Economy will be affected if a resolution is adopted by UNHRC

22 February 2022 12:00 am Views - 141

By Yohan Perera

Sri Lankan economy will suffer further blows if the UNHRC manages to adopt another resolution on the island nation, Samagi Jana Balawegaya (SJB) MP Eran Wickramaratne said yesterday.

MP Wickramaratne told a press conference that Sri Lanka is already in a bad wicket when it comes to the UNHRC sessions that would begin on February 27, 2022 with the developments on the Easter Sunday attacks and the disclosures made by former Intelligence Officer Shani Abeysekera in his petition which was filed recently. “Sri Lanka’s economy will be affected if a resolution against Sri Lanka is adopted.  One important factor which foreign investors would look at is the upholding of rule of law in a country when considering investing in that country. Accordingly, no investor would come if UNHRC adopts a resolution and declares that Sri Lanka has failed to maintain rule of law,” he said. Also, the MP charged that there is a move to get Ceylon Electricity Board (CEB) to import fuel directly in the future while there is a move by the Ceylon Petroleum Corporation (CPC) to increase fuel prices by a greater percentage than the LIOC which increased its prices recently.  “We want the government to show the nation the rationale behind another fuel price hike,” he said.