The Embassy of Sri Lanka in Cairo organized a meeting with the officials of the Alexandria Business Association(ABA) on 18th October 2023 at the ABA headquarters. Mr. Mohamed Hanno, Chairman of the Board of Directors, and Dr. Mohamed Muharram, Vice Chairman of the Board of Directors, received H.E Mr. M.K. Pathmanaathan, Ambassador of Sri Lanka to Egypt, and Mr. Kasun Balasooriya, Second Secretary Commercial of the Embassy.
At the meeting Mr. Mohamed Hanno, ABA Chairman, and Dr. Mohamed Mehrem, ABA Vice Chairman, welcomed the Ambassador and the team from the Embassy of Sri Lanka with the aim of encouraging trade, economic, and investment cooperation between the two countries in various areas. H.E. Mr. M.K. Pathmanaathan explained the political and economic recessions faced by Sri Lanka since 2020 and the current economic reforms taking place in various areas such as agriculture, tourism, trade, and business. Adding more to his remarks, Ambassador Pathmanaathan stated that the situation started to change rapidly towards a positive direction due to the reforms implemented by the government under the new President. His Excellency also mentioned that the diplomatic relations between Egypt and Sri Lanka had begun since 1956 and confirmed that there are smooth Egyptian-Sri Lankan trade relations. During his remarks, Mr. Mohamed Hanno confirmed that ABA looks forward to developing more cooperation with Sri Lanka through the members of ABA.