Wednesday March 20, 2019

Delaying Sri Lanka parliament vote could deter investors, EU warns

Nov 09, 2018 10:32 AM GMT+0530 | 2 Comment(s)

ECONOMYNEXT – Delaying a parliament vote on a new Sri Lankan government could damage the island's reputation and deter investors, the European Union has said.

“We consider it essential that Parliament be allowed to demonstrate its confidence by voting immediately when reconvened, in order to resolve the serious uncertainties currently facing the country,” a statement said.

“Any further delay could damage Sri Lanka’s international reputation and deter investors,” said the statement by the Delegation of the European Union issued in agreement with EU Heads of Mission and ambassadors of Norway and Switzerland resident in Colombo.

“ Respect by all stakeholders for the  provisions of the constitution will be important to maintain the confidence of the Sri Lankan people in democratic governance and the rule of law,” they said.



  1. dickie bird November 09, 06:08 AM

    Similar to the Yahapalanaya, it appears EU too is bankrupt of sensible statements. For 31/2 years No delegation from the EU were concerned in investing.EU need to tell the investors that they have threatened to withhold GSP+ they have done so before.Wonder whether EU their Investors are interested in Looters being rulers of SL?This is all bunkum talk. Impress whom? Certainly not the voter.

  2. Gerry November 09, 03:32 AM

    Strange statement, We did not have any issues for the last 3 years and I did not see the investors lining up to start projects. No Idea what this reporter or news web is talking of

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