President urged to visit Saudi Arabia to promote trade

President Maithripala Sirisena was today urged to visit Saudi Arabia with a business delegation to promote trade and investments.

One of the leading international entrepreneurs, Prince Alwaleed bin Talal bin Abdulaziz al Saud called on President Sirisena today (July 4) at the Presidential Secretariat.

The Prince, who is a leading Saudi businessman, investor and philanthropist and a member of the Saudi royal family, said that he was quite impressed with Sri Lanka’s growing economy and said that he would explore the possibility of making heavy investments in several sectors including tourism.

He said Sri Lanka has immense potential in tourism as a country that has many things to offer from greenery, history, culture, beaches and most hospitable people.

President Sirisena thanked the government of Saudi Arabia for the development assistance given over the years and said the Sri Lankan work force of more than 400,000 in Saudi Arabia is a great strength to the economy.

He thanked Prince Alwaleed bin Talal bin Abdulaziz, a well-known philanthropist, for generous assistance provided for flood victims in Sri Lanka.

The Prince said he would promote Sri Lanka as a investment destination and suggested that President Sirisena visit Saudi Arabia with a business delegation to promote trade and investment.

Prince Alwaleed bin Talal bin Abdulaziz was accompanied by his wife and a large delegation. Foreign Minister Ravi Karunanayake and Sri Lanka Ambassador in Saudi Arabia Azim Thassim were also present during the discussion. (Colombo Gazette)

2 COMMENTS

  1. Saudi king’s son Mohammed bin Salman (31 years old) is new crown prince- The defence minister who started the new investment of $100 billion at London for innovation in IT.- the largest in the world with Japanese bank headed by Indian.
    While 62 year old Al-Waleed Bin Talal bin Abdulaziz al Saud .
    is no better than the – Saudi ex-crown prince , Saudi Arabian Crown Prince Mohammed bin Nayef rumored to be on lockdown.57-year-old Mohammed bin Nayef, has been banned from leaving the grounds of his Jiddah palace and the kingdom overall.Sources say bin Salman guards now patrol bin Nayef’s palace. “It’s an indication … MBS does not want any opposition,”

  2. Loop De Loop- there is nothing called a free lunch even at a theocracy.
    it wil never stops the coffins come home while wisecracks pakistan and india have banned their women go and even voted in favour diego garcia resolution. saudi voted in favour.

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