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Sunday, November 17, 2013 - 05.38 GMT

Pakistan offers to set up Sugar mills in Sri Lanka


The Prime Minister of Pakistan Muhammad Nawaz Sharif called on President Mahinda Rajapaksa at President's House on Thursday evening.

Prime Minister Sharif congratulated President Rajapaksa on successful hosting of CHOGM 2013.

Commending the economic growth achieved by Sri Lanka since the end of the civil war in 2009, the Prime Minister appreciated the leadership of President Rajapaksa for successfully eliminating terrorism from the country.

During the meeting, both leaders agreed to further strengthen economic ties, especially increasing bilateral trade volume from present US$ 460 million to US$ 1 billion in the next few years. They also agreed that bilateral flow of investments could play an important role in boosting economic relations.

In response to Sri Lankan President's offer to invest in the sugar sector, the Prime Minister of Pakistan offered that Pakistan's government or the private sector could setup sugar mills in Sri Lanka.

This meeting between the two leaders which is the second one during that last two months will give significant boost to the already strong bilateral ties between the two countries, Pakistan High Commission said in a statement.

The Prime Minister was accompanied by Special Assistant to the Prime Minister on Foreign Affairs Tariq Fatemi, Minister of State for Information Technology and Telecommunications Ms. Anusha Rahman Ahmad Khan, Foreign Secretary Jalil Abbas Jilani, and High Commissioner of Pakistan in Colombo Major General (R) Qasim Qureshi.






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Last modified: November 17, 2013.

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