Sri Lanka needs CEPA more than India: Outgoing Indian HC
* Negative perceptions about FTA must be buried deep, apprehensions about CEPA baseless, says KanthaMay 22, 2013, 12:00 pm
Outgoing Indian High Commissioner Ashok K. Kantha says Sri Lanka needed to enter into a comprehensive economic partnership agreement (CEPA) between the two countries, more so than India did, because economic growth prospects are linked with that of Asia and the ASEAN grouping.
"The rest of the world does not wait for us. India has signed Comprehensive Economic Partnership Agreements (CEPAs) with many other countries. I myself was involved in launching CEPA talks with Japan, Korea and Malaysia and all three came to fruition. Therefore I feel little uncomfortable that there are so many completely baseless apprehensions about a more comprehensive framework in forming business relations with other countries. Sri Lanka perhaps needs that framework (CEPA) more than India does," Kantha said recently at a function in Colombo to unveil a handbook on the ISFTA.Read More...
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Last Updated May 22 2013 | 10:58 pm