Thu Dec 14 2017, 3:41:13 +03

Pakistan, Sri Lanka agreed to boost defence and trade ties

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(Colombo-AlummahWorld, Rabi`I 26, 1437, January 6, 2016) Pakistan and Sri Lanka agreed on Tuesday on reinvigorating bilateral ties with focus on enhanced cooperation in trade, defence production, science and technology, and tourism.

Pakistani Prime Minister Muhammad Nawaz Sharif is on an official visit to Sri Lanka where he was greeted by Sri Lankan President Maithripala Sirisena.

In an interaction with media after delegation-level talks and signing of bilateral accords at the President’s Secretariat, the two leaders stressed the need for fully exploiting their friendship for the development and prosperity of their peoples.

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PM Sharif mentioned the commonalities of views shared during the talks as the two sides agreed on pursuing multi-faceted interaction. He said Sri Lanka had been a strong and steadfast friend of Pakistan which had stood by it in difficult moments and added “we remain eternally grateful to the people and government of this beautiful island state”.

He said Sri Lanka enjoyed exceptional position for being the first country with which Pakistan entered into a Free Trade Agreement.

PM Sharif reiterated Pakistan’s offer to set up cement and sugar plants in Sri Lanka and appreciated the participation of Sri Lankan Navy in annual exercises with Pakistan Navy.

Pakistan is fighting challenges including energy crisis and terrorism:

Meanwhile, addressing Sri Lanka’s Institute of International Relations and Strategic StudiesNawaz Sharif has said that Pakistan is fighting many challenges including energy crisis and terrorism. He said that terrorist hideouts in the country had been eradicated. He added that Pakistan’s economy has been stabilized and the improvement has been appreciated world over.

PM Sharif said that Pakistan and Sri Lanka share great friendly relations. He said that Pakistan has been facing terrorism for the last 30 years but the terrorist hideouts have now been destroyed and major achievements have been made.

"Pakistan’s GDP growth has reached 5% and budget deficit has been reduced to 6%. “International monetary institutions are appreciating Pakistan’s economic revival”, he said.

Referring relations with India Mr. Sharif noted that “I had visited New Delhi for better relations with India because peace, and not collision. I told India that we have to fight poverty, ignorance and unemployment together”.

Pakistan single country exhibition in Colombo:
Prime Minister Nawaz Sharif and his Sri Lankan counterpart Ranil Wickrem­esinghe on Tuesday launched the "Pakistan Single Country Exhibition 2016", aimed at tapping business potential of the two countries.

Addressing a gathering of businessmen in Colombo at Prime Minister’s House, commonly known as Temple Trees, Mr Sharif invited the Sri Lankan businessmen to invest in different sectors of Pakistan.

The exhibition, to be held in Bandaranaike Memorial International Conference Hall (BMICH) from Jan 15 to 17, would provide a useful platform to further enhance the excellent commercial and bilateral relations, he said.

He termed it a timely opportunity for Sri Lankan businessmen to benefit from the vibrant and progressive economy of Pakistan.

The Sri Lankan premier said both countries enjoyed strong political relationship, but he stressed that the economic relationship needed to be strengthened.