Lankans to discover Pakistan’s business potential at investors’ conference

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in collaboration with the Pakistan Board of Investment is organizing an international investors conference to promote and enhance investment and trade ties between Pakistan and participating countries including Sri Lanka.

The conference will be held in Islamabad early next year on the theme ‘Discover the Business Potential of Pakistan.’ The meeting’s objective is to build and strengthen effective public-private partnership mechanisms for capacity building, through enhanced networking, entrepreneurial mentorship and information exchange between and among trade policy-makers, investment promotion agencies, relevant multilateral organizations, research and academic institutions as well as private sector partners. The Pakistan government’s policy on foreign investment and trade would be highlighted, including the privatization and regulatory programme.

Pakistan is the second largest trading partner of Sri Lanka within the South Asian region. Sri Lanka was the first country to sign a Free Trade Agreement (FTA) with Pakistan. Under the FTA, Sri Lanka and Pakistan have agreed to offer preferential market access to each others exports by way of granting tariff concessions. The level of bilateral trade between Pakistan and Sri Lanka increased as a result of the FTA.