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Government striving to enhance Pak-Sri Lanka trade, investment relations

Islamabad: According to a recent news report, Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood on Tuesday said that the government was working to achieve its aim of enhancing trade and investment relations with Sri Lanka to commensurate with their bilateral ties.

Read More: Pakistan and Sri Lanka agree to reactivate joint working groups to remove trade barriers

“In line with our policy of enhancing regional trade and connectivity, a delegation of prominent businessmen has arrived in Sri Lanka for the visit of Prime Minister Imran Khan on February 23-24, 2021,” the adviser said on his Twitter account.

He said Sri Lanka was a very important country for Pakistan as “we signed our first-ever Free Trade Agreement (FTA) with it”.

He said during the visit, the whole spectrum of bilateral trade and economic relations would be discussed, and a trade and investment conference would be held at Colombo on February 24 (today).

Read More: President Alvi in favour for enhanced trade ties with Vietnam

Pakistan and Sri Lanka have decided that joint working groups should be reactivated to tackle technical issues hampering bilateral trade. The advisor confirmed that during the first half of the current year it was agreed to hold the next JWG meeting.

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