Agreement between UAE and Sri Lanka to strengthen economic and investment relationships

February, 13, 2025

In connection with the President's third-day visit to attend the World State Conference-2025, there was also a promotional and mutual investment security agreement to strengthen economic and investment relationships between the UAE and Sri Lanka.

The agreement was signed by the Minister of State Mohammad Bin Hadi Al Hussaini and Sri Lanka Minister of Foreign Affairs Vijitha Herath.

This bilateral agreement provides a secure legal framework for expanding investment opportunities in global markets and protecting foreign investments.

The agreement aims to facilitate foreign investments among two countries through comprehensive investment security, dispute resolution mechanics, and policy frames.

The agreement will strengthen global economic partnerships and facilitate new investment opportunities in Sri Lanka.

This emphasizes the importance of bilateral economic development and financial stability, and Memories the two countries' commitment to strengthen economic co-operation between the UAE and Sri Lanka.

This is expected to create a transparent and stable investment environment while encouraging trade and business expansion in Sri Lanka.

The agreement also emphasizes Sri Lanka's commitment to improving Foreign Direct Investment (FDI).

Also, the agreement will lead to increase investor confidence and generate new business opportunities that lead to economic growth.

This will aim to support sustainable investments and enhance trade and financial partnerships between the two countries by strengthening the long-term relationship between the UAE and Sri Lanka.

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