Pakistan seeks to boost trade with Sri Lanka to US$ 2 billion
The High Commission of Pakistan in Colombo held the first virtual business forum in collaboration with Sri Lanka Export Development Board (SLEDB) to enhance awareness regarding trade and investment opportunities between the two friendly countries on 18th September, 2020
The High Commission of Pakistan in Colombo held the first virtual business forum in collaboration with Sri Lanka Export Development Board (SLEDB) to enhance awareness regarding trade and investment opportunities between the two friendly countries on 18th September, 2020.
In his remarks at the inaugural session, the High Commissioner of Pakistan to Sri Lanka, Major General (Retd.) Muhammad Saad Khattak, appreciated the initiative taken by Prabhash Subasinghe, Chairman of Sri Lanka Export Development Board (SLEDB) and his team in jointly organizing the webinar.
The High Commissioner emphasized that although bilateral trade volume between Pakistan and Sri Lanka had witnessed a steady increase over the years, there is however an estimated potential to enhance the current volume of US$ 460 million to over US$ 2 billion. For this reason, he stressed the urgent need to take practical steps in overcoming constraints on both sides and to enhance business-to-business linkages, especially through organizing such online forums considering the current scenario of Covid-19 pandemic.
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