Friday, May 30, 2008

Pak, Lanka trade to be supplemented by FTA

The bilateral trade relations between Pakistan and Sri Lanka will be supplemented under FTA between the two countries which have a great potential.

It was stated by Muhammad Farooq Dadabhoy Vice President, Federation of Pakistan Chamber of Commerce and Industry in a meeting with the Sri-Lanka Trade Delegation at Federation House here, says FPCCI release on Thursday.

Mr. Dadabhoy further stated that there will be a win- win situation for both the countries under FTA .

The bilateral trade and economic relations could be increased manifold. Presently the trade volume is in favour of Pakistan which is likely to be little balanced through FTA .

He stated that under SAFTA and particularly FTA between the two countries of SAARC region will not only promote bilateral trade but also contribute in promotion of intra-regional trade.

Vice President FPCCI while briefing the trade delegation about the activities of FPCCI suggested for aggressive marketing of Sri-Lankan commodities in Pakistan particularly tea , service sector, tourism and education.

Read more,
http://www.pakistantimes.net/2008/05/30/business2.htm

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