Ceylon Chamber calls for more transparency on SOFA and MCC

Thursday, 4 July 2019 03:09 -     - {{hitsCtrl.values.hits}}

The Ceylon Chamber of Commerce yesterday expressed its concern with regard to the increasing levels of speculation among its membership and society at large on the consequences surrounding the proposed Status of Forces Agreement (SOFA) and the Millennium Challenge Corporation (MCC) grant. 

Issuing a statement, the Ceylon Chamber requested the Government to provide an enhanced level of transparency with respect to these agreements and their potential consequences, and also to clarify the exact position with regards to the current status of the negotiations and or execution of these agreements. 

It would also add value to provide comfort to key stakeholders and the public at large, that due process, including the securing of policy and legislative approvals, has and will be followed with respect to the processing and execution of these agreements. While it is inevitable that differences in opinion will prevail, compliance with due process combined with a transparent process encompassing stakeholder consultation will ensure that the national interest is protected, the statement added. 

“A commitment to transparency by all parties will ensure a fair and balanced discussion among relevant stakeholders on the merits of Sri Lanka moving forward with these agreements,” the Ceylon Chamber of Commerce said.