SL-Saudi Arabia Pledge Deeper Ties; New Business Council on the Cards 📈

• Foreign Minister Herath met Saudi FM Prince Faisal in Riyadh to strengthen bilateral political and economic cooperation. • Minister Herath highlighted Sri Lanka’s investment-friendly climate and invited Saudi investors to explore opportunities across key sectors. • Key Outcome: The first-ever Sri Lanka–Saudi Arabia Business Council is set to be established between the Federations of Chambers of both countries. • This new Council is designed to enhance private sector engagement and serve as a platform to promote trade and investment. • The meeting also marked the 50th anniversary of diplomatic relations between the two nations.