High level Pakistan trade delegation leaves for Colombo
A high level Pak trade delegation led by President SAARC Chamber of Commerce and Industry,Tariq Sayeed left for Colombo Wednesday to participate in chambers competition to be held on June 27.
Deputy leader of the delegation VP SAARC CCI, Pakistan chapter,Iftikhar Ali Malik told this evening that it is great honour for Pakistan that Tariq Sayeed,a Pakistani business leader and SCCI Chief have especially been invited to inaugurate the chambers competition, a prestigious event organised by the Federation of Chambers of Commerce and Industry Sri Lanka at Colombo on Friday (June 27).
Sri Lanka attached great important to private sector of Pakistan in the region and signed free trade agreement with Pakistan on August 01,2002 followed by singing of the protocol on Feb 09,2005 and full implementation of the free trade agreement on June 12,2005.
Another member of the delegation Shahzad Ali Malik,Chief Executive Guard Rice said that Pakistan has granted tariff rate quota (TRO) arrangements to Sri Lanka for export of 10,000 MT tea,1,200 MT betel leaves and 3 million pieces garments every financial year (July-June) while Sri Lanka has granted TRO arrangements to Pakistan for export of 6,000 MT Basmati Rice and 1,000 MT Potatoes for every calender year .
However,import of potatoes is permitted only during the off-season period in Sri Lanka.
The pak delegation will return home on July 29.
Extracted from,
http://www.daily.pk/business/businessnews/55-businessnews
Deputy leader of the delegation VP SAARC CCI, Pakistan chapter,Iftikhar Ali Malik told this evening that it is great honour for Pakistan that Tariq Sayeed,a Pakistani business leader and SCCI Chief have especially been invited to inaugurate the chambers competition, a prestigious event organised by the Federation of Chambers of Commerce and Industry Sri Lanka at Colombo on Friday (June 27).
Sri Lanka attached great important to private sector of Pakistan in the region and signed free trade agreement with Pakistan on August 01,2002 followed by singing of the protocol on Feb 09,2005 and full implementation of the free trade agreement on June 12,2005.
Another member of the delegation Shahzad Ali Malik,Chief Executive Guard Rice said that Pakistan has granted tariff rate quota (TRO) arrangements to Sri Lanka for export of 10,000 MT tea,1,200 MT betel leaves and 3 million pieces garments every financial year (July-June) while Sri Lanka has granted TRO arrangements to Pakistan for export of 6,000 MT Basmati Rice and 1,000 MT Potatoes for every calender year .
However,import of potatoes is permitted only during the off-season period in Sri Lanka.
The pak delegation will return home on July 29.
Extracted from,
http://www.daily.pk/business/businessnews/55-businessnews
1 comment:
Pakistan should arrange more trips to boost the business.
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