Cabinet decides not to sign proposed MCC agreement

Cabinet decides not to sign proposed MCC agreement

February 28, 2020   10:41 am

The Cabinet of Ministers has decided not to sign the Millennium Challenge Cooperation (MCC) in its present form based on the recommendations of the committee of expert appointed in this regard, says Cabinet Spokesperson Minister Bandula Gunawardana.

He stated this today (28) addressing the media briefing to announce the decision made by the Cabinet of Ministers during its recent meeting.

The committee of experts appointed to conduct a comprehensive study on the MCC agreement has concluded that it contains clauses that are not in agreement with the Constitution of Sri Lanka and are detrimental to the sovereignty of the country.

Prime Minister Mahinda Rajapaksa has tabled the interim report of the committee to the Cabinet of Ministers, Minister Gunawardana stated.

He further commented that this agreement was  devised at the discretion of the former government led by the United National Party (UNP) and not by the United States.

The government decided not to sign the agreement taking into consideration several facts concerning the MCC deal such as its obscure manner, inclusion of clauses that are against the country’s Constitution and are detrimental to its sovereignty, inclusion of clauses that can adversely affect national security and national, economic, social and cultural affairs and concerns that sprung up regarding the island nation’s sovereignty, independence and national security.

The government is willing to go into talks pertaining to the MCC agreement without its unacceptable conditions, the Minister said further, adding that the government is ready to receive subsidies from any friendly country considering the prevailing capital shortfall in the country.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Sri Lanka's credit rating will improve if this economic programme is continued - Harsha (English)

IMF chief calls for high creditor participation in Sri Lanka's debt restructuring operations (English)

Flood warnings issued for low-lying areas of Kelani River and Kala Oya (English)

CBSL introduces Overnight Policy Rate; further eases monetary policy stance (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Heavy rainfall continues across Sri Lanka as deep depression moves closer to East coast (English)