling, and raping the seabed is rampant and uncontrolled. Indian Prime Ministers and Foreign Ministers visiting Sri Lanka either evades the issue or our Trustees are not taking this matter serious due to reasons we cannot understand. Indi Sri Lanka Joint Commission (best opportunity) have not taken this issue which is important to Sri Lanka and not so to India as they are the beneficiaries of this ongoing international dispute. Iceland took the Superpower – UK and NATO to the International Court on illegal fishing in the common sea which is now under control. But it is doubtful whether Sri Lanka is willing or competence, considering the dead silence on “PARIPPUE” issue when India forcibly dropped food items from the air threatening Sri Lanka to negotiate. Foreign Minister of Sri Lankans has stated not to be “paranoid” on illegal fishing, pooching and raping the seabed when our fish is destroyed by armies of trawlers forcefully entering Sri Lankan territory for fishing.

Way Forward

Education agritcultire and Technology

It is true that we should not live in isolation and keep pace with the modern trends and fast developments in the world. But is advisable to think before you leap and be cautious based on previous bad and bitter experiences on entering into international agreements. Sri Lankans were no good traders historically cheated by many from time to time, but are world renewed agriculturists with a great history on irrigation systems unpatrolled. India seeks assistance from Israel on Agritcultire and Technology. We too have excellent relations with Israel – a world leader on agritcultire with 15 Nobel prizes and using agriculture based technology based on 95% technology. India produces Bombay Onions, Potato, and number of agritcultire products at the lowest price to compete with Sri Lankan products even after paying heavy taxes. India has no fully fledged Education system but a mixture of English technology and information technology. Therefore, ideally we must have closer cooperation with Indi’s on agritcultire based items, technology and education which will help both countries equally, with Israel as a partner.

Protectionism and Economic Nationalism

There are continuous attacks of Sri Lankans being paranoid, on protectionism and Economic Nationalism which is practised even in the United Kingdom, Europe India and many parts of the world in protecting their industries business and citizens. “Manchi” Biscuits and many other Sri Lankan enterprises attempted to set up industries in India and given up due to protectionism. India has banned tea and many other items and industries in their huge market and the economy is open to the world gradually/steadily and with grave/great caution. European Union has restrictions on investments by outsiders and United Kingdom too has severe restrictions on outside investors though international agreements that are in favour are in force. Therefore, we have all the reasons to be economically protected in dealing with the rest of the world including the immediate neighbour with many unresolved issues and unfair to call traitors who are genuinely voicing on genuine fears of future dangers which are irreparable and disastrous.

There is no hurry at all and do not give into pressure – Do not loose temper- be steady and yet Friendly-Do not pressurize the intelligent citizens, media and the national minded Business Community.

Please do not be in a hurry. Let us first settle the immediate issues on FTA, CEPA, SAFTA and the issue of Illegal fishing and poaching. We have all the time in the world left as we are doing much better than the ambitious giant neighbour struggling to maintain regional supremacy. We are still a welfare nation giving free education and health care to all with lowest mortality rates and less unemployment. We are grateful to the great neighbour for sharing great religions, culture and friendship from time immemorial and let us support them to be a regional and a world power and help each other while maintaining our identity safety and integrity as a senior member in the world family. Be cautious and listen to the people concerned and media who are far above us in decision making. Attitude of the Trustees to bulldozing the proposed agreement in dispute will have a short and long irreparable impact will be disastrous and dangerous. This is not the theory of “KING LICHCHIVE”

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Latest comments

  • 20
    15

    It’s time to build an economy,that is self sufficient in food and essential services.Ranil once sold the petrol stations to Indians.now he want to lease entire Sri Lanka to Indians.it’s shame that we don’t have a leader with backbone to lead us towards prosperity with pride and sovereignty.Tamil diaspora and western allies paid politicians will not do anything good to the public,but they are stooges.

    • 16
      1

      Singapore is a small country. Yet they win and get most benefits from trade agreements. SL needs to adapt a winning strategy or remain the same.
      Sl Cricket teams were loosing most games in 1960s, 1970s, 1980s. But in 1990s and 2000s they adapted to compete and win.

      It’s not the country who learn how to do business. It is the business community who will learn and will adapt and win.

      • 11
        3

        @Rupathy

        “It’s not the country who learn how to do business. It is the business community who will learn and will adapt and win.”

        You will be correct if there is a level playing field. However, this agreement tilts everything in favour of India. Look at the stupid agreements that the US has signed in the past. Today, all their tech jobs have been shunted off to India. Almost all their manufacturing is in China. They have lost jobs and their economy is in a bad way

        The next stupid agreement to be signed is the TPP. Yet another bad agreement for countries (though again, very good for China and private business, where they can now even take countries to court!)

        This is a Bad Idea!

        • 7
          5

          1.2 million Sri Lankens were working in Middle East and most of them send money home. Now the middle east is laying off people because of low oil prices.

          So what is the alternative for Sri Lanka. Do you have an answer?

          Even if you have a Lanken product to sell, how will you sell without an agreement. You would want the market to open up. They also want the same access.

          Only solution is compete and win. Just like Singapore you have to compete and win. Waiting for level playing field is like wishing Disneyland to come to Sri Lanka.

          • 7
            5

            @Rupathy

            So your argument is to sign ANY agreement, even though it will prove detrimental to Sri Lanka ??

            Would you push a similar agreement if it proves to be detrimental to India ?

            I am not against agreements per se but I AM against one-sided trade agreements where one country holds all the cards against the other.

            All the Indians are now in the US going to Disneyland because the US was dumb enough to sign a similar agreement .. and have now lost most of their tech jobs to India.

            • 2
              1

              You are totally Mistaken. USA and India did not sign a trade agreement. Nor did they sign an agreement with China.

              For you to say that they lost jobs because of trade agreement is totally false. Because there is no such agreement between these 3 countries.

              • 2
                1

                @Rupathy

                I am unsure where you get your information from. It’s not even from Wikipedia I think..

                China has “Most Favoured Nation” status vis-a-vis the US – made permanent about 13 years ago I think.

                While India has no overreaching SINGLE agreement with the US, for example, she has recently secured an agreement with the WTO/US where India’s stockpiles for food security from a legal challenge – Now THAT is what I mean by a “favourable” agreement.

                The H1B visa program is also a mechanism that favours India (while it is admittedly an internal US mechanism)

                Can you understand the SHEER ABSURDITY of a country’s FOOD being open to a legal challenge ???

                In Sri-Lanka / India case, I have no doubt that these agreements (like all such) have all kinds of seemingly innocuous clauses inserted into them which, if not analysed carefully by EXPERT trade negotiators and legal folk, WILL come back to bite us in the future and we will have NO RECOURSE.

                That is the reason for my objections.

                However, since you were unaware even of the US-China MFN, I am no longer sure that you are commenting from a position of any knowledge but rather, idealism so this will be my last response to you

            • 6
              1

              maalumiris

              As a little islander you will oppose the agreement anyway on the basis of bigotry, racism, ignorance, complacency, resistance to change, refusal to learn and adapt, ……. and not making decisions on informed choices.

              This is what the country did I am sure it will remain as the sick economy of South Asia. Its not about not protecting jobs for the boys finding ways and means of creating more jobs, good jobs, descent jobs, skilled jobs, …..

              • 2
                1

                @”Native” Vedda

                True, I am a “little islander”

                You on the other hand, abdicated that status when you left the “little island” where you now claim “Native”-ness so I think you are in a good position to indulge in your smugness (peculiar to people in your country I think) and pontificate to us from the comfort of your “Western” armchair.

                Thank you

                As for “sick economy”, I think we can lay that squarely at the feet of your Yahapalanaya Boys. So don’t bother playing that song to me, It just doesn’t wash anymore.

                Who’s talking protectionism here ? Surely we can sign trade agreements without selling the shop, ?? No one has seen this agreement. Why ? Why is it not being publicised, discussed, dissected and analysed by economists and lawyers ?

                The same was true of the TPP. And now, China is demanding that Canada installs pipelines across the country and TransCanada Pipelines is suing the US Government. Pretty soon, your own country will feel the heat of these ill-thought, short-term-profit oriented agreements

                It is this kind ludicrousness that Trade Agreements end up fostering. if you don’t see anything fundamentally wrong here, there’s little hope for you

              • 0
                3

                Native Veddah

                Your patronizing ways suggest you have an inferiority complex. Are you a petrol station attendant in England or a bus driver in Australia or a school teacher in USA now trying to talk big?

          • 4
            1

            @Rupathy,
            That’s why everyone says that whatever the agreement is with whoever, the agreement should be negotiated to in favour of us (Sri Lanka) not to the other party.

            If ambulance services are to be started, and jobs to be given to Indians and IT companies to us Indian IT graduates, whats’ there for us? Is this why we go rid of Mahinda?

            Nonsense!!!
            We wanted a better life,
            free country and
            A prosperous economy !!

            Whoever sabotage that, Mahinda or Ranil or Anura etc., they should be stopped at any cost !!!!!!!!!!!

            /Huna

        • 5
          1

          maalumiris

          “You will be correct if there is a level playing field.”

          Have you given it a serious thought? You have had 68 years to take this country where it should be. Didn’t you have enough time to create a level playing field? What were the Mudhalalis and politicians doing in the mean time, profiting from a captive market, producing from low quality products and selling it at exorbitant prices?

          In this modern globalizing world International trade is the engine of growth. No trade, no growth, end up with smaller economy which could not create jobs, increase income, wealth, capital, prosperity, and cannot sustain education or health. Stuck in the vicious circle.

          ” However, this agreement tilts everything in favour of India.”

          There is no agreement yet. All that the government has is a piece of paper, outlining “eight points on economic and technical cooperation expressed in general terms”.

          If you are privy to the document please share it with us.

          “Today, all their tech jobs have been shunted off to India.”

          The world economy is changing, changing rapidly, hence the large economies are having to structurally adjust according to needs, circumstances, ….. The western consumers demand quality products at competitive prices. China produces products that the consumers want to buy. USA and rest of the world demand quality technical services at competitive prices. India provides the services that west needs. We could discuss the American economy some other time, of which you haven’t got a clue.

          Sri Lanka does not produce anything that world want to buy. Therefore this island has to come out of its cloud cuckoo land mentality and see how the modern economy works and what is needed to be part of it.

          As an individual by design or default you may be enjoying a high standard of living, but most cannot afford a decent meal. Don’t deny them the opportunity they deserve.

          • 1
            0

            Talking without knowing basic facts

      • 2
        0

        The simple truth that since 1998(free trade agreement with India)almost we’ve lost all small industries.(example toffee,sweet industries).we are paying heavy price for substandard goods.(before 1998 our roads were filled with Japanese vehicles).our mothers earned hard currencies are diverted to India,through bad agreements.I am not personally nationalist,but we need fair agreements.not cunning traps.

        • 5
          0

          Muhandiram

          “our mothers earned hard currencies are diverted to India,through bad agreements.”

          Have you had a chance to read and understand the agreement in its entirety? If you have please let us have a copy.

          So you don’t mind your mothers wasting their life time in middle east medieval kingdoms while you are idling away in Japanese cars.

          If you do not find Maruti attractive, why bother buying it at a cheaper price and mourning/moaning about it? Does the Indian state force you to buy Indian product?

          Finally you are the consumer you decide what you want to buy out of your mothers’ earned hard currencies .

          Just boycott Indian products, including parrippu, Bombay onion, drugs, saree, Hindi movies, ……

          Stop whinging.

    • 5
      0

      Brits left us with one of the best economies in ASIA
      Our fellows are only good at destroying, especially the Sinhalese
      In 1972 and before they grabbed Sri Lankan owned enterprises
      In 1975 extended the grabbing to British owned institutions
      The new govt in 77 did not reverse the trend
      Burned Tamil shops in 83, grabbed and renamed Catholic schools in 62
      1990’s they sold the run-down tea estates to Indians
      Today the Sinhalese complain that Kandy for instance is closed for Friday prayer and no Sinhalaya has money to buy the expensive urban property
      Who is to be blamed

      Will they ever empower the local entrepreneur, give them the choice of education in English (global), the SLFP destroys the locals and the UNP empowers the Indians. The problem is in the leadership and cultural ethos.

  • 5
    4

    The author is entirely correct.

    Why this unholy haste for this ECTA?
    Indians wll not allow lankan firms to commence projects in India.

    The GMOA is wary of indian postgraduate doctors coming here to “train” on our citizens to complete requirment for “specialist status” – as is happening at Lanka Hospitals Ltd.

    There are thousands of doctors unemployed in India.

    http://www.dnaindia.com/bangalore/report-a-medicine-needed-for-this-ailment-more-mbbs-docs-but-not-enough-mds-1867513

  • 1
    1

    Is BR the biggest Oxymoron in Yahapalana Government?..

    In his kick ass speech the other day, BR said he wants his loyal followers to get out of their South Asian mind set.and become South East Asian nation and think as Confucious..

    Now he says no b****** can stop him allowing Hindian Doctors, Academics to Port Workers and perhaps even Strreet Workers free access to our markets and our homeland.

    How Coool..

    We will be the first among the East Asians to talk like Haryan Singhs and Madras Pillais by the time BR’s Yahapalanaya expires…

    • 6
      0

      Sumane, you are the oxymoron. How come you never comment about Jarapassa? A bit odd, given you have something negative to say about everyone else. Are you paid to write? Related to Jarapassa? Looking after his financial interests in Australia? The only thing we can be certain off is, you are not a bona fide commenter.

  • 2
    1

    Many writers on CT are right eye blind or left eye blind.

    Old King took back the land Murali sold to Dole. He was facing UN electric chair. Now this gentle man wants Modi to do what Rajive did to Junius?

    When India was giving free battle ships, free arms, the gentle man was not scared; but there is a fear developing when India wants to give free trade?

    Kanangara took on West and gave the Indian coolies’ rubber to get free rice for Sinhala lazy farmers. This brought down the entire tea market at London. Now he wants to sell tea to India? Can China buy garments?

    Lankawe’s entire income is coming from West and middle East. Lanakwe allowed the Chinese Fishermen to scoop up the sea and they lost the EU market for fish. Why this gentleman’s left eye is blind?

    You can wait to sign any agreements with India. But that is not possible with China if the Lankawe defense department wants to use its computers. What a disastrous failure Nooraicholai is!

    If you don’t want to implement UNHRC revolution and/or want any help from India to defy the UNHRC resolution, sign ECTA. Period! You can not have the cake and eat it too.

    • 1
      2

      Yo bloody idiot Mallaiyuran. What nonsense are you typing?
      You can not have the cake and eat it too? Go eat your ownshit.

  • 1
    0

    Mr Wijesinghe

    I fully agree with the great danger to our motherland by signing the above agreement in an indecent haste without even giving an opportunity to sri Lankan professionals and other stake holders express their views and make amendnents as necessary minimise adverse impacts on our economy and then if positives far outweigh negatives ,then government may with the consent of stake holders may sign this agreement.
    however, it is common sense that considering india’s behaviour towards Sri Lanka in the recent past, and considering the way they have/are treating the immediate neighbours, we should not sign the proposed agreement as dangers far outweigh the benifits to Sri Lanka.
    especially, compared to Sri Lankan labour, indian labour is much cheaper. secondly ,India is not far away like Canada, only few miles away, so indian labour will flood the market. so rather than solving unemployment problem it will further aggravate issue.
    furthermore, we are not signing the agreement as equal partners.for example what action India has taken to stop indian fishermen looting our resources, making life harder for poor sri lankans.
    so my firm view is india should be kept at arms length.
    very simply, why India is so keen and in a mighty hurry to sign the agreement,it is solve their problems at the expense of our people of our motherland irrespective of ethinicity or religion.
    Pala and Ranil boasting so much about winning west, Why can not they get similar agreements with Germany, Canada,USA, France,Australia,UK.

  • 0
    0

    As far as I know Sri Lanka never signed CEPA agreement with India. Core areas of CEPA were negotiated during the 2002 Ranil government. With the defeat of BJP government, the Congress led government was not that keen on CEPA at the beginning of their administration. Sarath Wijesinghe should not distort facts proving that little knowledge is more dangerous.If Sri Lanka had sign a CEPA with India it should have been under MR government and not definitely under Ranil.

    • 3
      0

      Sampath Perera

      Sarath Wijesinghe types:

      ” Reality is the survival of the fittest who is powerful in the world community on the implementation.”

      I remember reading that the mighty dinosaurs perished 65 million years ago while managed to rats survive over 150 million years one form or another.

      It seems Sarath doesn’t understand the concept of survival of the fittest which comes from adapting and changing to suit the surrounding environment in the evolving world and not from power, strength, nor might.

  • 1
    0

    The writer seems to live in a dream world to promote the interests of India. We are not blind to accept his warped theory of opening our economic and social boundaries to India. He has to look at what India has done by exporting bogusly qualified professionals to the middle eastern countries. Indian economy and the development is based on a corrupt education and social system and it produces millions of “so called graduates” from bogus as well as state funded academic institutions. Indian government is confronted immensely by these millions of lowly qualified/certified engineers. doctors, accountants and other graduates. India is looking for ways to DUMP these workforce on other gullible neighboring nations. Otherwise, India has to face this unpleasant situation, where almost 400 million Indians go to bed without food. This writer and others in the UNP political leadership believe India is a well developed country and its professional capabilities are superior to that of Sri Lankan professionals. We must resist the campaign lead by UNP leadership in the best interest of Sri Lanka and its work force. WE must protect our economic interests from the proposed plan of “DUMPING” low grade professionals, just like the USA has protected its steel industry from the low quality steel producers such as India.

    • 1
      0

      Rahul,

      “and it produces millions of “so called graduates” from bogus as well as state funded academic institutions. Indian government is confronted immensely by these millions of lowly qualified/certified engineers. doctors, accountants and other graduates.”

      I suppose these bogus graduates are the ones who sent an orbiter to Mars. What dream world are you living in?
      Have our so-called graduates produced even a three-wheeler?

      • 0
        0

        Don’t be stupid no one is denying India has a good science and tech field including some brilliant people. But as with any country there are lot’s of bogus “Degrees” as well. But unlike in other countries the problem in India is that there are millions upon millions of them. If you are qualified from a ranked university, then there is no need to come to Sri Lanka, you can find jobs in India. But the for others the Indian government want to dump them abroad since no one in India is going to hire them.

    • 0
      0

      Rahul has a point about the corrupt educational system in India and the flooding of the job market with them. Influence secures jobs.
      The better ones either go abroad or find top state jobs.
      India can send a man to Mars, but the pont is peasants are committing suicide.

      There has been Indian pressure all along and Mahinda R too has yielded.
      Sri Lanka has to learn from its earlier free trade agreement with India. The lessons are for all such agreements.

      We need our skilled labour here but they are mostly abroad. Where do we go from there?
      All governments after Mrs B’s have failed the country in this respect.

  • 1
    0

    The more appropriate comparison would be the effect of North American Free Trade Agreement (NAFTA) on US employment and industry.
    Both employment and industry went south Figuratively and literally.
    Good for big business bad for the people of the US.

    Fore unemployment is the US, the yardstick is U6 which is 10% at moment.
    Much higher for the younger generation.
    http://www.bls.gov/news.release/empsit.t15.htm

    Once you understand the unemployment measure take a look at the Birth and Death model which is used to adjust unemployment measures.
    You can pretty much get any unemployment number.
    http://www.calculatedriskblog.com/2011/05/employment-comment-on-birthdeath-model.html

  • 0
    0

    [Edited out] Please write instead of posting links – CT

  • 0
    0

    [Edited out] Please write instead of posting links – CT

  • 2
    0

    More on North American Free Trade Agreement (NAFTA).

    http://www.huffingtonpost.com/2011/05/12/nafta-job-loss-trade-deficit-epi_n_859983.html

    Signed in 1994, 17 years later, 682,900 U.S. jobs have been “lost or displaced” because of the agreement and the resulting trade deficit.

    In 1993, before the signing of NAFTA, the U.S. held a $1.6 billion trade surplus over Mexico. By 1997, the tides had turned, and Mexico laid claim to a much larger surplus of $16.6 billion. As of 2010, it’s not even close. Mexico’s trade surplus now hovers around $97.2 billion

    The take home is that the poorer country gains.
    In the case of ECTA, India is by far the poorer based on GDP/capita.

    Also population wise this is not an agreement between equals. The whole of Sri Lanka is smaller than a Indian city. If the US is getting Mexicanized what would happen to little Sri Lanka.

    Back to NAFTA. One may well ask why the US agreed to NAFTA, what did they gain. Big Business Multi nationals. They moved their manufacturing to Mexico and gained by cheap labor and taxes. It was really a transfer of wealth from the average Joe to the rich in the US.

  • 0
    0

    Dear Rahul

    Please re read the article carefully again. The writer is not promoting India. It gives a balance correct view to be cautious.

    Acedamic

  • 0
    0

    PM has sated that ECTA will be signed mid despite any opposition mid year in the form of a skeleton to be muzzled later when Indian fisherman raping and deep trawling our sea bed leaving us a dead sea in few years and the government is looking the other way despite Indian Ministers visiting Sri Lanka often. May be Sri Lankan Government is scared of some unknown reason. CEPA,SAFTA, 1987 Indo Sri Lanka accord has unfinished contentious issues.I think we are getting into deeper waters and it is time for everybody to inform the Government that this should be done with through study and not in a mighty hurry. According to GMOA president even the President has not seen or read the skeleton draft, to be completed later as they wish after entering into the main contract. We should give priority to the fishing issue. Indian pooching is taking place in an alarmingly repaid phase resisting our Navy and leaving our fisherman hungry and leaving us a dead sea in few years.

    Concerned Academic

  • 0
    0

    Please do not make this National issue a political issue. Once a right is given it can not be taken back. We are in danger on CEPA,SAFTA, and Indi Sri Lanka Accord. fortunately we got rid of the disastrous agreement in 2002 agreed into arbitrarily. Please do not do it again India is a world power economically and politically. We have short memories on 1987 “Parippue” issue and grooming separatists foe thirty long years. We like India and prepared to share religions and culture- but not prepared to be bullied or steam rolled.Show us credibility by settling the fishing issue which has potential to dry our sea to make a dead sea with no resources due to raping and perching.Have a National policy and wet the agreement through the parliament and a experienced body of interlaces in preparation of any agreement in future.Listen to others and show respect to others. practice what you have perched please.Sorry Sri Lankan Government has no backbone to resist diplomatically and legally.

    Concerned Acedamic

  • 1
    0

    Please do not make this Nation issue political. Once a right is given it is difficult to take back especially in international arena.We are in danger on CEPA, SAFTA and 1987 Accord and 13th amendment- India will not budge an inch on these matters and ironically the fishing issue.Our sea bed is raped and destroyed day and night possible leaving us a baron dead sea in few years. Government looks the other-way with dead silence most probably to pay back to ROW the wonderful job done on regime change. India can show us credibility by settling the dispute with us amicable when Sri Lankan Government is not seeking diplomatic or legal measures most probable due to fear. It is a pity and mi story that our PM is aggressively pushing it political and personally attaching everybody.

    IS IT NOT SAD?

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    Professionals (not involved in politics) should prepare a policy and a development plan to get Sri Lanka out of this 3rd world ditch. It shall be presented to the public and people of Sri Lanka should read and agree with the proposal.
    Whoever comes in to power shall abide by the policies formed and should play on the ground prepared by educated, experienced, strategical professionals from all sectors. If the politikkas can’t play they may withdraw. May the blessings of Noble Triple Gem be with Sri Lanka !

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    What’s the difference between the new agreement and CEPA?

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