the LTTE tax was systematic"-Ramadasan
By Ruwanthi de Silva
The head of Jaffna's biggest trade chamber said he felt the political
crisis was unlikely to trigger a return to hostilities but said
it would slow down development in the north.
president of Jaffna's Yarlpanam Chamber of Commerce, told The Sunday
Times FT that people in the north were disturbed over the current
crisis and the President's actions were seen as an unwanted disturbance
in the peace process.
has affected business. We were getting used to a certain system,
even the LTTE tax was becoming systematic. Now it seems like there
is going to be slight changes. The uncertainty among the business
community will slow down development in this area. I don't think
this will hamper the entire peace process and I don't think anyone
will go for military activity, but naturally there is a set back,"
he said by telephone from Jaffna.
He said economic
activities will slow down while funds promised at the Tokyo summit
may not come in for a while. Foreign investors will also be a little
reluctant to come in. "We have been trying very hard to bring
capital into the area. Now it's going to be a slow process."
he wasn't sure whether Sri Lankan politicians are mature enough
to work together but "hopefully the gap between the two parties
will not widen further."
community may not be able to unite the two parties as the two parties
appear to be divided in their attitude towards business, he added.