Sri Lanka’s Joint Opposition has spoken out against the potential signing of trade agreements with India, claiming it is an attempt to “foreignise” the island’s economy.
In the wake of Britain deciding to leave the European Union Sri Lanka’s Deputy Foreign Minister Harsha de Silva said his government was hoping to finalise trade deals with India, in order to mitigate any losses.
“We hope to fast track the Economic and Technical Cooperation Agreement (ETCA) with India and free trade agreement with China. We are also hoping to sign similar trade deals with Japan and South Korea,” Mr de Silva said.
The Joint Opposition though has been staunch in its criticism, stating that the deal would only benefit India.
In the wake of Britain deciding to leave the European Union Sri Lanka’s Deputy Foreign Minister Harsha de Silva said his government was hoping to finalise trade deals with India, in order to mitigate any losses.
“We hope to fast track the Economic and Technical Cooperation Agreement (ETCA) with India and free trade agreement with China. We are also hoping to sign similar trade deals with Japan and South Korea,” Mr de Silva said.
The Joint Opposition though has been staunch in its criticism, stating that the deal would only benefit India.