Pakistan’s Investment in Sri Lanka

There is a Bilateral Investment Treaty between the two countries signed on 20th December 1997 which came into force on 1st May 2000.

Double Taxation Avoidance Agreement between the two countries was signed on 05th October 1981.

In addition, both Sri Lanka and Pakistan are covered by the SARRC Multilateral Treaty signed on 13th October 2005 which came into effect from 2011/2012 onwards.

Sri Lanka has received around US$ 10 million cumulative FDI from Pakistan during 2005-2023 period.

Pakistan’s Investment in Sri Lanka (2005 – 2021)- Values in US$ Mn

Year	Investment	Change (%)
2005	0.15	-
2006	1.12	648.67
2007	0.53	-52.8
2008	1.29	143.96
2009	0.47	-63.73
2010	0.45	-3.41
2011	3.08	579.47
2012	0.32	-89.77
2013	0.33	5.71
2014	1.52	355.26
2015	-	-100
2016	0.65	100
2017	0.05	-92.62
2018	-	-100
2019	-	-
2020	0.048	-
2021	0.119	147.92
2022	-	-
2023	-	-
2005 – 2023	10.13	10.13

Source: Board of Investment, Sri Lanka