FCCISL, Pakistan Chamber to establish Joint Business Council

MOU: The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have signed a Memorandum of Understanding on the establishment of a Joint Business Council (JBC) during the visit of President Mahinda Rajapaksa to Pakistan.

This has been mooted since the business representatives of both Sri Lanka and Pakistan feel the need to establish a cooperative body on a private initiative so as to bring closer together the business communities of the two countries, said President, FCCISL Nawaz Rajabdeen.

This JBC would provide a forum for more systematic business promotional activities in trade, investment, technology transfer, services and other industrial sectors.

The JBC agreement will also provide a regular and recognized platform for discussions on promotion of these activities between businessmen and industrialists of the two countries.

FPCCI officials will visit Amman Jordan from May 9 on the invitation of the Jordan Chamber of Commerce to sign MoU for the establishment of Pakistan - Jordan Joint Business Council.