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Cabraal: Govt. will deal with evolving scenario if EU decides to withdraw GSP Plus facility

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By Sanath Nanayakkare

Central Bank Governor Ajith Nivard Cabraal yesterday said that discussions were underway on how to cushion the impact on Sri Lanka’s export earnings in case the European Union (EU) withdrew the Generalized System Preferences Plus (GSP+) facility given to Sri Lanka.

“We have already considered some policy measures with all stakeholders to deal with such a scenario, and therefore we won’t be hesitant to deal with a potential reversal of the EU GSP Plus facility,” he told reporters at a news conference held at the Central Bank.

The Foreign Ministry said on 113 Oct. that Foreign Minister G L Peiris, briefing the Colombo-based diplomatic community, sought assistance for post-pandemic economic activity and ongoing domestic processes addressing past human rights violations.

Minister Peiris also emphasised the importance of the EU GSP+ trade concession worth over US $ 500 million.

The Foreign Minister said that the continuation of GSP plus was vital for the Sri Lankan economy, not only for its apparel sector but also for other areas of bilateral trade.

Speaking on the status of the economy, the Central Bank Governor said:

“At present, Sri Lanka is experiencing the consequences of price increases in the global commodity market including fuel, LP gas and food staples. This is a result of the rebounding global economic activity amid accelerated growth in those countries emerging out of the pandemic. However, we hope we can control inflation at mid- single digits and regain a notable growth rate in 2022 with the right policy measures in place.” he said.

Meanwhile, Minister Gamini Lokuge addressing the media on the cost of living said yesterday:”When prices increase in the global market and the dollar appreciates against the Sri Lanka rupee, the government is not in a position to provide essential goods at subsidised prices. For example, the Ceylon Petroleum Corporation (CPC) won’t be able to absorb the losses due to the sale of fuel to the public at subsidised rates anymore.”



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High-Level discussion on measures to curb illegal fishing, poaching, and drug trafficking activities under the guise of fishing

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A high-level meeting was held at the Parliament premises on 11 November to review strategies for curbing illegal fishing and poaching activities within Sri Lanka’s waters.

The meeting was co-chaired by the Minister of Fisheries, Aquatic and Ocean Resources  Ramalingam Chandrasekar, Minister of Justice and National Integration Harshana Nanayakkara, and the Deputy Minister of Defence Major General Aruna Jayasekara (Retd).

The discussion focused on preventive measures, law enforcement actions, and inter-agency cooperation to effectively counter these emerging challenges. Several key issues, including poaching by local and foreign fishing vessels in local waters, expediting court cases related to arrested fishing boats, the use of unauthorized radio frequencies, and non-fishing activities such as smuggling carried out under the guise of fishing were taken up for delibration at the meeting.

Particular attention was given to the practice of  local fishing vessels deliberately disabling their Vessel Monitoring System (VMS) to engage in unlawful fishing and illicit activities within prohibited areas.

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Rasika Peiris assumes duties as Commissioner General of Elections

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Rasika Peiris assumed duties as the Commissioner General of Elections

Rasika Peiris assumed duties as Commissioner General of Elections today (14)  with the post falling vacant on the retirement of Saman Sri Rathnayake .

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NJC flays SJB leader for his pledge to implement 13A fully

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The National Joint Committee (NJC) has condemned SJB and Opposition Leader Sajith Premadasa’s recent declaration in New Delhi that he would fully implement the 13th Amendment to the Constitution.

Lieutenant General Jagath Dias (Retd) and Dr. Anula Wijesundera Co-Presidents of the NJC issued the following statement: The NJC is “shocked, dismayed, disappointed and disgusted” over the recent statement made by the Hon Leader of the Opposition during a private visit to India where he has said that he endorses and would fully implement the controversial 13th Amendment – to the Sri Lanka Constitution when he is elected to power.

NJC views this undertaking with a sense of betrayal and lookdown of the nation and as highly uncalled for and unbecoming of a sitting Member of Parliament representing the main opposition party.

The NJC views the 13th Amendment as obsolete as not only had the Indo-Lanka agreement been signed under duress but also India failed to honour their part of the agreement (to disarm the LTTE). As a result, the conflict dragged on for three decades and the thousands of Sri Lankan security forces personnel sacrificed of their lives, a vast number of Civilian Live’s were also lost.

NJC considers that it is pertinent to clarify the awareness of Hon Opposition Leader Sajith Premadas on following key concerns with regards to the 13th Amendment:

The 13th Amendment was imposed under foreign duress in 1987 under threat of military intervention. 

Nationally critical amendment signed without the consent of the Sri Lankan people (absence of sovereign consent) 

Persistence of separatist ideology overseas pursued by the separatist lobby groups with the support of Western governments. 

That it is a threat to national unity and the unitary nature of the state (Article 2 of the constitution) If land, Police and administrative powers are devolved. 

NE province Chief Minister at that time made a unilateral declaration of independence UDI in 1990.

That it would make the state all the more difficult to ensure the duty of the state to protect and foster the Buddha Sasana (Article 9) if devolved or subjected to regional authority. 

Awareness on successive supreme court rulings that sovereignty is indivisible and compromising core powers of the state to peripheral units directly threatens constitutional supremacy of the Parliament and National Security.

When the constitutionality of the 13th Amendment was challenged in the supreme court 5 out of 9 judges on the bench held it will not affect the unitary character of the constitution because so much power is vested in the executive president. However subsequent amendments to the constitution diluted the power of the executive president. Therefore, the 13th Amendment cannot be implemented as it would adversely affect the constitution.

N J C in the meantime would also wish to clarify if what was stated by the Hon leader of the opposition in India is his personal opinion / SJB’s opinion or his collective party memberships opinion please.

N.J.C’ upholds and categorically re-affirms its learned position that, “The divisive, un-constitutional 13th Amendment must be comprehensively reviewed followed by a referendum for public approval”

N.J.C urge all political leaders to act in the best interest of the nation, conduct with responsibility, patriotism and love for the nation and its people without succumbing to any sort of external pressure and manipulation that threaten the sovereignty of our motherland when representing the country locally or over-seas.

N.J.C calls all patriotic citizens to observe well before pledging allegiance with political parties and politicians who undertake to protect the territorial integrity and sovereignty of Sri Lanka not be agents for foreign nations.”

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