Home / Knowledge / News / VP of FPCCI seeks win-win trade climate with Sri Lanka
VP of FPCCI seeks win-win trade climate with Sri Lanka
Jun '08
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 Mr. Muhammad Farooq Dadabhoy Vice President FPCCI in a meeting with the Sri-Lanka Trade Delegation at Federation House Karachi

Mr. Muhammad Farooq Dadabhoy Vice President further stated that there will be a win - win situation for both the countries under FTA increasing the bilateral trade and economic relations manifold.

Presently the trade volume is in favour of Pakistan which is likely to be little balanced through FTA. He further 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.

He suggested that Pakistan Sri Lanka should make a joint study to identify such potential areas where they complement each other.

He said that Pakistan can make use of the sri-Lankan expertise in various sectors particularly in tourism, pharmaceutical, ready garments etc while Sri Lanka can have advantage for competitive import from Pakistan particularly rice, fruits, leather, surgical and sports goods etc.

The Vice President also highly appreciated the literacy rate of Sri Lanka which is almost 92.7%.

The leader of Sri Lanka Trade Delegation Mr. S P S Ranatunga made a presentation on Economy of Sri-Lanka and briefed the house about the economic changes taking place in Sri Lanka.

He offered Pakistan companies for investment in Sri Lanka which is being considered a lucrative market having good infrastructure and skilled labour.

Federation of Pakistan Chambers of Commerce and Industry

Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search