{"id":113208,"date":"2021-04-03T15:55:36","date_gmt":"2021-04-03T22:55:36","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=113208"},"modified":"2021-04-03T15:55:36","modified_gmt":"2021-04-03T22:55:36","slug":"unhrc-proof-the-economy","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2021\/04\/03\/unhrc-proof-the-economy\/","title":{"rendered":"UNHRC-Proof the Economy"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Dilrook Kannangara<\/em><\/span><\/h2>\n\n\n<p>UNHRC voting\nclearly showed Sri Lanka\u2019s friends and enemies (and the in-betweens). Although\nIndia abstained from voting, India fully supported the anti-Sri Lanka\nresolution. Sadly, some enemies are key export destinations (and import\norigins) of Sri Lankan produce (and Sri Lanka\u2019s imports) which can become a\nfuture threat. While it is only the UN Security Council that can impose\neconomic sanctions on a nation, individual nations are free to impose their own\nsanctions on another nation. It was not that long ago that the EU removed the\nGSP Plus facility to Sri Lanka following the defeat of Tamil terrorists.\nTherefore, it is vital to UNHRC-proof the Sri Lankan economy by diversifying\nSri Lanka\u2019s exports (and imports) away from EU nations and India.<\/p>\n\n\n\n<p>Relying on\nEU nations and India will prove disastrous very soon when they complete their\ninvestigations into alleged war crimes and compel Sri Lanka to handover war\nheroes to be executed by them. While this process will take years, Sri Lanka\nmust act now to diversify international trade away from these nations.<\/p>\n\n\n\n<p>Besides the exports\nto these nations and USA actually earn on peanuts for Sri Lanka. All material,\nmachinery, equipment, etc. for garment manufacturing are imported. If one\nconsiders the real local value addition it is extremely small. Other exports to\nthese western nations are the same. This is the very reason they manufacture\nthese in Sri Lanka and other less developed nations! <\/p>\n\n\n\n<p>Sri Lanka\u2019s\nfuture is in shipping, industrial exports, electronics, tourism, knowledge\neconomy, marine resources, food production and import substitution. Garments,\ntea, export processing zones and other near slavery sweatshops are on their way\nout. Interestingly these industries locally are dominated by the very people\nwho connived with the enemies of Sri Lanka at the UNHRC! <\/p>\n\n\n\n<p>It will be a\ntwin victory for Sri Lanka to move away from exports to and imports from enemy\nnations. The time to act is now. &nbsp;&nbsp;&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dilrook Kannangara UNHRC voting clearly showed Sri Lanka\u2019s friends and enemies (and the in-betweens). Although India abstained from voting, India fully supported the anti-Sri Lanka resolution. Sadly, some enemies are key export destinations (and import origins) of Sri Lankan produce (and Sri Lanka\u2019s imports) which can become a future threat. While it is only the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-113208","post","type-post","status-publish","format-standard","hentry","category-dilrook-kannangara"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/113208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=113208"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/113208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=113208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=113208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=113208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}