- About bilaterals.org
- Feb-2016: New ISDS platform launched
- Sep-2004: Launch announcement
- Feb-2015: Relaunch of bilaterals.org
- Mar-2013: Relaunch of bilaterals.org
- Jun-2009: Relaunch of bilaterals.org
- Dec-2008: An update from bilaterals.org and logo design contest announcement
- Dec-2006: bilaterals.org in Spanish & French
- Sep-2006: Update from bilaterals.org
- How to participate
- Key issues
- Texts of agreements
No CEPA with Pakistan before India
The Island Business | 10 October 2009
Regional politics could lead to damper...
No CEPA with Pakistan before India
Sri Lanka is very likely not pursue a comprehensive economic partnership agreement (CEPA) with Pakistan because a similar agreement with India was put in cold storage last year as Sri Lanka decided not to sign the agreement with India amidst mounting domestic pressure.
"The government is not pursuing a CEPA with Pakistan because the one that was negotiated with India was never concluded," a senior official told the Island Financial Review on condition of anonymity.
As at 2007, Sri Lankan exports to India was ten times as much as exports to Pakistan.
"We would not want to antagonise India just to please Pakistan on this issue," an analyst said.
Minister of Export Development and International Trade, Prof G. L. Peiris was not available for comment in the light of the election campaign in the South while Gomi Senadhira, Director of Commerce, Department of Commerce, was also not available for comment.
Meanwhile, a well informed trade economist told the Island Financial Review that Sri Lanka would not want to antagonise India by signing a CEPA with Pakistan before concluding the CEPA with India which has long being negotiated and haggled-over.
Sri Lanka was supposed to sign the CEPA with India on the sidelines of the 15th SAARC Leaders’ Summit in Colombo in July 2008 but heavy domestic pressure from business fearing they would be overrun prevented President Mahinda Rajapaksa from committing his signature to the document.
But economists highlight the need for Sri Lanka to take advantage of being close to India as India and China are believed to be the two countries that would actually steer the world away from its recession and be growth engines and economic power houses of the post-crisis global economy.
According to Data from the Statistics Division of the Department of Commerce, in 2007, total imports from India amounted to US$ 2.78 billion. Exports amounted to US$ 516.4 million. The trade deficit was US$ 2.26 billion.
Total imports from Pakistan during 2007 amounted to US$ 179 million, exports US$ 55 million and the trade deficit was US$ 123.9 million.
The difficult Indo-Pak relationship has made the regional grouping SAARC, at best, a mere showpiece.
Economic and trade related goals aimed at uplifting living standards of South Asia’s people could never take off the ground because the two biggest countries in the region cannot agree on many of the ‘really’ important SAARC initiatives.
Political issues have precedence over economic issues that can really make a change in people’s lives.
At the Inaugural South Asian Economic Summit in Colombo last year, many economists and technocrats singled out the Indo-Pak relationship as the main spoiler to what SAARC could actually achieve.
News from the movements
18-Feb-2017 Le DauphinéAlors que le CETA vient d’être ratifié par le Parlement européen, Grenoble organise samedi, après Barcelone, les 2e Rencontres paneuropéennes des villes contre TAFTA - CETA – TISA,
17-Feb-2017 bilaterals.orgEl Coordinador de la Coalición nacional senegalesa “No a los AAE” nos habla de dos proyectos de libre comercio en relación con África: los Acuerdos de asociación económica y la Zona continental de libre comercio
16-Feb-2017 Une Seule Planète
Mouvement citoyens et pouvoirs locaux : quelle alliance pour construire les alternatives aux accords de libre-échange ?La logique des accords de libre-échange est celle d’une croissance infinie des richesses, d’une nature inépuisable d’une capacité exponentielle de l’Humanité à mobiliser le génie scientifique nécessaire pour minimiser les externalités sociales ou environnementales.
15-Feb-2017 RTThe European Parliament has approved a landmark free trade deal between the EU and Canada. Hundreds gathered in Strasbourg, France to protest the Comprehensive Economic and Trade Agreement (CETA).
13-Feb-2017 We Move EuropeEste es un momento crucial para bloquear el CETA. Los eurodiputados tienen una última oportunidad de pararlo el miércoles… ¡pero la votación será reñida! Dile a los eurodiputados que no queremos peligrosos tratados en nuestras vidas.
11-Feb-2017 bilaterals.orgThe Coordinator of the National Coalition "No to EPAs" in Senegal discusses two free trade projects in Africa: Economic Partnership Agreements and the Continental Free Trade Area.
10-Feb-2017 Mediapart (blog)Des centaines de citoyen.ne.s venus de toute l’Europe se retrouveront à Strasbourg pour deux jours de mobilisation durant lesquels ils rappelleront qu’un autre commerce, au service des peuples et de la planète, est possible !
8-Feb-2017 No al TTIP
Cómo incidir sobre los Miembros del Parlamento Europeo (MPE) u cómo decirles que no queremos el CETA!El próximo 15 de febrero se vota en el pleno del Parlamento Europeo el Acuerdo de Comercio entre Canadá y Europa: CETA. El voto lo van a realizar todos/as los/as eurodiputados/as.
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.