Pakistan-Sri Lanka trade to reach US $ 500 m

(30.11.2010)       US $ 250 m export credit line to Sri Lanka:Anjana Samarasinghe and Charumini de SilvaThe Trade between Sri Lanka and Pakistan is to reach US $ 0.5 billion within the next five years. Pakistan President Asif Ali Zardari addressing the Sri Lanka - Pakistan Business Forum 2010 yesterday said the two countries have had a good relationship as good friends and partners in the region.

“With the restoration of peace; the sky is the limit for Sri Lanka. This is a unique situation for Sri Lanka to recover. Sri Lanka will recover gradually and Pakistan will sincerely assist Sri Lanka,” he said.

He also called for a barter trade with Sri Lanka rather than depending on dollar-denominated trade.