Cairo Chamber of Commerce is discussing with the Sri Lankan embassy means of supporting bilateral economic relations and increasing the volume of joint trade exchange.

This was revealed during a visit to the chamber by Sri Lanka's ambassador to Cairo, M.K Pathmanaathan, to explore new ways to expand joint cooperation in various economic fields.

Ahmed Al-Wasimi emphasized the importance of increasing trade and investment exchange between the two countries. He said that Egypt has excellent investment opportunities that the Sri Lankan side should take advantage of, citing the Egyptian political leadership's support for investment and investors, as well as the package of incentives available to them.

Sameh Zaki said that the Egyptian market has a wide range of goods that the Sri Lankan market can benefit from, citing international agreements that facilitate trade movement between the two countries. He also mentioned the Egyptian government's support for Egyptian exports to various markets.

while Major General Salah Al-Abd stressed the need to benefit from the ambassador's visit to the Cairo Chamber and to organize direct meetings between the Chamber’s members and the business community in Sri Lanka to discuss ways of cooperation during the coming period in order to raise the rates of joint trade exchange, which is in the interest of the two countries ’economies.

The Sri Lankan ambassador, for his part, said that his country has historical ties with Egypt, which are evolving in various fields due to the desire of the two countries' leaders to improve bilateral relations.

He added that the trade exchange between Egypt and Sri Lanka has witnessed a remarkable recovery recently, noting that Sri Lanka has exported large quantities of its products, most notably tea, coconut, spices and rubber products to the Egyptian market. In return, Egypt was able to export large quantities of its products, the most important of which are fresh fruits, oils and electrical appliances to the Sri Lankan market.