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

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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