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Sri Lanka to sign CEPA with India

[TamilNet, Thursday, 17 June 2010 18:50 No Comment]

The Government of Sri Lanka Thursday announced that it would sign the controversial Comprehensive Economic Partnership Agreement (CEPA) with India with some amendments. Media Minister Keheliya Rambukwella in the capacity of Cabinet spokesman said so at a media briefing held Thursday. He added the signing of the CEPA was late due to protests from some quarters.

Minister Rambukwella pointed out that the CEPA was focused on the bilateral talks between Sri Lanka President Mahinda Rajapaksa and Indian Prime Minister Manmohan Singh. But President Rajapaksa had conveyed the protests from certain quarters to the Indian Prime Minister and that he has agreed to make some amendments.

Minister Rambukwella said that there would be more benefits that can be reaped than the disadvantages from the CEPA agreement.

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