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President calls for expanding Pak-Sri Lanka bilateral trade

10 February 2012 06:25 pm - 0     - {{hitsCtrl.values.hits}}

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President Asif Ali Zardari Friday called for stepping up efforts to fully realize the potential of Free Trade Agreement with Sri Lanka and building a mutually beneficial economic and trade partnership to jack up the bilateral trade from current $375 million to $2 billion target in the next three years.

The President urged for further exploring the currency swap agreement with Sri Lanka, which, he said would provide huge incentives to business houses in both the countries to actively explore and enhance business linkages as they use local currencies for trade. The President said this during one-to-one meeting with his Sri Lankan counterpart, President Mahinda Rajapaksa followed by delegation level talks here at the Aiwan-e-Sadr. (Source: The Nation, Pakistan)
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