(UTV|COLOMBO) – Pakistan is the only single market for Sri Lanka’s betel leaves and imports 5,000 to 6,000 MT of betel leaves annually. There is also an annual increase. In addition the other exports from Sri Lanka to Pakistan are coconuts, textiles, rice, chemicals, natural rubber, rubber gloves, tea and spices.
Sri Lanka imports from Pakistan are cotton fabrics, Portland cement Machinery, chemical fertilizers, medicaments, plastics and transportation equipment. Pakistan is the second largest trading partner of Sri Lanka in the SAARC region. The value of total trade between the two countries has increased from US $ 158 million in 2005 to US $ 423.06 million in 2017.
In a bid to increase exports to Pakistan the National Chamber is organizing the Meet the High Commissioner of Pakistan event on April 25 from 3 p.m. to 5 p.m. on the theme “Bilateral Trade between Sri Lanka and Pakistan.” He will be accompanied by the Commercial Counsellor of the High Commission. The participants will get an opportunity to have a close dialogue with the High Commissioner and other officials of the High Commission and get information on trade matters and services available for Sri Lankans. Textiles and apparel account for most of Pakistan’s export earnings.
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