Opinion

Omicron could hinder economic revival of SL

Published

5 years ago

2021/12/1

In the immediate term, all political parties in Parliament should bury their respective hatchets, and agree on a political truce for the next two years. They could take the next step and agree to form a national government, or a national governance council, for two years. The theme of such a government or entity, should be responsible governance as the most important political activity now is responsible governance.

By Raj Gonsalkorale

Sri Lanka’s dependency on export earnings, foreign remittances and tourist earnings for its survival has made it very seriously vulnerable to the effects of the latest COVID mutant, Omnicron. If it spreads and international travel restrictions become widespread, foreign remittances and tourism earnings will take a hit, and it could be a mortal hit for Sri Lanka which is already on the brink of bankruptcy.

The government appears to continue with its show of confidence that the economic situation of the country will be resolved. Increasingly, governance ineptness, infighting within the government, a seeming lack of leadership, is dashing the hopes of many people who bestowed their hopes on the President and the government. Government’s media strategists appear to be in a stupor as they have failed to pro-actively capitalise on the positive activities of the government. They have become a reactive, ineffective force.

The Opposition, like a set of Vultures, is sniffing a political opportunity thinking and hoping they will have a carcass to feed on soon. Some other politicians continue to wax their eloquence on everything that is wrong but never offering solutions as to how the wrongs can be made right. The TNA and some other North Eastern Tamil political parties act symbolically like the three Monkeys (the deaf, blind and mute) when it comes to national issues as they seem to be giving the impression they are interested only in the welfare of the Tamils in the North and East and not Tamils elsewhere, let alone the Sinhala and Muslim people.

The situation in the country reminds one of Sybil Wettasinghe’s children’s story “Labugediye Thoilaya”. Sri Lankan politicians of all hues appear to be inside the labu gediya, participating in a political ritual to ward off evil forces that have afflicted Mother Lanka, while the labu gediya has been swallowed by a large fish as described in Wettasinghe’s story.

In contemporary Sri Lanka, the labu gediya could be equivalent to the Parliament, and the fish, to the country’s foreign debt which could very likely and very soon, swallow the entire country along with the politicians and unfortunately, the people of the country as well. Some may say not so cynically that the Parliamentarians won’t be missed if so swallowed!

The naivety of the Opposition is only superseded by the reported reliance on personnel similar to devil dancers in the Labugediye Thoilaya by the powers that be, trying to ward off evil that have afflicted them and the country.

For the sake of the country, and the future generations, one can only hope that this collective tomfoolery ceases, and immediate remedial measures taken to keep the country afloat until the global economic situation shows positive signs of a sustainable recovery.

Dire need for a political truce

In the immediate term, all political parties in Parliament should bury their respective hatchets, and agree on a political truce for the next two years. They could take the next step and agree to form a national government, or a national governance council, for two years. The theme of such a government or entity should be responsible governance as the most important political activity now is responsible governance.

What should be the key tasks for a national political consensus when it comes to responsible governance? There are many. However, three key areas are mentioned here.

A stable economic
management structure

In the current and foreseeable future, it is unlikely that Sri Lanka will be able to earn enough foreign exchange to sustain itself, unless the entire foreign debt repayments are delayed at least for two years by mutual agreement with the lending entities. Considering that 45% of the foreign debt is in the form of international sovereign bonds falling due in the short term, this is going to be a hard task. However, mechanisms will have to be found to do this.

One avenue would be to seek IMF assistance to take over the short-term foreign debt component with a longer term, low interest long term repayment arrangement. This alone may not be sufficient and IMF assistance may also be needed to augment foreign exchange needs for import of petroleum, food items and medicines.

IMF conditions for such support will be stringent, but Sri Lanka is slowly but surely heading towards a disaster and may not have any other choice left to take but to agree to such measures.

This is where a political truce becomes critical. All governments of Sri Lanka have contributed to the perilous situation the country is in, and today, the Opposition cannot afford to blow their trumpets saying they can do better, considering they contributed hugely to the perilous state of the country with their ineptness for four and a half years, prior to the advent of the current government.

So, the problem is a creation of all previous governments, and therefore, the solution, too, has to be worked out by all political parties who have been a part of a previous government.

A political consensus achieved through a two-year truce should engage in some high-level priority policy settings on economic management, foreign policy, defence, food security, energy, environment and education. These key areas should not be treated like political footballs as they have been for the last 73 years endangering the hopes of future generations.

Measures to curb corruption

Secondly, there should be a consensus on measures to curb corruption, the bane of the country’s society and which has a direct impact on the much sought-after foreign investments. The instability of the Sri Lankan rupee with official rate for a US dollar being Rs 203 while the black-market converting it at around Rs 240, and the real value of the US dollar suspected to be more than Rs 300, show the volatility and the instability of the Sri Lankan rupee and why many would-be investors are not investing in Sri Lanka. Besides this, it is widely known that bribery adds another impost to any would-be investor, and the suspected range of this impost is reportedly anything from 10% to 50% of the value of a project.

Corruption has become endemic in the country and curbing it is in the hands of politicians as they are the ones responsible for introducing it and propagating it to the heights it has come to now. They need to enact new laws if what is there is not sufficient, but very importantly, they need to leave the justice system and the law enforcement system to carry out their tasks and responsibilities WITHOUT interference. A strong anti-corruption body with strong teeth, including judicial powers, is needed to instil some fear in potential bribe takers that they and their families could be called upon to pay for the crimes committed and languish in jail even for the rest of their lives depending on the severity of the crime. Everyone, from the President downwards, must be subject to anti-corruption laws and punishable irrespective of whether they are in office or not.

Legal framework for media operations

Thirdly, some measures should be taken through such a political consensus to determine how the politicians and the public should act to facilitate responsible governance via the media. A consensus on a legal framework for media operation including, very importantly, the social media is needed.

Social media, in particular, has become the repository and the facilitator of genuine news as well as fake news. Some information that is circulated via social media platforms is highly irresponsible and harmful to the very society in which such platforms provide the avenues to proliferate information.

While the intent should never be any curtailment of media freedom, responsible governance essentially has to be considered as a two-way process where those governing and those being governed should take equal responsibility about what they say and do. There may be many measures that could be taken to introduce a framework for all media operations without impinging on media freedom.

In this regard, Danushka Medawatte in an article titled Freedom of the Wild Ass (https://danumedawatte.wordpress.com/2015/09/26/freedom-of-the-wild-ass/)

states quote “Law is an ass” says Charles Dickens. This certainly seems to hold true in the light of the freedom that is enjoyed by media through the protections granted by both domestic legal systems and international law. While I am reaping the benefits of freedom of expression in making these claims, it needs to be highlighted that certain freedoms require to be curtailed and/or reviewed in order for the other rights to exist. At present, it is possible to note that some journalists exercise their freedom of expression in a manner harmful to the society. It is questionable whether such practices should be upheld in light of several recent circumstances. While freedom of expression is, without a doubt, one of the most important rights that perhaps functions as a premise for other rights, it is important to establish the framework within which one may swing one’s fist without striking another’s nose”

Medawatte encapsulates the view of all fair-minded citizens about democracy and media freedom.

Essentially, media freedom must be accompanied with responsibility as irresponsible circulation of unchecked, unverified, inaccurate and harmful information is not a characteristic of being responsible. Since politicians are tasked with the responsibility of reviewing and enacting laws, a political consensus becomes critical in ensuring that any media operation law including social media, has across the board support and does not become a political football to be kicked around by political parties.

Major social media platforms are under scrutiny throughout the world, and bona fides of some companies are in question as they have created an impression that revenue and revenue growth is what matters to them and not the means they provide to the good, the bad and the ugly, to propagate information and misinformation, with noble intentions as well as ignoble intentions. The proliferators of irresponsible information, using social media, need to consider whether they are doing a service or a disservice to the society and the country they live in.

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Opinion

Sri Lanka’s geopolitical positioning for future prosperity

Published

2 days ago

2026/09/25

Thilina Walpola

Kariyawasam

By Chula Goonasekera
For the LEADS Forum (admin@srilankaleads.com)

Sri Lanka’s future prosperity will depend on how effectively it positions itself within an increasingly complex global environment. At a recent LEADS Forum discussion (https://youtu.be/Bbr3e_qU1Fw), veteran diplomat Prasad Kariyawasam, former Secretary to the Ministry of Foreign Affairs, High Commissioner to India, Ambassador to the United States, Ambassador /Permanent Representative to the UN in New York and Geneva —outlined the strategic choices Sri Lanka must make to secure long term stability and economic advancement. Kariyawasam offered a rare blend of historical perspective, diplomatic experience and practical guidance.

His central message was clear: Sri Lanka must exercise strategic agency—engaging all major partners while safeguarding its national interests.

Foreign Policy as an Extension of National Aspirations

Foreign policy, Kariyawasam emphasised, is inseparable from domestic priorities. As your text notes, “foreign relations often reflect the medium- and long-term aspirations of a country’s people and its leadership.” Governments must therefore craft external relations that reflect the public’s economic and social expectations, avoiding short-term political impulses that undermine long-term national interests.

For a small nation, foreign policy cannot be symbolic or personality driven. It must be purposeful, pragmatic and directed towards the security and prosperity of the people.

A History of Global Connectivity

Sri Lanka’s history demonstrates that the island has never been isolated. From ancient ties with India and Southeast Asia to Arab, Persian and Chinese maritime networks, the island prospered when connected to the wider world. We must realise that “geography creates opportunity, but geography alone does not create prosperity.” Institutions, infrastructure and policy determine whether geographic advantage becomes economic success.

Colombo’s emergence as a cosmopolitan trading hub and Galle’s role as a resupply station for Indian Ocean shipping in colonial times , illustrate how deeply Sri Lanka has been embedded in global commerce for centuries.

Lessons from Asia’s High Performers

Kariyawasam highlighted the experiences of Japan, South Korea, Taiwan, Singapore and Vietnam. Their paths differ, but their success rests on common foundations:

• investment in human capital and infrastructure

• merit based institutions

• integration into global markets

• attraction of investment and technology

• export oriented industries

• strategic engagements with both China and Western economies

The lesson for Sri Lanka is not imitation but continuous adaptation and constructive integration with the global economy.

India: Sri Lanka’s Closest Major Partner

India’s transformation into a global economic power presents Sri Lanka with both opportunity and responsibility. India is already Sri Lanka’s largest source of tourists and a major investor. Kariyawasam states, “The larger question is how effectively Sri Lanka can participate in and benefit from India’s growth.”

A partnership should encompass modern, more open pathways for trade, investment, logistics, energy, technology, digital services, education and professional mobility—And asymmetry between the two economies must be handled with maturity and foresight, seeking special and differential treatment .

China and Other Global Partners

China remains a significant economic partner. Sri Lanka must avoid viewing this relationship through a zero sum lens. The goal should be productive and transparent engagement, ensuring better terms of trade and meaningful technology transfer.

Equally Important relations must be nurtured with the United States, European Union, United Kingdom, Japan, Australia, ASEAN and the Gulf.

All these relationships can be vibrant partnerships that does not lead towards , dependency but mutually beneficial pragmatic arrangements .

A Fragmenting International System

Global geopolitics is becoming more volatile. Trade tensions, wars, sanctions, supply chain disruptions, climate change and technological competition increasingly shape national security. We must realise, “foreign policy cannot be separated from economic policy.”

Sri Lanka’s recent economic crisis demonstrated the importance of international confidence, access to finance and resilient supply chains. Energy security, food security, cybersecurity and digital infrastructure are now core elements of national strategy.

Strategic Agency: The Guiding Principle

Sri Lanka must avoid becoming an arena for great power competition. Strategic agency means making decisions based on national interest, expanding Sri Lanka’s choices, not restricting them.

India is essential. China is important. The United States, Europe, Japan, Australia, ASEAN and the Gulf are important. The objective is a web of partnerships that strengthens resilience and autonomy.

Sri Lanka’s Strategic Assets

1. Location: Sri Lanka’s geography is a long standing advantage. Ports such as Colombo, Hambantota, Trincomalee and Galle can become specialised hubs—if connected to logistics, manufacturing, services and exports.

2. Digital Connectivity: Submarine cables, data centres, cloud services and cybersecurity are now as important as physical geography. Sri Lanka can turn its location into both a maritime and digital advantage.

3. Tourism and Natural Heritage: The focus should shift from tourist numbers to value creation—wellness, heritage, ecotourism, cruise tourism, education and MICE tourism.

4. Human Resources and Demographics: High literacy is no longer enough. Skills in technology, engineering, AI, logistics and advanced manufacturing are essential, especially with an ageing population.

5. Migrant Workforce: Migrant workers are a strategic asset, not merely a source of remittances. Bilateral labour agreements, skills recognition and diaspora engagement should be central to foreign policy.

Requirements for Sustained Prosperity

Sri Lanka’s future depends on:

• peace and security

• access to international markets

• productive investment

• a skilled, productive workforce

• modernised agriculture

• higher value tourism

• demographic preparedness

• climate resilience

• strong, predictable institutions

Please note that “foreign policy can open doors. Domestic institutions determine whether we can walk through them.”

The Role of the State

Sri Lanka does not need a larger state—only a more capable one. Policy continuity, professional institutions, predictable regulation and reduced corruption are essential. Geography does not change; long-term national interests do not change. Intentional relationships built over decades should not be reinvented with each election cycle.

Building Trust Internationally

Trust is a strategic asset. Sri Lanka must be known as a country that honours commitments and maintains predictable policies. This is vital not only for diplomacy but also for investment and long term partnerships.

Avoiding Zero Sum Geopolitics

Sri Lanka does not need to choose between India and China, or between Asia and the West. The task is to identify what each relationship can contribute to national development while protecting sovereignty and freedom of decision making.

Sri Lanka’s geography is an inheritance, but prosperity is not guaranteed. The world is changing rapidly—great-power competition, technological disruption, and climate vulnerability demand a foreign policy that is pragmatic, adaptive, and anchored in national interest.

Sri Lanka must build partnerships without dependencies, maintain strategic agency without isolation, and integrate with the global economy while strengthening domestic capacity.

“We cannot change where Sri Lanka is. We can, however, determine what Sri Lanka becomes because of where it is”

Opinion

A tariff deal with the US? Make haste slowly

Published

3 days ago

2026/09/24

Sahan Weerasooriya

by Gomi Senadhira

Sri Lanka’s former ambassador to the United States Mahinda Samarasinghe is back in Sri Lanka lobbying for speedier finalisation of a new tariff deal with the United States. According to news reports, delivering the keynote address at the Sri Lanka Institute of Directors’ Annual Meeting last week, he stated, “I have recommended very strongly to the government that we need to conclude the agreement so that we can lock in the very favourable tariff rate that Sri Lanka has got up to now“.

I do not understand why the former ambassador is urging the government to expedite the finalisation of a new tariff deal or what is “the very favourable tariff rate” he refers to in his speech. However, given the ongoing terrible tariff turbulence in the United States and the fragile economic situation in Sri Lanka, I believe, this is not the right time to rush into finalising any trade agreement with the United States. I am also of the opinion that at this juncture Sri Lanka should maintain strategic patience and explore all available options.

Lessons from the countries that rushed for trade deals

To better comprehend this, let’s look at experiences of the countries that rushed to conclude tariff deals with the United States after President Donald Trump declared his “reciprocal tariffs” under the International Emergency Economic Powers Act (IEEPA) in April 2025. As Samarasinghe stated in his keynote, “The bottom line on all these negotiations was that every country that finally agreed to sign the agreement had to give either complete duty-free access for American exports into those markets, or near complete duty-free access.” In exchange for these tariff concessions and other market access commitments these countries managed to get the newly introduced country specific “reciprocal tariffs” reduced.

However, in February 2026, the Supreme Court of the United States (SCOTUS) struck down these “reciprocal tariffs” under the IEEPA. With that, the market access gains these countries received in exchange for complete duty-free access for American exports into their markets evaporated under U.S. domestic law. By moving too fast to conclude bilateral tariff agreements with the United States these countries are now bound to strict obligations whereas the benefits they bargained from the U.S. administration are not worth the paper those were written on.

Sri Lanka’s experience

In April 2025, President Trump declared his “reciprocal tariffs” and labelled Sri Lanka as the worst offender, imposing one of the highest additional duties at 44%. Since then, Ambassador Samarasinghe and other negotiators have managed to negotiate this down to 20%. I do not know what the deal was through which Sri Lanka managed to reduce the 44% tariff to 20% or what we gave in return for this “concession.” However, what we received in return has absolutely no value after the decision by the SCOTUS.

Current state of US tariffs

After the decision by SCOTUS, the U.S. administration introduced a temporary 10% additional tariff on all countries for 150 days. At the end of that period, this 10% tariff was replaced by a new “forced labor tariff ” of 10% to 12.5% on all trading partners under Section 301 of U.S. trade law. Twenty-five U.S. states and several small businesses have already filed lawsuits against these tariffs in U.S. courts. This new “forced labour tariff ” on Sri Lanka was first fixed at 12.5%. Later, after President Anura Kumara Dissanayake issued a gazette notice prohibiting the importation of goods produced using forced labour, it was reduced to 10%. That means Sri Lanka has already made a substantial commitment to receive this “tariff concession,” and I presume our negotiators understand the implications of this commitment.

Make haste slowly

After President Trump imposed 44% “reciprocal tariffs” on Sri Lanka, through an article published in The Island on 25th April 2026 (), I urged the government to engage immediately with the US administration on these tariffs. However, I also emphasised that the best way to move forward was to make haste slowly.

Two millennia ago, Augustus Caesar, the first emperor of Rome, frequently used the phrase, “make haste slowly”, because he detested rashness and haste in his military commanders. It was the recurring guiding maxim that he emphasised throughout his 40-year imperial rule. After 2000 years, this classical oxymoron remains a definitive golden rule for professional trade negotiators. More importantly it is the exact blueprint required when navigating turbulence in trade negotiations with the Trump administration.

The endgame – The most dangerous moment in trade negotiation

Samarasinghe has also stated the agreement is 90% complete. Any experienced trade negotiator should know that the final 10% contains high-stakes provisions and is the most dangerous moment in a trade negotiation. A single misplaced comma or ambiguous product description in a tariff schedule can cost millions through unintended loopholes. Rushing this last stretch to secure a deal can permanently expose Sri Lanka to sudden shifts in American trade policy, heavy compliance costs, or strict enforcement under Section 301 regarding supply-chain labour standards. Hence, this is the time for strategic patience.

(The writer can be reached at senadhiragomi@gmail.com)

Opinion

Buddhist law and constitutional amendments

Published

3 days ago

2026/09/24

Sahan Weerasooriya

Upon reading the article titled “Prof. Pieris says Buddha Dhamma recognized as source of law under Constitution” (Island, September 12, 2026), the classical Sinhala idiom “Yanne Koheda? Malle Pol” immediately comes to mind. The expression, translating literally to answering “I have coconuts in my bag” when asked “Where are you going?”, underscores a complete disconnect in logic. Because it is uncertain whether the article accurately represents the professor’s precise words, the following critique addresses the contents of the report rather than the speaker himself.

The central premise of the report concerns a statement delivered by the Chief Justice regarding a petition filed against the 22nd Amendment to the Constitution. According to the report, the Chief Justice’s observation that the determination would be made strictly on the basis of established law rather than Buddhist teachings was characterised as a “cavalier dismissal” of the Buddha Dhamma. This assertion carries a host of unexamined assumptions. Had the writer specified precisely which tenets of the Buddha Dhamma were violated, a direct legal or philosophical evaluation could take place. However, no specific Buddhist tenet or law was identified as having been transgressed, and for good reason: no such statutory legal framework exists within the Buddha’s teachings.

To understand the flaw in this argument, one must examine the constitutional context alongside the canonical meaning of the terms involved. Article 9 of the 1978 Constitution of Sri Lanka mandates that the Republic shall give Buddhism the foremost place and that it shall be the duty of the State to protect and foster the Buddha Sasana, while guaranteeing the fundamental rights of all religions under Articles 10 and 14(1)(e).

While “Buddhism” and “Buddha Dhamma” are frequently used as interchangeable terms in casual dialogue, they represent distinct concepts. “Buddhism” is an umbrella term coined by 19th-century Western scholars to classify the global institutionalised religion, incorporating its diverse sects, cultural traditions, rituals, and socio-political histories. Conversely, Sasana is the ancient term designating the structural framework established by the Buddha to preserve and transmit his teachings, comprising the monastic order (Sangha) and its supporting institutions.

In classical Theravada commentarial literature, the Sasana operates as a functional three-tiered structure. It encompasses Pariyatti Sasana, the preservation and study of sacred texts; Paṭipatti Sasana, the practical execution of the doctrine through ethical conduct and meditation; and Paṭivedha Sasana, the direct experiential realization of ultimate truth, or enlightenment. This structural breakdown raises fundamental questions about state capacity. While a state can readily support Pariyatti Sasana through academic institutions, textual preservation, and educational funding, it cannot legislate or enforce Paṭipatti or Paṭivedha. Practical engagement and spiritual realisation are inherently internal, first-person experiences. Expecting the state to codify or guarantee enlightenment is a conceptual impossibility.

Furthermore, the Buddha Dhamma refers specifically to the unconditioned truths of existence and the teachings imparted to realize them, including the Four Noble Truths, the Eightfold Path, and Dependent Origination. As the late Venerable Professor Kotagama Wachissara Thera observed, there is no rigid ideologue or “ism” in the core Dhamma. The teachings do not constitute a system of divine commandments or a legal statute enforced through reward and punishment. Rather, Buddhist ethics function as self-directed guidelines for psychological clarity and moral inquiry. Even the Vinaya Pitaka, which contains explicit rules of conduct, functions as an internal monastic code rather than a civil or criminal law intended for the laity.

Throughout the Pali Canon, guidance regarding governance focuses on the moral character of leadership and the social duties of statecraft rather than rigid legal codification. In discourses such as the Cakkavatti Sihanada Sutta (DN 26), the Buddha observes that social instability and crime cannot be eliminated solely through punitive measures, emphasising instead that states must provide economic opportunities, fair wages, and resource distribution to maintain societal balance. Crucially, in the Maha Parinibbana Sutta (DN 16), the Buddha explicitly highlights the importance of respecting established laws and traditions rather than enacting arbitrary regulations.

The natural laws articulated in the Dhamma, such as the law of cause and effect or the three characteristics of existence, govern all phenomena universally, regardless of legal statutes or personal belief. They are not human laws to be applied or suspended by a court of law. Therefore, characterizing the Chief Justice’s adherence to constitutional jurisprudence over religious doctrine as a “cavalier dismissal” lacks logical and textual foundation. Framing the judiciary’s adherence to legal precedent as an attack on the Dhamma distracts from fundamental constitutional principles and risks misguiding the public for political ends.

Geewananda
Gunawardana,
Ph.D.