Pakistan prime minister Nawaz Sharif (L) poses with Sri Lanka prime minister Mahinda Rajapaksa during a banquet dinner for the Commonwealth Heads of Government Meeting (CHOGM) in Colombo November 16, 2013. PHOTO: REUTERS
Pakistan has offered to set up sugar mills in Sri Lanka, the offer was made by Prime Minister Nawaz Sharif in response to Sri Lankan President Mahinda Rajapakse’s desire to invest in the sugar sector during their meeting in Colombo.
During the meeting, both the leaders agreed to further strengthen economic ties and stressed on increasing bilateral trade volume from the present $460 million to $1 billion in the next few years.
They also agreed that bilateral flow of investments could play an important role in boosting economic relations.
The meeting between the two leaders which is the second one during the last two months will give significant boost to the already strong bilateral ties between the two countries.
The prime minister congratulated President Rajapakse on successfully hosting the Commonwealth Heads of Government Meeting 2013.
Published in The Express Tribune, November 17th, 2013.
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