{"id":132402,"date":"2024-03-21T17:18:27","date_gmt":"2024-03-21T17:18:27","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=132402"},"modified":"2024-03-21T17:19:28","modified_gmt":"2024-03-21T17:19:28","slug":"sri-lankan-envoy-keen-to-enhance-trade-up-to-800m-with-pakistan-by-imran-ali-kundi","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/sri-lankan-envoy-keen-to-enhance-trade-up-to-800m-with-pakistan-by-imran-ali-kundi\/","title":{"rendered":"Sri Lankan envoy keen to enhance trade up to $800m with Pakistan-by Imran Ali Kundi"},"content":{"rendered":"<h2 style=\"text-align: center;\"><span style=\"color: #000000;\">Sri Lankan envoy keen to enhance trade up to $800m with Pakistan-by <span style=\"color: #800080;\">Imran Ali Kundi<\/span><\/span><\/h2>\n<p><a href=\"https:\/\/www.nation.com.pk\/20-Mar-2024\/sri-lankan-envoy-keen-to-enhance-trade-up-to-dollar-800m-with-pakistan\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-49618 size-full\" src=\"https:\/\/www.nation.com.pk\/print_images\/large\/2024-03-20\/sri-lankan-envoy-keen-to-enhance-trade-up-to-dollar-800m-with-pakistan-1710895623-4276.jpg\" alt=\"elanka\" width=\"600\" height=\"341\" \/><\/a><\/p>\n<p><strong><span style=\"font-size: 16px; color: #800000;\">Source:<\/span><\/strong><span style=\"color: #000000;\"><a style=\"color: #000000; font-size: 16px;\" href=\"https:\/\/www.nation.com.pk\/20-Mar-2024\/sri-lankan-envoy-keen-to-enhance-trade-up-to-dollar-800m-with-pakistan\" target=\"_blank\" rel=\"noopener noreferrer\">Nation<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-size: 16px;\">ISLAMABAD\u00a0 &#8211;\u00a0 High Commissioner of Sri Lanka to Paki\u00adstan, Ravindra Chandrasiri Wijegunara\u00adtne has said that he is keen to enhance the bilateral trade between Pakistan and Sri Lanka up to $800 million, for which the potential in various sectors in both countries has to be exploited.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-size: 16px;\">At present, the bilateral trade poten\u00adtial between the two countries is $1 bil\u00adlion, which is achievable, but he is com\u00admitted to take the bilateral trade to the target of $800 million during his tenure. The high commissioner said this while talking to a delegation of Islamabad Chamber of Commerce and Industry (ICCI) led by its President Ahsan Zafar Bakhtawari. Former President of Islam\u00adabad Chamber of Commerce and Indus\u00adtry and United Business Group, FPCCI Secretary General, Zafar Bakhtawari and Executive Member of ICCI, Amir Hamza were also included in the delegation.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><!--more--><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-size: 16px;\">The envoy said that the bilateral trade between the two countries was $400 million last year, which was less than that of $510 million in 2018. He added that Pakistan and Sri Lanka signed a Free Trade Agreement in 2005, which was Pakistan\u2019s first FTA with any country. He said that there are multiple cooperation opportunities between the two countries especially in agriculture, industry, tourism and religious tourism. The envoy further said that geo-strate\u00adgically Pakistan is of utmost importance especially its land link with Central Asia and that its economic integration is also very useful for Sri Lanka. He expressed the hope that strengthening of econom\u00adic and trade relations between Pakistan and Sri Lanka will take the bilateral trade between the two countries to a higher level once again. The high com\u00admissioner said that at one time Paki\u00adstan used to import 70 percent of tea from Sri Lanka, which has now reduced to 2 percent, which needs to be in\u00adcreased. The envoy went on to say that Pakistan\u2019s Basmati Rice and Citrus are very popular in Sri Lanka so Pakistan\u2019s trade in this field can be increased.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-size: 16px;\">He said that Pakistan has many op\u00adportunities in religious tourism for Sri Lankans, saying there are Buddha relics from Khyber Pakhtunkhwa to Taxila. He said that 5 flights are coming to Karachi and Lahore every week from Sri Lanka, which can have a good impact on tour\u00adism and trade. He further said that a ceremony will be held at the beginning of the new year of Sri Lanka on April 24, and a\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.nation.com.pk\/tag\/sri%20lankan\">Sri Lankan<\/a>\u00a0restaurant will be opened in any major city including Is\u00adlamabad and Lahore. On this occasion, Islamabad Chamber of Commerce and Industry President Ahsan Zafar Bakhta\u00adwari said that the Free Trade Agree\u00adment between Pakistan and Sri Lanka was signed in 2005, but its true poten\u00adtial has not been exploited. He said that by introducing new ideas in the mutual trade between Pakistan and Sri Lanka, some new sectors have to be explored so that the volume of mutual trade can be enhanced accordingly.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000; font-size: 16px;\">Ahsan Zafar Bakhtawari highlighted that in recognition of\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.nation.com.pk\/tag\/sri%20lankan\">Sri Lankan<\/a>\u00a0en\u00advoy\u2019s services to strengthen two coun\u00adtries relations he was honoured by Nishan-e-Imtiaz, the highest civil award of Pakistan during his career. He ex\u00adpressed the hope that now the envoy in his position will take the two countries\u2019 ties to new heights. The ICCI president said that he wanted to take a delegation of businessmen from Islamabad Cham\u00adber of Commerce to Sri Lanka as soon as possible so that the business com\u00admunities of the two countries would have an opportunity to come closer to each other. On this occasion, former President Islamabad Chamber of Com\u00admerce and Industry and United Busi\u00adness Group, Secretary General of FPCCI, Zafar Bakhtawari said that Pakistan and Sri Lanka are two important countries of South Asia which are historically connected in deep rooted relations.<\/span><\/p>\n<p><span style=\"text-decoration: underline; color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/websitedesigns.com.au\/elankanew\/elanka-newsletter-sign-up\/\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"font-size: 18px;\">Click here to receive your free copy of the eLanka Newsletter twice a week delivered directly\u00a0to\u00a0your\u00a0inbox!<\/span><\/strong><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lankan envoy keen to enhance trade up to $800m with Pakistan-by Imran Ali Kundi Source:Nation ISLAMABAD\u00a0 &#8211;\u00a0 High Commissioner of Sri Lanka to Paki\u00adstan, Ravindra Chandrasiri Wijegunara\u00adtne has said that he is keen to enhance the bilateral trade between Pakistan and Sri Lanka up to $800 million, for which the potential in various sectors [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":132404,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[62680,62681,58394],"class_list":{"0":"post-132402","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-ahsan-zafar-bakhtawari","9":"tag-amir-hamza","10":"tag-ravindra-chandrasiri-wijegunaratne","11":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sri Lankan envoy keen to enhance trade up to $800m with Pakistan-by Imran Ali Kundi<\/title>\n<meta name=\"description\" content=\"ISLAMABAD\u00a0 -\u00a0 High Commissioner of Sri 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