COLOMBO: International Minister Shah Mahmood Qureshi and his Sri Lankan counterpart Dinesh Gunawardena on Wednesday underscored the necessity to increase Pakistan-Sri Lanka Free Commerce Settlement (FTA) to understand the complete potential of bilateral commerce.
In a gathering held in Colombo, the 2 International Ministers reviewed the entire gamut of bilateral relations and agreed to work intently to additional strengthen ties and improve cooperation in various fields.
Qureshi harassed the significance Pakistan connected to its relations with Sri Lanka in additional strengthening the multifaceted cooperation.
He stated Prime Minister Imran Khan’s go to to Sri Lanka was reflective of the precedence accorded to this relationship.
Underscoring the necessity to improve bilateral commerce and funding, International Minister Qureshi expressed satisfaction on the progress made in the course of the lately held conferences of the twelfth Joint Financial Fee (JEC) and seventh Commerce Secretary Stage talks.
He welcomed the convening of the “Commerce and Funding Convention” collectively chaired by Prime Minister Imran Khan and Prime Minister Mahinda Rajapaksa.
Within the context of financial connectivity, International Minister Qureshi highlighted that China-Pakistan Financial Hall (CPEC), a flagship mission of the Belt and Street Initiative (BRI), might be a sport changer for the complete area.
The International Minister additionally highlighted the mutual profit that linking of Gwadar Port in Pakistan to the Sri Lankan Ports may carry to each the international locations. He invited Sri Lanka to profit from Gwadar Port for an easy accessibility to the Central Asian markets.
International Minister Qureshi, noting the shut conventional and cultural ties between the 2 international locations, proposed on selling spiritual tourism.
He welcomed the reconstitution of Sri Lanka-Pakistan Parliamentary Friendship Group in Sri Lankan Parliament and underscored the significance of normal parliamentary exchanges to strengthen bilateral cooperation in various fields.
International Minister Qureshi said that Pakistan was a key companion of Sri Lanka in human useful resource growth. On this regard, he highlighted the Pakistan-Sri Lanka Larger Training Cooperation Programme (PSLHECP).
He additionally appreciated the Sri Lankan cricket workforce’s go to that led to the return of worldwide cricket to Pakistan.
Qureshi shared Pakistan’s perspective on main problems with regional and worldwide significance.
The 2 International Ministers re-affirmed the dedication for shut cooperation on the regional and worldwide fora, together with the UN and SAARC.