Pakistan to offer Sri Lanka $15 million credit line for defence cooperation: FM Qureshi

Author: Web Desk

Foreign Minister Shah Mehmood Qureshi stated that defence and security cooperation to eradicate the threat of terrorism is of equal importance to Pakistan and Sri Lanka.

Regarding this, he added that Pakistan has offered Sri Lanka $15 million to enhance defence and security cooperation to end terrorism.

FM Qureshi said that Pakistan is standing side by side with Sri Lanka as a partner for the development of human resources, security cooperation, fighting terrorism, development and prosperity. The foreign minister is currently visiting Sri Lanka with Prime Minister Imran Khan on a two-day official trip. He shared an update on reaching Colombo on his Twitter a day earlier.

Qureshi said Pakistan has transformed its geo-political priorities into geo-economic priorities.

He said that the visit will focus on the enhancement of bilateral trade and investment with Sri Lanka.

We have decided to give 100 scholarships to Sri Lankan students in top medical institutes of Pakistan, Qureshi said.

On February 23, Prime Minister Imran Khan reached Sri Lanka on his two-day visit. The premier’s visit comes on the invitation of his counterpart Mahinda Rajapaksa.

Imran Khan along with his delegation landed at Bandranaike International Airport in Colombo. The PM was presented with the Guard of Honour on his arrival.

Share
Leave a Comment

Recent Posts

  • Business

BMP for lowering production cost to promote industrialization, enhance exports

The Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Businessmen Panel (BMP) has called…

5 hours ago
  • Business

‘Govt should withstand resistance to broadening tax base’

The tax evaders and black economy mafia bosses are putting a strong resistance to the…

5 hours ago
  • Business

PFC to take part in Riyadh Intel expo

Pakistan Furniture Council (PFC) will take part in a 3-day Riyadh international expo starting from…

5 hours ago
  • Business

PPL Adhi Field’s operational parameters, safety protocols inspected

Chairman of Oil and Gas Regulatory Authority (OGRA) Masroor Khan, along with Mr. Zain-ul-Abideen Qureshi…

5 hours ago
  • Business

Tarbela 5th Extension Hydropower project to supply 1.347 bln units annually

Tarbela 5th Extension Hydropower Project will supply 1.347 billion low-cost and environment-friendly units annually to…

5 hours ago
  • Business

KP exporters demand incentives over export of goods to Afghanistan, CAR in Pak currency

All Khyber Pakhtunkhwa Exporters Association has demanded of government to announce incentives over exporting of…

5 hours ago