During a three day visit to Pakistan, Sri Lanka's president, Mahinda Rajapaksa, signed 3 memorandums with his counterpart in Pakistan, Asif Ali Zardari, on trade, technical education and media.
The trade agreement, includes Pakistan offering an export credit line of $200 million, in order for Sri Lanka to import machinery and equipment. In exchange Pakistan would import goods, such as food.
According to the Indian newspaper, The Times of India, Pakistan remains on of Sri Lanka's key suppliers of military hardware, and Colombo is considering an offer from Islamabad for the training of intelligence operatives and police officials.