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
02
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

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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