• Latest
  • Trending
Lanka considers Pakistan a “close and genuine friend”, Mahinda Rajapaksa tells Imran Khan

Pakistan to give Sri Lanka US$ 50 million as credit for defense projects

February 24, 2021
Electricity

Power cut schedule for today in Sri Lanka: February 4th

February 4, 2023
Whatsapp. Image credits - AARN GIRI / Unsplash

WhatsApp working on Calling shortcut feature for Android

February 3, 2023
Paris Club

Paris Club to give Sri Lanka financial assurances amid IMF debt talks – report

February 3, 2023
The first coin was officially presented to Hon. Ranil Wickremesinghe, the President of Sri Lanka by Dr. P. Nandalal Weerasinghe, Governor of CBSL at the President’s House at Kandy

Central Bank issues a Coin to mark 75th Independence Celebration of Sri Lanka

February 4, 2023
Kompanna Vidiya

No more ‘Slave Island’, it’s ‘Kompanna Vidiya’

February 3, 2023
Renaming Slave Island blots out a colonial blemish

Renaming Slave Island blots out a colonial blemish

February 3, 2023
Cows

China says it successfully cloned 3 highly productive ‘super cows’

February 3, 2023
Reserve Bank Of India (RBI)

India cenbank asks local banks for details of Adani exposure

February 2, 2023
U.S. Under Secretary of State for Political Affairs Victoria Nuland

China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

February 2, 2023
UK hit by biggest strike action in more than a decade

United Kingdom hit by biggest strike action in more than a decade

February 2, 2023
Gautam Adani

Adani loses Asia’s richest crown as stock rout deepens to $84 billion

February 2, 2023
top university in Sri Lanka

Top 20 Sri Lankan universities revealed: Webometrics

February 2, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Saturday, February 4, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Electricity

    Power cut schedule for today in Sri Lanka: February 4th

    Paris Club

    Paris Club to give Sri Lanka financial assurances amid IMF debt talks – report

    The first coin was officially presented to Hon. Ranil Wickremesinghe, the President of Sri Lanka by Dr. P. Nandalal Weerasinghe, Governor of CBSL at the President’s House at Kandy

    Central Bank issues a Coin to mark 75th Independence Celebration of Sri Lanka

    Kompanna Vidiya

    No more ‘Slave Island’, it’s ‘Kompanna Vidiya’

    Renaming Slave Island blots out a colonial blemish

    Renaming Slave Island blots out a colonial blemish

    Cows

    China says it successfully cloned 3 highly productive ‘super cows’

    Reserve Bank Of India (RBI)

    India cenbank asks local banks for details of Adani exposure

    U.S. Under Secretary of State for Political Affairs Victoria Nuland

    China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

    Gautam Adani

    Adani loses Asia’s richest crown as stock rout deepens to $84 billion

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    U.S. Under Secretary of State for Political Affairs Victoria Nuland

    China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

    UK hit by biggest strike action in more than a decade

    United Kingdom hit by biggest strike action in more than a decade

    Sri Lanka

    Sri Lanka makes top 10 in ‘Most Instagrammable Places in the World 2023’

    Bangladesh

    Bangladesh secures loans of $4.7 billion from IMF

    Chief pilot Ian Porter with wife Michelle, daughters Samantha and Sydney, who act as his co-pilots, and son Christopher.. Image credits - Samantha Porter

    The family of five flying around the world in a tiny plane

    Tory peer accused of ‘racially charged’ attack on BBC Modi documentary

    Tory peer accused of ‘racially charged’ attack on BBC Modi documentary

    Robert Clive and the taking of India

    Robert Clive and the taking of India

    Gandhi’s influence on Sri Lanka’s non-violent Independence struggle

    Gandhi’s influence on Sri Lanka’s non-violent Independence struggle

    The world is tired Of United States’ wars

    The world is tired Of United States’ wars

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pathaan

    Posters of Shah Rukh Khan’s Pathaan torn down and burnt outside cinemas in India

    Oscars 2023

    Oscars 2023: ‘Everything Everywhere All At Once’ leads nominations

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Prince William and Prince Harry arrive at the Canadian National Vimy Memorial in Vimy, France on April 9, 2017.. Image credits - Jack Taylor/Getty Images/File

    Prince Harry’s ‘Spare’ creates world record, becomes fastest selling non-fiction book

    Cocaine Bear (Credit: Universal Pictures)

    20 of the best films to watch in 2023

    Avatar

    Avatar: The Way Of Water passes USD 1B at the global box office

    (Image credit: Alamy)

    The 20 best films of 2022

    Harry and Meghan

    ‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Child. Image credits - Filip Mroz @mroz / Unsplash

    Your child’s academic success may start with their screen time as infants

    Chief pilot Ian Porter with wife Michelle, daughters Samantha and Sydney, who act as his co-pilots, and son Christopher.. Image credits - Samantha Porter

    The family of five flying around the world in a tiny plane

    Vaping

    Researchers uncover new negative effects of vaping

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    Image credits - NASA nasa / Unsplash

    Earth’s inner core may have started spinning other way

    Global citizenship and residence advisory firm Henley & Partners has released its quarterly report on the world's most desirable passports. Click on to find out which passport offers the most access in 2023. Justin Sullivan/Getty Images

    The world’s most powerful passport for 2023 revealed

    Image credits - Tetiana Bykovets tetiana_bykovets / Unsplash

    New research reveals reason why chocolate tastes so good

    NASA’s Webb telescope

    Extraterrestrial wonders: Webb Telescope detects its 1st exoplanet

    Asafoetida plant. Photo via Adobe Stock.

    The most controversial ingredient in Indian food

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    WhatsApp working on Calling shortcut feature for Android

    Child. Image credits - Filip Mroz @mroz / Unsplash

    Your child’s academic success may start with their screen time as infants

    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    WhatsApp

    5 great new features coming to WhatsApp in 2023

    Binance

    Binance is now authorised in seven EU Member States and fifteen jurisdictions worldwide

    Elon Musk

    Elon Musk breaks world record for largest loss of personal fortune in history

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Electricity

    Power cut schedule for today in Sri Lanka: February 4th

    Paris Club

    Paris Club to give Sri Lanka financial assurances amid IMF debt talks – report

    The first coin was officially presented to Hon. Ranil Wickremesinghe, the President of Sri Lanka by Dr. P. Nandalal Weerasinghe, Governor of CBSL at the President’s House at Kandy

    Central Bank issues a Coin to mark 75th Independence Celebration of Sri Lanka

    Kompanna Vidiya

    No more ‘Slave Island’, it’s ‘Kompanna Vidiya’

    Renaming Slave Island blots out a colonial blemish

    Renaming Slave Island blots out a colonial blemish

    Cows

    China says it successfully cloned 3 highly productive ‘super cows’

    Reserve Bank Of India (RBI)

    India cenbank asks local banks for details of Adani exposure

    U.S. Under Secretary of State for Political Affairs Victoria Nuland

    China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

    Gautam Adani

    Adani loses Asia’s richest crown as stock rout deepens to $84 billion

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    U.S. Under Secretary of State for Political Affairs Victoria Nuland

    China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

    UK hit by biggest strike action in more than a decade

    United Kingdom hit by biggest strike action in more than a decade

    Sri Lanka

    Sri Lanka makes top 10 in ‘Most Instagrammable Places in the World 2023’

    Bangladesh

    Bangladesh secures loans of $4.7 billion from IMF

    Chief pilot Ian Porter with wife Michelle, daughters Samantha and Sydney, who act as his co-pilots, and son Christopher.. Image credits - Samantha Porter

    The family of five flying around the world in a tiny plane

    Tory peer accused of ‘racially charged’ attack on BBC Modi documentary

    Tory peer accused of ‘racially charged’ attack on BBC Modi documentary

    Robert Clive and the taking of India

    Robert Clive and the taking of India

    Gandhi’s influence on Sri Lanka’s non-violent Independence struggle

    Gandhi’s influence on Sri Lanka’s non-violent Independence struggle

    The world is tired Of United States’ wars

    The world is tired Of United States’ wars

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pathaan

    Posters of Shah Rukh Khan’s Pathaan torn down and burnt outside cinemas in India

    Oscars 2023

    Oscars 2023: ‘Everything Everywhere All At Once’ leads nominations

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Prince William and Prince Harry arrive at the Canadian National Vimy Memorial in Vimy, France on April 9, 2017.. Image credits - Jack Taylor/Getty Images/File

    Prince Harry’s ‘Spare’ creates world record, becomes fastest selling non-fiction book

    Cocaine Bear (Credit: Universal Pictures)

    20 of the best films to watch in 2023

    Avatar

    Avatar: The Way Of Water passes USD 1B at the global box office

    (Image credit: Alamy)

    The 20 best films of 2022

    Harry and Meghan

    ‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Child. Image credits - Filip Mroz @mroz / Unsplash

    Your child’s academic success may start with their screen time as infants

    Chief pilot Ian Porter with wife Michelle, daughters Samantha and Sydney, who act as his co-pilots, and son Christopher.. Image credits - Samantha Porter

    The family of five flying around the world in a tiny plane

    Vaping

    Researchers uncover new negative effects of vaping

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    Image credits - NASA nasa / Unsplash

    Earth’s inner core may have started spinning other way

    Global citizenship and residence advisory firm Henley & Partners has released its quarterly report on the world's most desirable passports. Click on to find out which passport offers the most access in 2023. Justin Sullivan/Getty Images

    The world’s most powerful passport for 2023 revealed

    Image credits - Tetiana Bykovets tetiana_bykovets / Unsplash

    New research reveals reason why chocolate tastes so good

    NASA’s Webb telescope

    Extraterrestrial wonders: Webb Telescope detects its 1st exoplanet

    Asafoetida plant. Photo via Adobe Stock.

    The most controversial ingredient in Indian food

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Whatsapp. Image credits - AARN GIRI / Unsplash

    WhatsApp working on Calling shortcut feature for Android

    Child. Image credits - Filip Mroz @mroz / Unsplash

    Your child’s academic success may start with their screen time as infants

    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    WhatsApp

    5 great new features coming to WhatsApp in 2023

    Binance

    Binance is now authorised in seven EU Member States and fifteen jurisdictions worldwide

    Elon Musk

    Elon Musk breaks world record for largest loss of personal fortune in history

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Business

Pakistan to give Sri Lanka US$ 50 million as credit for defense projects

Editor by Editor
February 24, 2021
in Business, Defense, Development news, Education, Pakistan, Religion, Sri Lanka, Terrorism, Top Story, United Nations
Reading Time: 5 mins read
6 1
A A
Lanka considers Pakistan a “close and genuine friend”, Mahinda Rajapaksa tells Imran Khan

Imran Khan in talks with Mahinda Rajapaksa. Official photo.

Share on WhatsApp

By P.K.Balachandran

Colombo, February 24: The Pakistan Prime Minister Imran Khan has pledged a US$ 50 million credit line for Sri Lankan defense projects, the Joint Communique issued on Wednesday at the end of his two-day visit to Sri Lanka said.

The communique also said that efforts will be made to increase bilateral trade to US$ 1 billion. Presently it is about US$ 460 million while the potential is stated to be US$ 2.7 billion.

ADVERTISEMENT

Defense

On defense, both sides expressed satisfaction at the existing bilateral cooperation in the field of defense, and noted that the elevation of staff-level talks to Defense Dialogue has further provided an opportunity to expand security sector relations.

“Prime Minister Imran Khan announced a new US$ 50 million defense credit line facility.  The two sides stressed the need for stronger partnership for supporting and coordinating with each other in dealing with matters related to security, terrorism, organized crime and drug and narcotic trafficking as well as intelligence-sharing,” the communique said.  

Trade Enhancement

In order to explore new avenues for enhancing bilateral trade and investment between the two countries, a high-level Pakistan-Sri Lanka Trade and Investment Conference was held on 24 February. The Conference provided an opportunity for effective and meaningful engagement between the business communities of the two countries.

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 Lank Free Trade Agreement.

BRI and CPEC

Stressing regional connectivity, the Pakistan Prime Minister highlighted the opportunities presented by China-Pakistan Economic Corridor (CPEC), a flagship project of the Chinese Belt and Road Initiative (BRI), for regional economic growth and prosperity.

Medical Scholarships

The Pakistan side announced 100 scholarships in the field of medicine (MBBS and BDS) as part of the Pakistan-Sri Lanka Higher Education Cooperation Program (PSLHECP). The Sri Lankan side appreciated the cooperation being extended by Pakistan in human resource development and capacity building.

Asian Civilization Centre

“While realizing the existence of great potential of religious tourism to Buddhist archeological sites and noting the close ancient and cultural ties dating back to Gandhara civilization, the two sides underscored the importance of enhancing cooperation in the field of tourism and highlighted the benefits of sharing expertise in the hospitality industry, including training and capacity building.  

“The Pakistan side announced its initiative of establishing Asian Civilization and Culture Centre at University of Peradeniya, Kandy. Both sides recognized the importance of enhancing air connectivity to promote people-to-people contact, tourism, trade and culture,” the communique said.

A Memorandum of Understanding (MOU) on tourism promotion and cooperation between Board of Investment of Sri Lanka and the Board of Investment of Pakistan were signed. Another MoU envisaged cooperation between the Industrial Technology Institute (ITI) of Sri Lanka and the International Centre for Chemical and Biological Sciences, University of Karachi, Pakistan. Cooperation between Industrial Technology Institute of Sri Lanka and COMSATS University Islamabad was the subject matter of yet another MoU. The University of Colombo and Lahore School of Economics have agreed to collaborate.

Parliamentary Friendship

Prime Minister Imran Khan and Prime Minister Mahinda Rajapaksa jointly acknowledged the reconstitution of the Sri Lanka-Pakistan Parliamentary Friendship Association. Both sides underscored the need to strengthen parliamentary cooperation between the two sides.

“Imran Khan Sports Center’

The Pakistan Prime Minister Imran Khan, in his efforts to strengthen sports diplomacy, participated at an interactive session with the sports community of Sri Lanka on Wednesday.  At this event, Sri Lanka’s Minister of Sports and Youth Namal Rajapaksa, in the presence of the Parliament 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 (US$ 327,916) for promotion of sports in Sri Lanka, including through training and equipment.

Inter-religious Dialogue

Both sides underlined the importance of inter-religious dialogue and harmony as a key to promote cultural diversity, peaceful co-existence and mutual empathy.

International Cooperation

The two sides noted the close cooperation between the two countries at regional and international fora on issues of mutual interest, and agreed to further strengthen a coordinated approach on such matters.

SAARC

Both sides reiterated their commitment to the principles and objectives of the SAARC Charter and stressed the need of SAARC Member countries to build on convergences, for greater good of the people in the region.

They also stressed the need to convene the Charter Based bodies and agreed to take forward the SAARC process for further strengthening regional cooperation to achieve prosperity in the region.

Peaceful Resolution of Disputes

Discussing the developments in regional and global environment the two sides reaffirmed their joint commitment to regional peace, security and stability. Prime Minister Imran Khan underscored the need for peaceful resolution of outstanding disputes through constructive dialogue in accordance with international legitimacy.

COVID-19

Discussing the unprecedented challenges posed by COVID- 19, the two sides underscored the need for collective efforts to deal with the pandemic. Sri Lanka thanked Pakistan for the tremendous assistance extended to the repatriation of stranded Sri Lankans in Pakistan since the outbreak of the pandemic.

Frequent Meetings

Both sides reached broad consensus on ways and means to further strengthen cooperation in a comprehensive manner and agreed to hold frequent meetings; promote high-level and delegation-level exchanges; and enhance the process of consultations, cooperation and coordination between their respective institutions.

Prime Minister Imran Khan reiterated Pakistan’s support for the socio-economic development of Sri Lanka in line with the vision of a “peaceful neighborhood”, the communique said.

While reiterating the commitment of the new government to further strengthen the bilateral relations, the Prime Minister of Sri Lanka Mahinda Rajapaksa thanked the government and the people of Pakistan for the constant support extended by Pakistan to safeguard the independence, sovereignty and territorial integrity of Sri Lanka.

The Prime Minister of Pakistan extended an invitation to the President and the Prime Minister of Sri Lanka to visit Pakistan at their earliest convenience. He thanked Prime Minister Mahinda Rajapaksa for the warm hospitality extended to him and his delegation.   

END

Tags: BRICPECImran Khan. Mahinda RajapaksaJoint CommuniquePakistanSri LankaTrade

Related Posts

Electricity
Around South Asia

Power cut schedule for today in Sri Lanka: February 4th

February 4, 2023
Paris Club
Around South Asia

Paris Club to give Sri Lanka financial assurances amid IMF debt talks – report

February 3, 2023
The first coin was officially presented to Hon. Ranil Wickremesinghe, the President of Sri Lanka by Dr. P. Nandalal Weerasinghe, Governor of CBSL at the President’s House at Kandy
Around South Asia

Central Bank issues a Coin to mark 75th Independence Celebration of Sri Lanka

February 4, 2023
Kompanna Vidiya
Around South Asia

No more ‘Slave Island’, it’s ‘Kompanna Vidiya’

February 3, 2023
Renaming Slave Island blots out a colonial blemish
Around South Asia

Renaming Slave Island blots out a colonial blemish

February 3, 2023
U.S. Under Secretary of State for Political Affairs Victoria Nuland
Around South Asia

China has not done enough on Sri Lanka debt restructuring – U.S. diplomat

February 2, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: February 4th

    58747 shares
    Share 23517 Tweet 14679
  • Registration open for National Fuel Pass

    6625 shares
    Share 2687 Tweet 1641
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    1680 shares
    Share 679 Tweet 417
  • WATCH : Yohani’s first live performance in India

    789 shares
    Share 328 Tweet 192
  • Power interruption schedule released: Check your area power cut time

    747 shares
    Share 325 Tweet 176
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- Sağlık Personeli - mersin escort - Antalya korsan taksi