Pakistan, Sri Lanka agree to enhance bilateral trade up to $1 billion

Recent PostPakistan, Sri Lanka agree to enhance bilateral trade up to $1 billion

ISLAMABAD, Pakistan: Pakistan and Sri Lanka have agreed to enhance bilateral trade up to $1 billion per annum besides increasing cooperation in various fields.

In a joint news conference after holding talks with the visiting Sri Lankan President Maithripala Sirisena in Islamabad on Monday, Prime Minister Nawaz Sharif said that both the countries signed six agreements with an objective to enhance mutual cooperation in the fields of sports, shipping, tourism, economic development, anti-narcoticis and disaster management. He said that these agreements will pave way for further expanding bilateral ties.

Sharif said that Pakistan and Sri Lanka have similar view on almost all regional and international issues and we discussed in length bilateral relations as well as regional issues. He said that we also discussed cooperation in the field of defence besides other sectors.

“Pakistan intends to maintain good relations with all neighbouring countries and give special priority to promote its ties with Sri Lanka,” the prime minister said.

In his remarks, the Sri Lankan president said that his country intends to further increase trade volume with Pakistan besides intensifying mutual cooperation for the benefit of our peoples.

“We need to further enhance people to people contact and joint research activities in various fields with Pakistan,” Maithripala Sirisena said.

The Sri Lankan president invited the Pakistan International Airlines (PIA) to resume its flights for Colombo.

The Sri Lankan president expressed profound gratitude to Pakistan for extending support to eliminate terrorism from his country. He also invited Prime Minister Nawaz Sharif to visit Colombo for further cementing Pak-Sri Lanka relations.

Earlier, the two leaders held one-on-one meeting at the Prime Minister House in Islamabad. Later, the meeting was followed by delegation-level talks.

During the meeting, both the sides discussed ways to enhance bilateral cooperation in diverse fields besides discussing regional and international issues.

On Sunday, the Sri Lankan president arrived in Islamabad on a three-day official visit to Pakistan. He will also hold talks with his Pakistani counterpart Mamnoon Hussain during his stay in Islamabad.

Story in progress

Must read

Recent News

Azerbaijani people commemorate National Leader Heydar Aliyev

Azerbaijani people commemorate National Leader Heydar Aliyev

0
Monitoring Desk: Every year Azerbaijani people on December 12 commemorate the death anniversary of Azerbaijani Great Leader Heydar Aliyev.Today, 21 years have passed since...

A doomed PTI is eager to talk with the government

0
Monitoring Desk: After trying various tactics, PTI is eager to talk to the government and is making every effort to get a positive response...
Hemani “Power Plus”

Hemani “Power Plus” become first Pakistani product registered in UAE

0
Monitoring Desk: Hemani “Power Plus” has become the first Pakistani product registered in the UAE.

Syrian disorder shows why the Armed Forces are essential for social order

0
DND Special ReportThe Middle East is volatile again and a kind of “Islamic Colour Revolution” has collapsed the state institutions where the swift...

Once again media bias targets Pakistan with unsupported content about PTI’s November 24 protest

0
Monitoring Desk: Pakistan has always been under the target of biased media a textbook example of how certain groups, individuals, and countries can try...
Advertisement