Friday, May 25, 2007

Trade between Pakistan, Sri Lanka to touch 1 bn dollar in next 5 years: High Commissioner for Pakistan

Bilateral trade between Pakistan and Sri Lanka is rapidly growing and will reach one billion dollar mark in the next five years, High commissioner for Pakistan to Sri Lanka Shahzad A. Chaudhry said.

Speaking at a programme organized by the National Chamber of Exporters in Colombo the other day, he said there is a sharp increase in bilateral trade after signing of Free Trade Agreement (FTA) between the two countries in 2005.

According to a message received here, he said trade, which was around 35 million dollars before signing the Memorandum of Understanding (MoU), now crossed 200 million dollar mark.

Read more,
http://www.app.com.pk/en/index.php?option=com_content&task=view&id=9577&Itemid=2

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