RIYADH: Sri Lanka and Saudi Arabia have established their Joint Business Council, marking a major step toward strengthening economic cooperation between the two countries while celebrating 50 years of their diplomatic relations.
Sri Lanka Ambassador to Saudi Arabia Ameer Ajwad told Arab News Thursday: “This is a historic moment in our bilateral relations. The joint business council is launched now as we commemorate 50 years of our diplomatic relations.”
The first ever Sri Lanka-Saudi Arabia Business Council was launched on Tuesday by a memorandum of understanding signed in Riyadh between the Federation of Chambers of Commerce and Industry of Sri Lanka and the Federation of Saudi Chambers in the presence of Minister of Foreign Affairs, Foreign Employment and Tourism of Sri Lanka Vijitha Herath.
The ambassador and the chairman of the Saudi Chambers of Commerce, Hassan Al-Huwaizi, exchanged the MoU co-signed by the president of the Federation of Chambers of Commerce and Industry of Sri Lanka, Keerthi Gunawardane, who participated virtually.
Chairman of the Saudi–Sri Lanka Business Council Abdul Hadi Alqarni and the executive members of the Council were also present during the launch.
