Pakistan and Sri Lanka trade has more than doubled in the last few years and has crossed $400 million but the potential exists to take it much higher, said Sri Lankan Consul General in Karachi, D W Jinadasa.
He said this at a reception hosted by Pakistan-Sri Lanka Business Forum President Tarek Moinuddin Khan in honour of the 18-member delegation currently visiting Karachi to participate in the 7th Expo Pakistan Exhibition.
The Consul General said Sri Lanka is a growing market with great potential, and invited Pakistani businessmen to explore the opportunities presented by Sri Lanka. The Sri Lankan diplomat further said that of late there has been renewed interest shown by Pakistani businessmen in the tourism industry and real estate development of his country.
Leader of the Sri Lankan delegation, Rohitha Thilakaratne said he was happy to be in Pakistan once again. He said more than 25 Pakistani companies are operating in Sri Lanka.
He said the 18 members of his delegation were here to promote bilateral trade besides developing staunch economic and social links. Thilakaratne said the delegation was showcasing food, spices and coconut products, besides, industrial material and rubber tyres at the 7th Expo Pakistan.
Khan, in his address, welcomed the Sri Lankan delegation and said much more can be done to reflect the close relations between the two countries. He added that trade relations between both countries would continue to improve, reported The News International.