FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » India-Sri Lanka: Expanding on the Shades of Grey - Analysis

India-Sri Lanka: Expanding on the Shades of Grey - Analysis

Go down  Message [Page 1 of 1]

Sstar

Sstar
Vice President - Equity Analytics
Vice President - Equity Analytics
By Ramesh Ramachandran

On March 27, India, departing from its usual voting pattern on UNHRC resolutions critical of Sri Lanka, abstained from casting its vote on the resolution that approved an independent international investigation into certain alleged war crimes and human rights violations committed by the Sri Lankan government during the 2009 civil war against the Liberation Tigers of Tamil Eelam (LTTE).

The “explanation of vote” by India’s permanent representative to the UN offices in Geneva among other things, stated that “In asking the Office of the High Commissioner for Human Rights (OHCHR) to investigate, assess and monitor the human rights situation in Sri Lanka, the resolution ignores the progress already made by the country in this field and places in jeopardy the cooperation currently taking place between the Government of Sri Lanka and the OHCHR and the Council’s Special Procedures. Besides, the resolution is inconsistent and impractical in asking both the Government of Sri Lanka and the OHCHR to simultaneously conduct investigations.” “…adopting an intrusive approach that undermines national sovereignty and institutions is counterproductive,” he added.

Evidently, India’s abstention was dictated as much by necessity and self-preservation as by a desire to place bilateralism at the front and centre of New Delhi’s ties with Colombo.

After having voted for the UNHRC resolutions on Sri Lanka in 2012 and 2013, India’s abstention this year was indicative of a course correction in India’s engagement with Sri Lanka that was aimed at retrieving the ground lost in the intervening years, burnishing India’s credentials as a relevant player in the island nation’s affairs and signalling a return to bilateralism as the centrepiece of New Delhi – Colombo ties. If India’s support for the resolutions in the preceding years exposed an utter bankruptcy of ideas on engaging Sri Lanka (thereby implicitly admitting to a failure on the part of New Delhi to either influence the course of events or bring about the desired change in Colombo’s disposition), its abstention should be seen as a belated attempt to pull the relationship back from the brink.

Indeed the muted reactions from the regional political parties provided New Delhi with room to manoeuvre, and in the process, enabled it to reclaim its voice vis-à-vis the Tamil Nadu state government and other regional political parties on foreign policy issues.

Particularly worrying for the Indian Ministry of External Affairs is the phenomenon of erosion of New Delhi’s position in what it calls its sphere of influence. The debate over ways India should have voted at the last three UNHRC resolutions on Sri Lanka is instructive to the extent that it illustrates how far India has come from being an influential actor in its neighbourhood to being a marginal or fringe player. Some key questions were: Was it advisable for New Delhi to vote for the resolutions and risk losing whatever goodwill and leverage it might have had with Colombo? Shouldn’t all other options have been exhausted before India threw in the towel and threw in its lot with the West? India’s abstention this year has partially answered that question.

At present, India cannot claim to adhere to a consistent policy towards Sri Lanka. First it nurtured the LTTE and burnt its fingers in the process. It then extended tacit support to Colombo – before, during and after the end of the Sri Lankan civil war in May 2009 – only to subsequently support the UNHRC resolution piloted by the US. The 2013 Commonwealth Heads of Government Meeting summit in Sri Lanka was as much in the news for the renewed focus on Colombo’s human rights record as for the Indian prime minister’s decision to refrain from attending it, and instead, leave it to the Indian External Affairs Minister to lead New Delhi’s delegation. In a letter of regret hand-delivered to Sri Lankan President Mahinda Rajapaksa, Singh informed Rajapaksa of his inability to attend personally but without providing reasons.

Suffice to say that a careful reading of the history of India-Sri Lanka relations would make it evident that New Delhi’s policy towards Colombo can be described as consistently inconsistent, characterised by myopia and self-inflicted crises.

It is time to reshape India’s neighbourhood policy in a manner that reflects the broadest possible national consensus on the way forward in our relations with Pakistan, Afghanistan, Iran, Nepal, Bangladesh, Maldives, Bhutan and Sri Lanka. Irrespective of which coalition forms the next government in New Delhi, a reset is necessary. India can ill-afford a Pavlovian foreign policy, and/or framing India’s foreign policy options as a binary choice. There is need for greater appreciation of several shades of grey.

Ramesh Ramachandran
Journalist, New Delhi

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum