Sri Lanka Embassy in Riyadh holds webinar to promote bilateral trade

Sri Lanka Embassy in Riyadh holds webinar to promote bilateral trade

Sri Lanka Embassy in Riyadh holds webinar to promote bilateral trade

Source:-www.ft.lk

The Embassy of Sri Lanka in Riyadh in collaboration with the Eastern Province Chamber of Commerce (Asharqia Chamber) in Dammam, Saudi Arabia, Export Development Board and the Foreign Ministry of Sri Lanka, organised a webinar on promoting bilateral trade between Sri Lanka and the Kingdom of Saudi Arabia on 14 September with the participation of more than 100 companies from both countries. 

Asharqia Chamber of Commerce Board of Directors Chairman Abdulhakim Alkhaldi welcomed the participants and assured the extension of the fullest support of the Chamber to the Sri Lankan exporters in providing necessary coordination with the Saudi importers to improve the business relations between both countries.

In his opening remarks, Sri Lanka Foreign Ministry Additional Secretary (Economic Affairs) P.M. Amza mentioned that this program will enhance the trade and investment relations between the two countries. He further expressed his gratitude towards all the stake holders who organised this event. 

Sri Lanka Export Development Board Director (Marketing) Anoma Premathilake made a comprehensive presentation on Sri Lankan export products. The presentation covered a variety of Sri Lankan products and export companies which can cater the Saudi market and also a brief introduction of the sector wise representation of the Sri Lankan companies.

Presentations were also made by Mohmmed Radwan from Asharqia Chamber and Majid-Al Mula from the Ministry of investment of Saudi Arabia on the investment and trade climate in Saudi Arabia. 

Radwan’s presentation was based on Saudi Economy and trade relations between Sri Lanka and Saudi Arabia with a briefing on Asharqia Chamber and its activities which currently have more than 100,000 members. He has invited Sri Lankan companies to register themselves at the special trade portal the Chamber has created to facilitate business linkage with Saudi and Sri Lankan companies. Majid, in his presentation, explained the investment opportunities in Saudi Arabia and serviced provided by the Saudi Government for investors.

The closing remarks were made by Sri Lanka Embassy in Riyadh Minister (Commerce) Sanjeewa Pattiwila.

This webinar, is the first of this nature organised by the Embassy of Sri Lanka with the support of the Eastern Province Chamber of Commerce. The participants were very keen on exploring business possibilities in both countries. The Mission aims to increase the total trade by introducing the correct partners from Saudi business community. 

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