Sri Lanka Interested to Increase Trade Ties with Pakistan – Research Snipers

Sri Lanka Interested to Increase Trade Ties with Pakistan

trade ties

Noordeen Mohamed Shaheid—the Sri Lankan High Commissioner on Tuesday informed that Sri Lanka was all interested to increase the trade ties with Pakistan.

While speaking to the business community at the Sialkot Chamber of Commerce and Industry (SCCI), he said that the exporters of the city would be introducing their business activities in Sri Lanka, other than exploring on the international trade market.

The Sri Lankan High Commissioner stressed that there existed numerous opportunities in the various fields of trade for building joint ventures with Pakistan and is this matter, many Sri Lankan firms have shown deep interest for collaborating with their Pakistani counterparts.

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Emphasizing on the need of adopting effective practical steps for strengthening joint trade, he added that the exporters of Sialkot had got enough potential for seeking and capturing the markets of Sri Lanka by exporting its traditional and non-traditional world-class export products.

Shaheid assured the businessmen that all needed measures would be taken for boosting the bilateral trade to $1 billion.

The SCCI President—Khawaja Masud Akhtar on the occasion said that bilateral ties between Pakistan and Sri Lanka, under the umbrella of SAARC could provide a much brighter and integrated future for South Asia.

He mentioned that the total yearly trade between the two countries is nearly $351 million.

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