The Government Medical Officers Association (GMOA), today requested President Maithripala Sirisena to postpone the signing of the Indo-Sri Lanka Trade Agreement until a national policy on trade agreements was worked out.
IN a letter to the president, the general secretary of the GMOA Dr Nalinda Herath said trade agreements should be drafted while maintaining the country’s identity and security.
“Resolving the shortcomings of an agreement will consume a massive amount of money. This was evident during the arbitration regarding the hedging agreement. The massive loss caused by hedging the agreement will have to be borne by generations to come.
Commenting on the existing Free Trade Agreement between India Dr Heath added,
“The existing Indo-Sri Lanka FTA has not benefited Sri Lanka. Those who drafted this agreement have failed to pay attention to the needs and responsibilities of Sri Lanka and the burden is now upon its citizens.
Sri Lanka to finalise India trade agreement by mid-2016 announces ministry (30 Dec 2015)
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