• Imran proposes establishing trade links as exist among EU members
• MoUs signed for cooperation in tourism, education
• Both sides highlight need for realising $1bn bilateral trade potential
COLOMBO: Pakistan has offered a $50 million new credit line to Sri Lanka for cooperation in the field of defence and security.
The announcement was made by Prime Minister Imran Khan, who concluded his two-day official visit to the island nation, said a joint communique issued by the foreign ministries of the two countries from Colombo and Islamabad on Wednesday.
The two sides called for stronger partnership in matters related to security, terrorism, organised crime and drug and narcotics trafficking as well as intelligence-sharing, according to the joint communique. They also noted that the elevation of staff-level talks to defence dialogue had provided an opportunity to expand security sector relations.
Pakistan, Sri Lanka Hope to Achieve $1bn Bilateral Trade Target
Pakistan, Sri Lanka Hope to Achieve $1bn Bilateral Trade Target
Courtesy PID
P.M. Khan describes Colombo as ‘special friend’ of Islamabad and offers $50 million credit line for cooperation in defense and security fields
Pakistan and Sri Lanka on Wednesday stressed the importance of achieving $1 billion bilateral trade, with both sides agreeing to work toward broadening and deepening the Pakistan-Sri Lanka Free Trade Agreement.
In a joint communique issued by the foreign ministries of both countries at the conclusion of Prime Minister Imran Khan’s two-day visit to Sri Lanka, they noted that the Pakistan-Sri Lanka Trade and Investment Conference had reiterated the importance of strengthening economic relations in key areas of mutual interest. They also pledged to diversify trade and investment between both nations, it added.
By News Desk
ISLAMABAD/COLOMBO: Prime Minister Imran Khan on Wednesday said he offered the Indian government a chance to holds peace talks with Pakistan after getting elected, but nothing came out of it
The premier said Kashmir is the only dispute between Pakistan and India, adding that it can only be resolved through dialogue.
The prime minister made these remarks while addressing the Pakistan-Sri Lanka Trade and Investment Conference in Colombo, which he co-chaired with his Sri Lankan counterpart Mahinda Rajapaksa.
The conference was organised in a bid to explore avenues of collaboration in diverse fields between the two counties.
Nothing came out of talks offer to India: PM thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Pakistan offers $50m credit line to Sri Lanka for defence ties - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.