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Stalling CEPA a sensible move
It would have almost happened. President Rajapaksa and Indian Prime Minister Manmohan Singh were slated to sign the Comprehensive Economic Partnership Agreement (CEPA) between the two countries sometime during the SAARC summit at the beginning of next month. Fortunately wiser counsel prevailed, if one might employ a rather weathered phrase.
Sri Lanka develops cold feet on trade pact with India
An India-Sri Lanka trade and investment agreement billed as a landmark is being delayed, ostensibly because the island nation’s President, Mahinda Rajapaksa, an avowed Sinhala nationalist, doesn’t want to be seen as authoring such a close partnership with New Delhi, diplomats who spoke on condition of anonymity said.
Local businesses unhappy with CEPA
A group of eminent Sri Lankan businesses went public this week objecting to the signing of the Indo-Lanka Comprehensive Economic Partnership Agreement (CEPA). The local businesses are questioning the need for a CEPA agreement and are objecting to the lack of transparency in the process.