Consul General of Sri Lanka, V.S. Sidhat Kumar said Sri Lanka believes in market-oriented policies for helping increase export trade. In a meeting with members of SITE Association of Industry (SAI) Kumar said that the bilateral trade between both countries has been strengthened through increase in number of products which amount to 4000 that can be imported from Sri Lanka under final phase of Free Trade Agreement (FTA) effective from March 20, 2009.

Pakistan has become second largest trade partner for Sri Lanka in South Asian region. Trade between two countries increased to $270 million in 2008. Only export of valued- added textile has reached more than $100 million.

There is also a great demand for Pakistani products. Pakistan can export cotton yarns and fabrics, knitted or crocheted fabrics, other made-up textile articles, articles of apparel and clothing accessories etc.