Sri Lanka and Saudi Arabia Prioritize Economic Ties

COLOMBO (News 1st); The Minister of Economy and Planning for the Kingdom of Saudi Arabia, Faisal F. Alibrahim, met with President Ranil Wickremesinghe on Monday (27) at the President's Office.

During the discussions, Minister Faisal F. Alibrahim emphasized Saudi Arabia’s keen interest in strengthening economic ties with Sri Lanka across various sectors, including garments and tourism.

He elucidated that his government was focused on expanding economic relations within the region and regarded Sri Lanka with significant importance.

President Ranil Wickremesinghe welcomed the Minister’s comments, asserting that Sri Lanka is actively promoting enhanced cooperation in Asia, including West Asia. 

He further highlighted that the tourism and agriculture sectors were areas open to greater investment, as the country is committed to modernizing these domains.