rapa
02-16-2007, 12:21 PM
Sri Lanka and Pakistan have signed a Memorandum of Understanding (MOU) affirming that the Boards of Investment of both countries have agreed to jointly create a favourable environment for the promotion of investment in all sectors.
Secretary to Sri Lanka’s Ministry of Enterprise Development and Investment Promotion T. Hewage and head of Pakistan’s Board of Investment (BOI) Talat Mian signed the MOU in Islamabad on Wednesday.
The MOU said both sides have agreed to exchange information on investment policies and projects, share information on investment and related areas, undertake research and development, and organize investment seminars and conference in the two countries.
Minister for Enterprise Development and Investment Promotion Dr. Sarath Amunugama said after the signing of the MOU, “There exist vast opportunities for investors of both the countries for exploiting the situation by enhancing mutual cooperation in the region.”
A delegation, led by Dr. Amunugama and including Minister of Enterprise Development Mano Wijeratne, Mr. Hewage, Sri Lanka BOI Chairman Prof. Lakshman R. Watawala, BOI Executive Director for Research Dr. Nihal Samarappuli, and BOI Executive Director for Promotion Duminda Ariyasinghe ,was also present at the occasion.
Secretary to Sri Lanka’s Ministry of Enterprise Development and Investment Promotion T. Hewage and head of Pakistan’s Board of Investment (BOI) Talat Mian signed the MOU in Islamabad on Wednesday.
The MOU said both sides have agreed to exchange information on investment policies and projects, share information on investment and related areas, undertake research and development, and organize investment seminars and conference in the two countries.
Minister for Enterprise Development and Investment Promotion Dr. Sarath Amunugama said after the signing of the MOU, “There exist vast opportunities for investors of both the countries for exploiting the situation by enhancing mutual cooperation in the region.”
A delegation, led by Dr. Amunugama and including Minister of Enterprise Development Mano Wijeratne, Mr. Hewage, Sri Lanka BOI Chairman Prof. Lakshman R. Watawala, BOI Executive Director for Research Dr. Nihal Samarappuli, and BOI Executive Director for Promotion Duminda Ariyasinghe ,was also present at the occasion.