Pakistan and Sri Lanka on Wednesday established a Joint Working Group on IT and Digital Economy to collaborate in emerging technologies and digital transformation.
During the 13th Session of the Joint Economic Commission (JEC) held in Colombo, both countries reaffirmed their commitment to strengthening bilateral economic relations further and expanding cooperation across multiple sectors.
Special Assistant to the Prime Minister Haroon Akhtar Khan is leading the Pakistani delegation.
The two countries have a longstanding bilateral relationship in several fields, and the meeting on Wednesday noted that the need of the hour was to move ahead and develop collaborations in advanced and innovative technologies.
Discussions were held on expanding industrial collaboration and increasing bilateral trade, with Sri Lanka inviting Pakistani pharmaceutical companies to explore investment opportunities.
Both countries expressed consensus on strengthening cooperation in the SME sector, recognising its vital role in economic growth and employment generation.
It was noted that significant progress was made in the agriculture and livestock sectors, including discussions on meat and seed trade.
Advancements were also reported in finalising procedures for the export of Sri Lankan pineapple and avocado to Pakistan.
Reference Link:- https://www.dawn.com/news/1969670
