Features
The tusker from 5th lane
by Maheen Senanayake
‘St. Peter denied Jesus no less than three times before he went on to start the Catholic church –’JOHN 18:25-27 Luke 22:58-62, The Holy Bible
It is no secret that it is fairly lonely at the top. Leadership comes with sacrifice and burden. And this be the case even in the animal world. I saw the national list as too demeaning an avenue to return to the legislature for someone of Ranil Wickremasinghe’s reputation and stature. I had met too many people who are today angry bystanders only wishing that he did something to ‘wake up the sleeping elephant’. This and this alone prompted me to come out of retirement to do a piece on the one man whose enigmatic political presence I felt deserved no less than to use a pun – a ‘soldier’s death’… though I must admit the man himself is unlikely to appreciate an end to a career spanning in excess of three generations.
Through the intercession of my editor, I had a meeting with the former four-time prime minister within 48 hours of the request. While I appreciated the speed with which with this happened, I was sorry there was so little time for preparation. I pored over election results of the previous decades, a host of annual reports from the central bank, reports from the ADB, IMF and other pieces written on the gentleman by local and foreign scribes for want of an approach. It was in the early morning hours that I decided on a different strategy.
I decided to ask three people who would not mind being named in print to raise one question each. Thereafter I planned to fill in the blanks and come about with a structure for the interview.
We arrived at Siri Kotha (coined as I had come to understand from the caretaker on location from Sir John Kotelawela’s with Sir becoming Siri followed by Kotha for Ketelawela) three minutes past the appointed hour a few days ago, with more security in attendance than green men we were personally ushered into the leader;s room at his party headquarters and affably greeted.
Some excerpts of an over hour-long discussion:
Do you mind making a few comments on the current political scenario and where the UNP as a one MP party stands?
The current political scenario is that we are in a big transition. At the last presidential elections, a large number of people, specially among the Sinhalese, Voted for Mr. Gotabaya Rajapaksa expecting a change, thinking that he will be different. Promises made included inquiry into the Easter Sunday bombings etc. Public confidence is therefore broken and (this) has not been captured by any of the other parties either.
Though the Samagi Jana Balavegaya (SJB) as a party received the largest number of non-SLPP votes i.e. 2.7 million at the parliamentary elections, this was much less than the 5.56 million votes Sajith Preamadasa polled at the presidential election, (explainable by the minority votes that Premadasa polled at the presidential election going to minority parties who ran at the parliamentary election – Maheen Senanayake) People who were against the former government had come together.
Sajith Premadasa polled 5,564,239 amounting to 41.99% of the votes at the presidential Election 2019.
At the Parliament Election 2020 the SJB polled 2,77 million votes accounting for 23% of the total polled votes. In Colombo where I believe Mr. Premadasa contested the SJB polled 0.39 million or 32.79% of the total Colombo votes.
People have demonstrated that they have no faith in political parties whether in government or opposition. So we have all got to start from the beginning. There has to be a new political party, new thinking in political parties, about political parties, about elected representatives, about the economy and policy. That is where we stand.
In this context it matters very little whether you are a one MP or 25 MP party. If the people don’t accept you, you are not political ‘tender’ any more. This however, doesn’t affect the UNP. Naturally this means a lesser presence in parliament. People don’t always look at parliament anymore. The other disadvantage is that the media doesn’t give you publicity unless you are a sitting MP.
Meanwhile, traditional media is losing readership/viewership which is shifting to social media. In this transition, whether you are one or 40 doesn’t make a difference. One has to look at the future, and its an open field for anyone in parliament or outside. It can also be a movement outside parliament that can win the confidence of the people. Today people expect more than just ‘negative slogans’.
Long time ago Dr. Colvin R de Silva told me that all of us make the mistake of looking for successors among incumbents. He said ‘look at the political history of this country. In 1960, March, nobody knew who Felix Dias was, except that he was the son of a Supreme Court Judge briefed by Julius and Creasy. But then came July 1960 and Mrs. Bandaranaike, as a tenderfoot prime minister first let Felix be the de facto leader of government (until she gained experience and found her feet). Rohana Wijeweera also showed up just before the JVP’s 1971 insurrection. So Colvin contended that it was a cardinal error to look for successors from among incumbents.
Since this is open, I say that he or she can come from within parliament or from a political movement outside’. It is more open now than at any other time in Sri Lanka.
You were criticized when the UNP was reduced to zero and you had said that you would resign in a few months time. But that did not happen. What would you say now?
I said ‘let the party decide who they want’ and then to go ahead and that I will move out. But then a lot of pressure came up that I should go to parliament and not anyone else, specially because we were all in a crisis. I said ‘alright’, but then it is up to you to organize the party. So as party leader other than going to parliament I leave it to them to organize and implement party affairs.
In fact I don’t come here (to Siri Kotha) much now. I don’t give many media interviews or go around the country making statements. Whatever I say I say in parliament now. They feel that they want to discuss future plans specially government policy with me because of my experience. So its basically becoming a school. In fact some of the next generation of leaders – those in their early twenties and going up to thirty will be presented to the public very soon. In fact more are coming in.
We meet once or twice a week, but I must emphasize that it is a drastic recast that is happening now. The challenge is convincing the conventional thinker, because they have to understand that the whole thing is changing.
How many years have you been in parliament?
Since 1977.
How would you rate your performance as an MP?
That’s for the country to do, not for me.
How would you rate your performance as a UNPer ( if I may use the term)?
I have always stood by the UNP. Long before I joined. My first vote was for the UNP in 1970. I have upheld the values, the main values that D S Senanayake had put down in the constitution. The opening of the economy, the 13th amendment to the constitution, and as time goes by, we ensure that whatever policies we make are in accordance with these basic principles.
How would you rate yourself as a party leader?
I don’t rate myself. The whole question is ‘is there anything called self’. If you are a Buddhist that is a very philosophical matter. I don’t rate myself, others can decide whether I am good, bad or ugly.
As a member of parliament you are responsible for an electorate. How do you course correct yourself? Specially being so experienced in these affairs. How do you see the subject of accountability as a member of parliament to an electorate?
Two things. Any member of parliament is accountable to the whole country. If he or she does not follow the principles of his or her party then there is a violation and he or she can be removed. So I continue to look at Sri Lanka as a full electorate. And I take up issues of the people within the confines of the party policy.
I brought with me a question from a Mrs Sitha Wickremanayake from Yatiyantota. She hails from a family which has actively supported Hon. D S Senanayake, Dudley Senanayake, and even president Premadasa with her father actively supporting the UNP at one time while providing accommodation to a young and active NM Perera in Yatiyantota. Her question to you is ‘Why could you not keep the UNP together’?
All parties change and sometimes people misjudge you. The UNP is the only party that has remained in Parliament since 1947. We have done that. At the last election we had people who thought Mahinda is the king after 2009. Then there are people who thought they can forge ahead with the SJB. They took those decisions. Whether those decisions were correct or not, I cannot tell you. You have to change with the people.
With respect to UNP membership, where do the SJB members stand? Are they UNPers today?
Some of the members of the SJB are members of the UNP who have now been suspended until disciplinary enquiries are over. One member has gone to court also.
Are you seeking their expulsion?
We cannot expel them from parliament. As far as we are concerned they did not contest (the last election) under the UNP. We have left the doors open for discussions to take place which in fact have taken place at different times on how we can work together. We have only pursued minimum disciplinary action because we have to be flexible in this endeavor. Anyone else however, who has worked against us we are taking full disciplinary action against.
You maintain that people change. However, we find that at each election the people are easily persuaded by the same old scheme or promise – as it were? In this light, how do you see the people of this country?
Look! You have to accept the electorate that is there. You can’t import another electorate. After 1970 there was a complete break in the system and something completely newhappened. It was something positive. Similarly you are coming to that stage now. The economy is breaking down, your political structures are breaking down, Social systems are breaking down and this is the case with every country in the world while Covid-19 is also having its impact around the world. Something new has to come up. We are also proposing that the new ideas that we put forth are positive. There will be others who will put up negative ones. That clash has to take place and people are thinking now.
In light of the fact that many voted for repealing the 19th amendment. What would your comments be on this subject?
I contend that the people did not vote to repeal the 19th amendment. Mr. Gotabaya Rajapaksa was elected while the 19th amendment was in force. Elections were held on the basis of the 19th amendment. No one brought up the matter. The government did not campaign to repeal the 19th amendment. They did not say that. As far as the ‘pohottuwa’ was concerned they did not say that either.
On the subject of people, what is your position on Sinhala Only?
My position is reflected in the present circumstances. Sinhala and Tamil are official languages. Sinhala and Tamil are national languages. And English is a co-ordinating language. This co-ordinating language is nonsense. No country has a co-ordinating language so you might as well make English a national language. Then more and more people can learn English. Why are we so frightened of English? In China they are teaching English, In India they are teaching English. Also English now has a Asian version. The Chinese and Indians will dominate the English market and not the Americans or the English.
All those who are saying they don’t want English are educating their children in English here and abroad. So I say, let us not be shy. We have two official languages. I must point out that India does not have Tamil as an official language. It is we, Singapore and I think Mauritius who have Tamil as a official language. Let there be three national languages – Sinhala, Tamil and English. English affects all our lives, all our cultures. Today when you are using a hand phone you are using it in English. So all I am saying is make English a national language’.
You have been in parliament for more than 40 years. What has the UNP done to bring that about?
We are the ones who brought in the 13th Amendment ( to the constitution ) which defines the language policy. I as education minister pushed for teaching of English but there were challenges like training English teachers. For instance the last government pushed for English and IT. All I am saying is make English a national language.
Do we call English a co-ordinating language?
We call it a co-ordinating or link language. All I am saying is let’s make It a national language. More than 20% of this country speak English. In fact the number of Tamil speakers equals the number of English speakers.
(I did the math in my mind. Do 4.6 mln people actually speak English? Not even some English teachers that I know can speak it. I had my reservations. I wondered)
I feel that the people of Lanka, the people within our territory have an identity crisis. What is your view on the matter of the national identity?
We have a Sri Lankan identity.
Do we actually have a Sri Lankan Identity (not a Sinhala, Tamil or Muslim identity)?
We have. We have it in our national anthem.. ‘Eka mawakage daru kela bavina’..’ [children of one mother]. But within it some people are trying to say ‘Tamil must be a separate state’, some others are saying it must be a ‘Sinhala Buddhist state’. Therefore there are different views on the subject. A majority may avoid the Sri Lankan identity saying they are being discriminated. It is not only ethnicity, people of different religion and even women who say they are discriminated as against men. So within our identity this debate will continue and it will never stop. We have to accept that we are all Sri Lankan and that all have to be treated equally subject to Article 9 of the constitution.
Furthermore we must impose it. We had the national anthem being sung in Sinhala and Tamil. Now you change that it and you have unnecessary problems.
Within that construct how would you describe the identity of a UNPer today? And are you as a party relevant today and how do you plan to make the party relevant or more relevant to the young ( 18+) voter?
A UNPer is someone who believes in the policies that we maintain including democracy, a Sri Lankan identity, a social market economy, social democracy which are our accepted views. On the question of whether ‘we are relevant?’ I don’t think that any political party today is relevant. So we have to make ourselves relevant to all those voters.
Right now there are discussions that are going on and in fact very soon we will be presenting our new leaders to the public – about ten who are all within their early thirties to forties. And more are joining. The UNP has been working in the background and the reason you don’t see us making too many public appearances is because we are working in the background and want to be prepared before we bring them out.
For instance I was interviewed by a group of young people from Royal College and I can tell you that the questions that they asked me are quite different to what you are asking me. And we did have a very useful discussion.
Do you think that the provincial councils are relevant?
We are a country of 20 million people. Between the division of the local authority and the top there has to be a intermediate player. Originally we came with the District Development Councils (DDC). After that you have the provincial councils. The issue is this – if you go to dismantle the provincial structure and put in place 22 district structures there will be utter chaos in the country. I accept the fact that there are three layers of government. They are duplicating expenditure unnecessarily. Let us look at a structure, which will ensure that this doesn’t take place.
The council is a body that is needed to pass legislation. There also we can use the American tradition where assemblies at the state level only meet two or three times a year. Once to pass the budget and they meet again once in four months. Then we must look at how the administration can cut off any expenditure. Right now we have a problem because the local authority digs drains, The provincial council also wants money for drains and the MP also wants money for drains. So finally what is the result? ‘All the money is going down the drain’ (laughter)
That is why I say that we have to radically transform it. You take that proposition to the national level, secondly you retain the powers of the thirteenth amendment. In the last parliament we appointed a committee by our constitutional committee. I think it was Susil Premjayanth who chaired it. The seven Chief ministers of the Southern provinces, That is excluding the North and East, and their leaders of the opposition gave a common report on what they want. So after obtaining the views at the provincial level, Susil Premjayanth put everything together and there is an exhaustive report on this. We can discuss this and see how we can go along. I believe that up to about 80% of the report can be agreed with. The rest, the parties with different views may have to come to consensus on and decide.
(To be continued next week)
by Dr Gotabhya Ranasinghe
Senior Consultant Cardiologist
National Hospital Sri Lanka
When we sought a meeting with Hon Dr. Ramesh Pathirana, Minister of Health, he graciously cleared his busy schedule to accommodate us. Renowned for his attentive listening and deep understanding, Minister Pathirana is dedicated to advancing the health sector. His openness and transparency exemplify the qualities of an exemplary politician and minister.
Dr. Palitha Mahipala, the current Health Secretary, demonstrates both commendable enthusiasm and unwavering support. This combination of attributes makes him a highly compatible colleague for the esteemed Minister of Health.
Our discussion centered on a project that has been in the works for the past 30 years, one that no other minister had managed to advance.
Minister Pathirana, however, recognized the project’s significance and its potential to revolutionize care for heart patients.
The project involves the construction of a state-of-the-art facility at the premises of the National Hospital Colombo. The project’s location within the premises of the National Hospital underscores its importance and relevance to the healthcare infrastructure of the nation.
This facility will include a cardiology building and a tertiary care center, equipped with the latest technology to handle and treat all types of heart-related conditions and surgeries.
Securing funding was a major milestone for this initiative. Minister Pathirana successfully obtained approval for a $40 billion loan from the Asian Development Bank. With the funding in place, the foundation stone is scheduled to be laid in September this year, and construction will begin in January 2025.
This project guarantees a consistent and uninterrupted supply of stents and related medications for heart patients. As a result, patients will have timely access to essential medical supplies during their treatment and recovery. By securing these critical resources, the project aims to enhance patient outcomes, minimize treatment delays, and maintain the highest standards of cardiac care.
Upon its fruition, this monumental building will serve as a beacon of hope and healing, symbolizing the unwavering dedication to improving patient outcomes and fostering a healthier society.We anticipate a future marked by significant progress and positive outcomes in Sri Lanka’s cardiovascular treatment landscape within the foreseeable timeframe.
by Fr. Emmanuel Fernando, OMI
Jesuit Fr. Aloysius Pieris (affectionately called Fr. Aloy) celebrated his 90th birthday on April 9, 2024 and I, as the editor of our Oblate Journal, THE MISSIONARY OBLATE had gone to press by that time. Immediately I decided to publish an article, appreciating the untiring selfless services he continues to offer for inter-Faith dialogue, the renewal of the Catholic Church, his concern for the poor and the suffering Sri Lankan masses and to me, the present writer.
It was in 1988, when I was appointed Director of the Oblate Scholastics at Ampitiya by the then Oblate Provincial Fr. Anselm Silva, that I came to know Fr. Aloy more closely. Knowing well his expertise in matters spiritual, theological, Indological and pastoral, and with the collaborative spirit of my companion-formators, our Oblate Scholastics were sent to Tulana, the Research and Encounter Centre, Kelaniya, of which he is the Founder-Director, for ‘exposure-programmes’ on matters spiritual, biblical, theological and pastoral. Some of these dimensions according to my view and that of my companion-formators, were not available at the National Seminary, Ampitiya.
Ever since that time, our Oblate formators/ accompaniers at the Oblate Scholasticate, Ampitiya , have continued to send our Oblate Scholastics to Tulana Centre for deepening their insights and convictions regarding matters needed to serve the people in today’s context. Fr. Aloy also had tried very enthusiastically with the Oblate team headed by Frs. Oswald Firth and Clement Waidyasekara to begin a Theologate, directed by the Religious Congregations in Sri Lanka, for the contextual formation/ accompaniment of their members. It should very well be a desired goal of the Leaders / Provincials of the Religious Congregations.
Besides being a formator/accompanier at the Oblate Scholasticate, I was entrusted also with the task of editing and publishing our Oblate journal, ‘The Missionary Oblate’. To maintain the quality of the journal I continue to depend on Fr. Aloy for his thought-provoking and stimulating articles on Biblical Spirituality, Biblical Theology and Ecclesiology. I am very grateful to him for his generous assistance. Of late, his writings on renewal of the Church, initiated by Pope St. John XX111 and continued by Pope Francis through the Synodal path, published in our Oblate journal, enable our readers to focus their attention also on the needed renewal in the Catholic Church in Sri Lanka. Fr. Aloy appreciated very much the Synodal path adopted by the Jesuit Pope Francis for the renewal of the Church, rooted very much on prayerful discernment. In my Religious and presbyteral life, Fr.Aloy continues to be my spiritual animator / guide and ongoing formator / acccompanier.
Fr. Aloysius Pieris, BA Hons (Lond), LPh (SHC, India), STL (PFT, Naples), PhD (SLU/VC), ThD (Tilburg), D.Ltt (KU), has been one of the eminent Asian theologians well recognized internationally and one who has lectured and held visiting chairs in many universities both in the West and in the East. Many members of Religious Congregations from Asian countries have benefited from his lectures and guidance in the East Asian Pastoral Institute (EAPI) in Manila, Philippines. He had been a Theologian consulted by the Federation of Asian Bishops’ Conferences for many years. During his professorship at the Gregorian University in Rome, he was called to be a member of a special group of advisers on other religions consulted by Pope Paul VI.
Fr. Aloy is the author of more than 30 books and well over 500 Research Papers. Some of his books and articles have been translated and published in several countries. Among those books, one can find the following: 1) The Genesis of an Asian Theology of Liberation (An Autobiographical Excursus on the Art of Theologising in Asia, 2) An Asian Theology of Liberation, 3) Providential Timeliness of Vatican 11 (a long-overdue halt to a scandalous millennium, 4) Give Vatican 11 a chance, 5) Leadership in the Church, 6) Relishing our faith in working for justice (Themes for study and discussion), 7) A Message meant mainly, not exclusively for Jesuits (Background information necessary for helping Francis renew the Church), 8) Lent in Lanka (Reflections and Resolutions, 9) Love meets wisdom (A Christian Experience of Buddhism, 10) Fire and Water 11) God’s Reign for God’s poor, 12) Our Unhiddden Agenda (How we Jesuits work, pray and form our men). He is also the Editor of two journals, Vagdevi, Journal of Religious Reflection and Dialogue, New Series.
Fr. Aloy has a BA in Pali and Sanskrit from the University of London and a Ph.D in Buddhist Philosophy from the University of Sri Lankan, Vidyodaya Campus. On Nov. 23, 2019, he was awarded the prestigious honorary Doctorate of Literature (D.Litt) by the Chancellor of the University of Kelaniya, the Most Venerable Welamitiyawe Dharmakirthi Sri Kusala Dhamma Thera.
Fr. Aloy continues to be a promoter of Gospel values and virtues. Justice as a constitutive dimension of love and social concern for the downtrodden masses are very much noted in his life and work. He had very much appreciated the commitment of the late Fr. Joseph (Joe) Fernando, the National Director of the Social and Economic Centre (SEDEC) for the poor.
In Sri Lanka, a few religious Congregations – the Good Shepherd Sisters, the Christian Brothers, the Marist Brothers and the Oblates – have invited him to animate their members especially during their Provincial Congresses, Chapters and International Conferences. The mainline Christian Churches also have sought his advice and followed his seminars. I, for one, regret very much, that the Sri Lankan authorities of the Catholic Church –today’s Hierarchy—- have not sought Fr.
Aloy’s expertise for the renewal of the Catholic Church in Sri Lanka and thus have not benefited from the immense store of wisdom and insight that he can offer to our local Church while the Sri Lankan bishops who governed the Catholic church in the immediate aftermath of the Second Vatican Council (Edmund Fernando OMI, Anthony de Saram, Leo Nanayakkara OSB, Frank Marcus Fernando, Paul Perera,) visited him and consulted him on many matters. Among the Tamil Bishops, Bishop Rayappu Joseph was keeping close contact with him and Bishop J. Deogupillai hosted him and his team visiting him after the horrible Black July massacre of Tamils.
Sri Lanka-Singapore Free Trade Agreement
By Gomi Senadhira
senadhiragomi@gmail.com
“You might tell fairy tales, but the progress of a country cannot be achieved through such narratives. A country cannot be developed by making false promises. The country moved backward because of the electoral promises made by political parties throughout time. We have witnessed that the ultimate result of this is the country becoming bankrupt. Unfortunately, many segments of the population have not come to realize this yet.” – President Ranil Wickremesinghe, 2024 Budget speech
Any Sri Lankan would agree with the above words of President Wickremesinghe on the false promises our politicians and officials make and the fairy tales they narrate which bankrupted this country. So, to understand this, let’s look at one such fairy tale with lots of false promises; Ranil Wickremesinghe’s greatest achievement in the area of international trade and investment promotion during the Yahapalana period, Sri Lanka-Singapore Free Trade Agreement (SLSFTA).
It is appropriate and timely to do it now as Finance Minister Wickremesinghe has just presented to parliament a bill on the National Policy on Economic Transformation which includes the establishment of an Office for International Trade and the Sri Lanka Institute of Economics and International Trade.
Was SLSFTA a “Cleverly negotiated Free Trade Agreement” as stated by the (former) Minister of Development Strategies and International Trade Malik Samarawickrama during the Parliamentary Debate on the SLSFTA in July 2018, or a colossal blunder covered up with lies, false promises, and fairy tales? After SLSFTA was signed there were a number of fairy tales published on this agreement by the Ministry of Development Strategies and International, Institute of Policy Studies, and others.
However, for this article, I would like to limit my comments to the speech by Minister Samarawickrama during the Parliamentary Debate, and the two most important areas in the agreement which were covered up with lies, fairy tales, and false promises, namely: revenue loss for Sri Lanka and Investment from Singapore. On the other important area, “Waste products dumping” I do not want to comment here as I have written extensively on the issue.
1. The revenue loss
During the Parliamentary Debate in July 2018, Minister Samarawickrama stated “…. let me reiterate that this FTA with Singapore has been very cleverly negotiated by us…. The liberalisation programme under this FTA has been carefully designed to have the least impact on domestic industry and revenue collection. We have included all revenue sensitive items in the negative list of items which will not be subject to removal of tariff. Therefore, 97.8% revenue from Customs duty is protected. Our tariff liberalisation will take place over a period of 12-15 years! In fact, the revenue earned through tariffs on goods imported from Singapore last year was Rs. 35 billion.
The revenue loss for over the next 15 years due to the FTA is only Rs. 733 million– which when annualised, on average, is just Rs. 51 million. That is just 0.14% per year! So anyone who claims the Singapore FTA causes revenue loss to the Government cannot do basic arithmetic! Mr. Speaker, in conclusion, I call on my fellow members of this House – don’t mislead the public with baseless criticism that is not grounded in facts. Don’t look at petty politics and use these issues for your own political survival.”
I was surprised to read the minister’s speech because an article published in January 2018 in “The Straits Times“, based on information released by the Singaporean Negotiators stated, “…. With the FTA, tariff savings for Singapore exports are estimated to hit $10 million annually“.
As the annual tariff savings (that is the revenue loss for Sri Lanka) calculated by the Singaporean Negotiators, Singaporean $ 10 million (Sri Lankan rupees 1,200 million in 2018) was way above the rupees’ 733 million revenue loss for 15 years estimated by the Sri Lankan negotiators, it was clear to any observer that one of the parties to the agreement had not done the basic arithmetic!
Six years later, according to a report published by “The Morning” newspaper, speaking at the Committee on Public Finance (COPF) on 7th May 2024, Mr Samarawickrama’s chief trade negotiator K.J. Weerasinghehad had admitted “…. that forecasted revenue loss for the Government of Sri Lanka through the Singapore FTA is Rs. 450 million in 2023 and Rs. 1.3 billion in 2024.”
If these numbers are correct, as tariff liberalisation under the SLSFTA has just started, we will pass Rs 2 billion very soon. Then, the question is how Sri Lanka’s trade negotiators made such a colossal blunder. Didn’t they do their basic arithmetic? If they didn’t know how to do basic arithmetic they should have at least done their basic readings. For example, the headline of the article published in The Straits Times in January 2018 was “Singapore, Sri Lanka sign FTA, annual savings of $10m expected”.
Anyway, as Sri Lanka’s chief negotiator reiterated at the COPF meeting that “…. since 99% of the tariffs in Singapore have zero rates of duty, Sri Lanka has agreed on 80% tariff liberalisation over a period of 15 years while expecting Singapore investments to address the imbalance in trade,” let’s turn towards investment.
Investment from Singapore
In July 2018, speaking during the Parliamentary Debate on the FTA this is what Minister Malik Samarawickrama stated on investment from Singapore, “Already, thanks to this FTA, in just the past two-and-a-half months since the agreement came into effect we have received a proposal from Singapore for investment amounting to $ 14.8 billion in an oil refinery for export of petroleum products. In addition, we have proposals for a steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million), sugar refinery ($ 200 million). This adds up to more than $ 16.05 billion in the pipeline on these projects alone.
And all of these projects will create thousands of more jobs for our people. In principle approval has already been granted by the BOI and the investors are awaiting the release of land the environmental approvals to commence the project.
I request the Opposition and those with vested interests to change their narrow-minded thinking and join us to develop our country. We must always look at what is best for the whole community, not just the few who may oppose. We owe it to our people to courageously take decisions that will change their lives for the better.”
According to the media report I quoted earlier, speaking at the Committee on Public Finance (COPF) Chief Negotiator Weerasinghe has admitted that Sri Lanka was not happy with overall Singapore investments that have come in the past few years in return for the trade liberalisation under the Singapore-Sri Lanka Free Trade Agreement. He has added that between 2021 and 2023 the total investment from Singapore had been around $162 million!
What happened to those projects worth $16 billion negotiated, thanks to the SLSFTA, in just the two-and-a-half months after the agreement came into effect and approved by the BOI? I do not know about the steel manufacturing plant for exports ($ 1 billion investment), flour milling plant ($ 50 million) and sugar refinery ($ 200 million).
However, story of the multibillion-dollar investment in the Petroleum Refinery unfolded in a manner that would qualify it as the best fairy tale with false promises presented by our politicians and the officials, prior to 2019 elections.
Though many Sri Lankans got to know, through the media which repeatedly highlighted a plethora of issues surrounding the project and the questionable credentials of the Singaporean investor, the construction work on the Mirrijiwela Oil Refinery along with the cement factory began on the24th of March 2019 with a bang and Minister Ranil Wickremesinghe and his ministers along with the foreign and local dignitaries laid the foundation stones.
That was few months before the 2019 Presidential elections. Inaugurating the construction work Prime Minister Ranil Wickremesinghe said the projects will create thousands of job opportunities in the area and surrounding districts.
The oil refinery, which was to be built over 200 acres of land, with the capacity to refine 200,000 barrels of crude oil per day, was to generate US$7 billion of exports and create 1,500 direct and 3,000 indirect jobs. The construction of the refinery was to be completed in 44 months. Four years later, in August 2023 the Cabinet of Ministers approved the proposal presented by President Ranil Wickremesinghe to cancel the agreement with the investors of the refinery as the project has not been implemented! Can they explain to the country how much money was wasted to produce that fairy tale?
It is obvious that the President, ministers, and officials had made huge blunders and had deliberately misled the public and the parliament on the revenue loss and potential investment from SLSFTA with fairy tales and false promises.
As the president himself said, a country cannot be developed by making false promises or with fairy tales and these false promises and fairy tales had bankrupted the country. “Unfortunately, many segments of the population have not come to realize this yet”.
(The writer, a specialist and an activist on trade and development issues . )
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