Sri Lanka aims to boost economic, trade and commercial tieswith Pakistan. Rishad Bathiudeen, Minister for Industries and Commerce of SriLanka Wednesday said Sri Lanka is Pakistan?s biggest trading partner in SAARCoutside India and we share common perceptions on many regional and globalissues. Speaking to business community at FPCCI Bathiudeen said thecurrent bilateral trade volume stood at $338 million, which could be increasewith the help of private sector. He said balance of trade has always been infavour of Pakistan, which was contributing to economic development of abrotherly country.
He said both governments have agreed to provide enhanced opportunities to theprivate sector to interact to benefit from untapped potential. Plans to cementlinks and other steps to further encourage Pakistani investors are on thecards, he added. He invited Pakistani investors to his country saying thatstrong post-war growth potential was an opportunity for everyone.
Pakistanis can get trade concession in all the countries and groupings of whichSri Lanka is a signatory. He informed we urgently need some fifty thousand headof cattle from Pakistan. Raza Khan of FPCCI said 8.1 percent growth, per capitaGDP hike to $2400 and economic freedom standing at 57.1 proved that investorshave trust in policies of Sri Lankan government, Daily Times reports.
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