Govt. incurs losses in its bid to please India and China - JVP

The government incurs losses in its bid to please India and China by providing petroleum tanks from harbors in Hambantota and Trincomalee, the Janatha Vimukthi Peramuna (JVP) said Monday.

Issuing a statement, the JVP asserted that it cannot be tolerated by any means, the decision to provide petroleum tanks for the use of foreign nations which causes loss of income for the Ceylon Petroleum Corporation (CPC).

“This would bring a negative impact not only for country’s economy but for the security situation as well,” it stated.

“Selling of country’s resources dirt cheap for foreign countries has become the economic policy of the government. The government is not willing to give up this policy even amid enormous pressure from the public,” the statement added.

Currently, a strike action staged by petroleum trade unions is underway which resulted in long lines of vehicles formed at fuel stations across the country.