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| Monday, 14 February 2005 |
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NCCSL seminar on Lanka-Pakistan Free Trade Agreement Sri Lanka and Pakistan have signed a bilateral Free Trade Agreement in order to expand and develop trade between the two countries. Currently Pakistan is the second largest trade partner of Sri Lanka among SAARC countries. The value of trade between these two countries amounts to SLR 10.4 billion comprising SLR 6.5 billion imports from Pakistan and SLR 3.5 billion exports from Sri Lanka. The major exports from Sri Lanka are edible fruits and nuts, tea, spices, oil seeds, vegetable, rubber and rubber products. The major imports from Pakistan to Sri Lanka are cereals and edible fruits, pharmaceutical products, plastic products, rawhides, cotton and fabric, iron and steel, machinery and sports items. For the purpose of educating the business community and others of this new initiative the National Chamber of Commerce of Sri Lanka (NCCSL) is organising a seminar on Wednesday, March 2, at Galle Face Hotel from 9 a.m. to 12.30 p.m. The contents and operational activities of the agreement, and benefits to both Sri Lanka and Pakistan will be discussed. A presentation by a current exporter to Pakistan explaining the obstacles to be over come is also included. The half day seminar will be of interest to all exporters, importers, as well as chambers, trade associations, government officials and academics. |
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