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EU warns crisis could deter investors

Ambassadors of the European Union, France, Germany, Italy, Netherlands, Romania, UK, Norway and Switzerland yesterday warned that Sri Lanka's political crisis risked damaging its international reputation and could deter investors. 

The country plunged into turmoil last month after the president sacked the prime minister and appointment the former president, Mahinda Rajapaksa in his place. 

"We consider it essential that Parliament be allowed to demonstrate its confidence by voting immediately when reconvened in order to resolve the serious uncertainties currently facing the country," the group of ambassadors said in a joint statement. 

"Any further delay could damage Sri Lanka’s international reputation and deter investors. Respect by all stakeholders for the  provisions of the constitution will be important to maintain the confidence of the Sri Lankan people in democratic governance and the rule of law."

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