Lankan Ranger
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Pakistan & Sri Lanka to enhance economic cooperation
Pakistan & Sri Lanka have identified cement, sugar, dairy production, chemical plants, textiles, tourism, and pharmaceutical as potential areas of mutually beneficial collaborative projects in Sri Lanka.
Minister of State and Chairman Board of Investment (BOI) Saleem Mandviwalla who is presently on a visit to Sri Lanka to explore the possibility of enhanced commercial and economic cooperation between the two friendly countries met the Acting Minister for External Affairs and apprised him of the purpose of his visit, says a press release received here on Monday.
He mentioned that with peace restored in Sri Lanka, Pakistani investors were looking forward to invest in mutually beneficial business ventures in Sri Lanka.
In this regard, he also briefed the Minister on Pakistans proposal for extension of a Buyers Credit Facility to Sri Lanka, which would help enhance Sri Lankas manufacturing capability.
He also appreciated Sri Lankas timely assistance to Pakistan in the wake of the recent catastrophic floods in the country.
The Acting Foreign minister appreciated Pakistans desire for increased economic and commercial linkages between the two countries and highlighted the scope of religious tourism from Sri Lanka to Pakistan.
The two also agreed on stepping up existing cooperation and add more economic substance to the traditional friendly ties.
The visiting Pakistani dignitary also met the Minister for Economic Development, Basil Rajapaksa, for a detailed exchange of views on enhancing the economic ties between Sri Lanka and Pakistan.
Mandviwalla also briefed Mr. Basil Rajapaksa about the structure and working of the Board of Investment in Pakistan.
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Pakistan to enhance economic cooperation with S.Lanka
Pakistan & Sri Lanka have identified cement, sugar, dairy production, chemical plants, textiles, tourism, and pharmaceutical as potential areas of mutually beneficial collaborative projects in Sri Lanka.
Minister of State and Chairman Board of Investment (BOI) Saleem Mandviwalla who is presently on a visit to Sri Lanka to explore the possibility of enhanced commercial and economic cooperation between the two friendly countries met the Acting Minister for External Affairs and apprised him of the purpose of his visit, says a press release received here on Monday.
He mentioned that with peace restored in Sri Lanka, Pakistani investors were looking forward to invest in mutually beneficial business ventures in Sri Lanka.
In this regard, he also briefed the Minister on Pakistans proposal for extension of a Buyers Credit Facility to Sri Lanka, which would help enhance Sri Lankas manufacturing capability.
He also appreciated Sri Lankas timely assistance to Pakistan in the wake of the recent catastrophic floods in the country.
The Acting Foreign minister appreciated Pakistans desire for increased economic and commercial linkages between the two countries and highlighted the scope of religious tourism from Sri Lanka to Pakistan.
The two also agreed on stepping up existing cooperation and add more economic substance to the traditional friendly ties.
The visiting Pakistani dignitary also met the Minister for Economic Development, Basil Rajapaksa, for a detailed exchange of views on enhancing the economic ties between Sri Lanka and Pakistan.
Mandviwalla also briefed Mr. Basil Rajapaksa about the structure and working of the Board of Investment in Pakistan.
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Pakistan to enhance economic cooperation with S.Lanka
