Skip to main content

Sri Lanka and Afghanistan sign a historic MOU on cooperation to expand bilateral trade ties

The CEOs of the Afghanistan Chamber of Commerce and Investment (ACCI) Sayed Zaman Hashemi and the Ceylon Chamber of Commerce Manjula de Silva virtually signed a historic Memorandum of Understanding on Cooperation between the two chambers. The MOU provides for establishment of an Afghanistan-Sri Lanka Trade Desk within both Chambers, helping implement both sides’ shared commercial goals. The two CEOs exchanged views on numerous business and investment opportunities in Afghanistan and Sri Lanka, taking into account the existing low volume of bilateral trade, and pledged to work with the Embassies of Afghanistan and Sri Lanka in Colombo and in Kabul to implement the MOU for realizing the vast trade and investment potential that exists between the two South Asian nations. The sides agreed to hold regular webinars, including major investors, to exchange business ideas and to discuss the specifics of investment opportunities in agribusiness (tea, coconut oil, saffron, fresh fruits & dried nuts), services (skilled/unskilled labor), logistics, textiles (garments, carpets and rugs), gemstones (precious and semi-precious stones), tourism, medical tourism, higher education tourism, as well as other sectors of mutual investment interest.

The Ambassador of Afghanistan to Sri Lanka, H.E. Ashraf Haidari, witnessed the signing ceremony at the Offices of the Ceylon Chamber of Commerce.