Pakistan pledges US$ 50 m Defence Line facility | Daily News
Visit of Prime Minister Imran Khan concludes:

Pakistan pledges US$ 50 m Defence Line facility

100 scholarships for medical undergrads:
PKR 52 m for sports development:
US$ 1 billion trade target envisaged:
Prime Minister of Pakistan Imran Khan who was on a two-day official visit to Sri Lanka called on President Gotabaya Rajapaksa at the Presidential Secretariat yesterday morning (24). Picture courtesy President’s Media Division
Prime Minister of Pakistan Imran Khan who was on a two-day official visit to Sri Lanka called on President Gotabaya Rajapaksa at the Presidential Secretariat yesterday morning (24). Picture courtesy President’s Media Division

Visiting Pakistan Prime Minister Imran Khan while stressing strong cooperation in dealing with matters related to security, terrorism and organized crime has announced a new US$ 50 million Defence Credit Line facility to Sri Lanka during his visit to Sri Lanka.

Both countries have also expressed satisfaction at the existing bilateral cooperation in the field of defence and noted that the elevation of staff-level talks to a Defence Dialogue has further provided an opportunity to expand security sector relations.

The Government of Pakistan has also announced 100 scholarships for Sri Lankan students in the fields of medicine as part of the Pakistan – Sri Lanka Higher Education Cooperation Programme, a joint communiqué issued by the Foreign Ministry on the visit of Pakistan Prime Minister Imran Khan said.

The Pakistani government has also announced its initiative of establishing Asian Civilization and Culture Centre at University of Peradeniya while recognizing the importance of enhancing air connectivity to promote people-to-people contact, tourism, trade and culture between the two nations.

“The two sides stressed the importance of realizing the goal of achieving US$ 1 billion bilateral trade target and also agreed to work towards broadening and deepening of Pakistan-Sri Lanka Free Trade Agreement”, the joint communiqué said.

Both Prime Minister Imran Khan and Prime Minister Mahinda Rajapaksa have acknowledged the reconstitution of the Sri Lanka-Pakistan Parliamentary Friendship Association.

The visiting prime minister in his efforts to strengthen sports diplomacy participated at an interactive session with the sports community of Sri Lanka yesterday. At this event, Minister of Sports and Youth Namal Rajapaksa, in the presence of the Speaker Mahinda Yapa Abeywardane, announced the commissioning of the “Imran Khan High Performance Sports Centre” in Colombo. The Pakistan side announced its decision to provide PKR 52 million for the promotion of sports in Sri Lanka, including through training and equipment.

The formal meeting between the Prime Minister of Pakistan Imran Khan who was on a two-day official visit to Sri Lanka and President Gotabaya Rajapaksa took place at the Presidential Secretariat yesterday morning. The two leaders exchanged views on sharing technical knowhow in order to promote agriculture in both countries.

The two leaders stated that it is their objective to develop an agricultural economy while ensuring a higher revenue for the farmer and a fair price for consumers. The agricultural economy in Pakistan is quite similar to that of Sri Lanka, the Pakistani Prime Minister observed.

Pakistan is a main player in the export sector of Sri Lanka. President Gotabaya Rajapaksa and Pakistani Prime Minister Imran Khan paid attention to steps that need to be taken to promote trade and expansion of investment opportunities between the two countries.

The two leaders also focused on several areas of mutual interest including sharing technical knowledge.

Foreign Minister of Pakistan Makhdoom Shah Mahmood Qureshi, Adviser to Prime Minister for Commerce and Investment Abdul Razak Dawood, Special Assistant on Overseas Pakistanis Zulfiqar Hussain Bukhari, Foreign Secretary of Pakistan Sohail Mahmood, High Commissioner of Pakistan to Sri Lanka Maj. Gen. (Retd) Muhammad Saad Khattak, Foreign Minister Dinesh Gunawardena, Minister in Attendance Ali Sabry, PC, Secretary to the President Dr.P.B.Jayasundera, Principal Advisor to the President Lalith Weeratunga and Foreign Secretary Admiral Prof. Jayanath Colombage participated in the bilateral discussions.