Connect with us

Hi, what are you looking for?

Latest News
• No plans to protest against ECP, we respect it: Fawad Chaudhary • We are asking ECP to make decisions above and beyond constitution, we are saying that ECP’s independence should be evident: Fawad Chaudhary • PM did not legally need to take vote of confidence but he is the only one courageous enough to do that: Fawad Chaudhary • ECP dejected on the statement of PM: ECP handout • We cannot ignore laws and regulations to please anyone: ECP handout • ECP follows constitution: ECP handout • Army chief, DG ISI meet PM Imran Khan • ECC to assess Ramzan relief package • Govt. has not planned on buying vaccine yet: PAC • IHC expects PDMA response on private schools fee hike petitions • Justice Mansoor Ali Shah stresses on quick justice for workers in labor courts • Establishment Division suspends Sialkot DC, DPO over disappearing during Daska election • Islamabad, Rawalpindi record highest number of Covid cases, deaths since December • LHC takes notice of land acquisition despite stay in Ravi riverfront project • Smart lockdown imposed in 12 more areas of Lahore • NAB summons Capt. (retd.) Safdar on 10th with record • PMA warns against relieving Covid restrictions • Mullah Mansour properties case subsides after his death • HBL signs MoU with Akhuwat to provide Shariah compliant housing finance • Govt. proposes Tech city in KP • PSX collapses after finance minister loses Senate contest • NA panels resists govt. bill to impose electricity surcharge required by IMF • No change in govt’s position on Kashmir dispute: FO • PMA urges govt. to impose Covid restriction as third wave looms • PCB’s failure to ensure Covid protocols led to postponement: Sethi • Turkish general, 8 others killed in helicopter crash • EU drops plan to censure Tehran IAEA • French court acquits ex-PM Balladur of Karachi corruption trial
News Alert
    • Covid Updates: 1,579 cases reported while 52 deaths recorded in last 24 hrs
    • Currently, 17,117 cases are active in the country
    • The death toll stands at 13,123 in Pakistan
    • 1,527 people recovered in last 24 hrs
    • The positivity rate increased to 4.16%
    • PM Khan to take vote of confidence on Saturday
    • Drap approves Sinopharm vaccine safe for people above 60 years

Economy

Pakistan & Sri Lanka to reactivate JWGs

Move aimed at resolving technical issues pending between two trading partners

ISLAMABAD:

Pakistan and Sri Lanka have agreed to reactivate the forum of Joint Working Groups (JWGs) for redressal of technical issues pending between the two trading partners for prompting trade liberalisation to increase bilateral trade between both the countries.

It was decided to conduct the next JWG meeting during the first half of 2021, said a press release issued by the Ministry of Commerce on Saturday. The seventh session of commerce secretaries’ level talks, hosted by Pakistan, was held virtually in Islamabad between the Democratic Socialist Republic of Sri Lanka and the Islamic Republic of Pakistan. The delegates from both sides engaged in productive and meaningful discussions on strengthening trade ties and resolving issues impeding trade.

From Pakistan’s side the delegation was led by Ministry of Commerce Special Secretary Muhammad Sohail Rajput, while Ministry of Trade Secretary JM Bhadranie Jayawardhana steered the Sri Lankan side.

Both sides further agreed to enhance cooperation in trade related matters so that the true potential of the free trade agreement could be effectively exploited. The secretaries of the two sides agreed to the text of Memorandum of Understanding (MoU) in the field of investment and resolved that it will usher in new avenues of bilateral investment.

The meeting concluded with the commitment to expand and cement bilateral relationships between the two countries. The Sri Lankan side acknowledged that Pakistan has been a long standing trading partner, a closer ally and shared that Sri Lanka is eagerly looking forward to the upcoming visit of the Pakistani prime minister to Colombo.

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Who will win the Chairman Senate slot?

Facebook

International

Ghana becomes the first country to receive World Health Organization’s first Covax vaccine sharing initiative batch. The World Health Organization (WHO) programme aims to...

Politics

Five seats go to the leading PTI and opposition PML-N each and one to PML-Q.

National

Pakistan might be retained by FATF yet again due to the anti-money laundering and terror financing laws not being fully compliant with global standards.

National

During PSL-6 (domestic cricket T20 tournament) matches, a team of 20 specially trained armed men and women have been assigned to provide security.

Copyright © 2021 The Truth International