Strong opposition to the signing of the proposed Comprehensive Economic Partnership Agreement (CEPA) on the side lines of the SAARC Summit has forced the government to take a step back.
Minister of Export Development and International Trade G. L. Peiris reportedly told media personnel last Thursday that more consultations would be required before the final CEPA document could be finalized.
The Island Financial Review spoke to a senior official of the Department of Commerce to get an insight into CEPA and why the signing of the framework agreement during the SAARC Summit was pushed back and later withdrawn.
See today’s Island Financial Review for more on the bureaucratic perspective.