Srilanka, Feb. 14 -- Sri Lanka and the UAE reached an agreement on Reciprocal Promotion and Protection of Investments to strengthen economic and investment relations between the two countries.

The agreement was signed by UAE's Financial Affairs State Minister Mohamed Bin Hadi Al-Hussaini and Foreign Affairs Minister Vijitha Herath coinciding with the President's three-day official visit to the United Arab Emirates (UAE) to attend the World Governments Summit 2025.

This bilateral agreement establishes a secure legal framework to expand investment opportunities in global markets while ensuring the protection of foreign investments.

The purpose of this agreement is to facilitate and strengthen foreign investments between the two nations ...