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Sri Lanka needs 6 months to fix issues before signing ETCA: Professionals

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Mar 30, 2016 (LBO) – Sri Lanka should work towards a national trade policy within which ETCA should be framed with all required regulatory framework and national interests in place, Sri Lanka’s Engineers Association said.
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Engineer Nanda Gunawardena speaking at a recent seminar asked the government to delay the signing of ETCA until a proper national policy on trade is formulated.
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“Sri Lankan politicians are keen to sign bilateral agreements, but the country lacks a national policy on trade,” Gunawardena said. “We as professionals are asking six months to put this right and it’s a reasonable time before signing the framework agreement.
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” Replying to the concern, Indian High Commission’s First Secretary of Economic and Commercial, Kartik Pande said India is ready to consider if a formal request comes from the Sri Lankan side. “We need to make sure that this actually being negotiated in a correct position and we have always maintained that we are ready to work with a pace that Sri Lanka is comfortable with.
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” Pande said. Gunawardena stated that representatives from professional associations have been having couple of positive discussions with International Trade Minister Malik Samarawickrama.
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“For the first time, the Minister officially shared the ETCA framework agreement with us and he requested us to give comments.
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We are in agreement even to the extent of doing some of the legal enactments,” Gunawardena said. “But what we are asking more time and we’ll work together.
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Once after we do these enactments then you go ahead and sign the agreement.
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” He stressed politicians are always enthusiastic to sign bilateral agreements without looking at the necessary legal infrastructure to support its smooth functioning. “Otherwise we have a concern. For an example, the engineering council act is not been passed for the past 15 years.
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