Sri Lanka desires enhanced trade with Pakistan: Rohitha Bogollagama

Sri Lankan Foreign Minister Rohitha Bogollagama on Thursday said his country wants to expand bilateral trade with Pakistan from the existing $ 385 million to $ one billion.

Addressing a press conference here this evening, the Sri Lankan Foreign Minister said during his talks with the President, the Prime Minister and the Foreign Minister of Pakistan the two sides expressed the desire to forge a comprehensive economic partnership for mutual benefit.

He said in this backdrop, the two countries discussed how to make the Joint Economic Commission and the Joint Council more effective to give boost to trade and economic cooperation.

He said the two countries are discussing issuance of multiple visa for business travels to facilitate businessmen of the two countries to have more interaction.

Rohitha Bogollagama said there is great potential for cooperation in shipping and Sri Lanka was interested in utilization of Pakistani tankers for transportation of crude oil from the Middle East.

He said Sri Lanka was shortly announcing blocks for oil exploration and wants to utilize the Pakistani expertise for this purpose.

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