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New Business Framework to Connect Sri Lankan and Maldivian Companies

New Business Framework to Connect Sri Lankan and Maldivian Companies

Businesses in Sri Lanka and the Maldives will have a new platform to explore trade, investment and commercial partnerships.

The Ceylon Chamber of Commerce and the Maldives Business Chamber have signed a Memorandum of Understanding (MoU) to build closer business links between the two markets.

The agreement will help companies find business partners and explore new trade and investment opportunities. It will also support business missions and networking activities.

More opportunities for businesses

The two chambers will share market information to help companies understand opportunities in both markets.

They will also support cooperation across sectors where businesses have common interests.

These include tourism, logistics, construction, healthcare, food and agriculture, financial services and professional services.

For companies looking to enter a new market, access to local business contacts and market information can help reduce some of the challenges involved.

The new framework will give businesses a direct channel to explore such connections through the two chambers.

Support for regional expansion

The agreement also gives a wider role to the Sri Lanka-Maldives Business Council of the Ceylon Chamber of Commerce.

The council connects businesses, supports discussions and promotes commercial partnerships between the two markets.

The MoU was signed by Krishan Balendra, Chairperson of the Ceylon Chamber of Commerce, and Ahmed Amjad, President of the Maldives Business Chamber.

Trade Minister Wasantha Samarasinghe and Maldives High Commissioner to Sri Lanka Masood Imad attended the signing.

The next step will be to turn the agreement into practical business activities. These could include networking programs, business missions and market information initiatives.

Such activities could give companies in both markets more opportunities to find partners, explore investments and expand their regional presence.

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Last modified: August 12, 2026