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Maldives


Maldives to reach FTA with India soon, says Minister
The Maldives is moving forward with finalizing a free trade agreement (FTA) with India, despite recent concerns raised by New Delhi about potential revenue losses for the Maldives from similar deals with other nations, particularly China.
India reportedly unsettled over China-Maldives FTA
India worries about China-Maldives FTA potential impact on Maldives’ financial stability and has hinted that this could influence India’s future financial aid policy towards the island nation. This comes despite recent financial assistance from India to the Maldives.
India reviews support to Maldives as Male’s China FTA comes into force
India is reconsidering its financial aid to the Maldives after the island nation implemented a free trade agreement with China, leading to potential revenue losses.
China-Maldives free trade agreement to take effect
The China-Maldives Free Trade Agreement is set to take effect on Jan 1, 2025, China’s Ministry of Commerce said in a statement
India and Maldives discussing a free trade agreement
India and Maldives have started discussions for a free trade agreement, Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu said.
Maldives-Türkiye FTA drawn up, awaiting Turkish parliament approval
The Maldives-Türkiye Free Trade Agreement has been drawn up, Minister of Economic Development and Trade Mohamed Saeed has confirmed. The Preferential Trade Agreement for the FTA was finalised.
Maldives oppposition warns FTA with China imperils economic sovereignty
If tariffs are eliminated for Chinese goods, Maldives will be forced to import exclusively from China as goods from other countries would not be able to compete against cheaper Chinese goods.
Maldives and China to commence FTA in September
Maldives on Tuesday said it has begun efforts to establish a Chinese bank in the country and announced that the implementation of the FTA between the archipelago nation and China is set to commence in September.
China’s Free Trade Agreement will not present any benefits to Maldives: Fayyaz
The Maldives is facing a political divide over a newly signed Free Trade Agreement (FTA) with China. The government anticipates increased exports and economic growth due to duty exemptions on various products. However, the opposition MDP argues that the FTA will primarily benefit China, leading to an influx of Chinese goods and potential harm to local businesses.
Maldives President thanks India for debt relief, hopes for free trade deal
Maldives President Mohamed Muizzu thanked India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
US-Maldives TIFA Council meeting held in Washington
The third meeting of the US-Maldives Trade and Investment Framework Agreement (TIFA) Council took place in Washington, DC.
Maldives Minister says India seeking a free trade deal with island nation
Maldivian Minister Mohamed Saeed has said that India has initiated efforts to create a Free Trade Agreement with the island nation, and discussions on the same are ongoing.
Negotiations on Maldives-UK free trade agreement to commence
The government of Maldives has welcomed the announcement by the government of the United Kingdom, to commence negotiations for a Free Trade Agreement between the two countries.
The FTA being put on hold worries the Chinese enterprises that intend to do businesses in Maldives
The fact that the China-Maldives Free Trade Agreement has not come into effect causes worries for the Chinese enterprises that intend to do businesses in Maldives, has stated the Chines Ambassador to Maldives.
State to review FTA with China before implementation: Minister Fayyaz
Maldives Minister of Economic Development Fayyaz Ismail, asserted the incumbent administrations intention to review the free trade agreement signed with China during the presidency of Abdulla Yameen Abdul Gayoom.
Ex-pres did not wish to implement China-Maldives FTA, claims Nasheed
Former President of the Maldives, and Speaker of the Parliament Mohamed Nasheed has stated that former president Abdulla Yameen Abdul Gayyoom did not want to implement the Free Trade Agreement between Maldives and China.
Chinese envoy in Maldives pushes back on ‘debt trap,’ free trade agreement concerns
The Chinese envoy rejected the characterization of a 2017 free trade agreement between Male and Beijing by the incumbent speaker of the house and former president.
Maldives to not proceed with free trade agreement with China
Indicating a toughening of its stance against Beijing, Maldivian Parliament’s Speaker categorically rejected that the archipelago will sign a trade agreement with China.
Nasheed hints move to scrap China FTA
The Maldives government could pull out of the free trade agreement with China, former president and Speaker of the Parliament Mohamed Nasheed has hinted.
Maldives ruling party pledges probe into Chinese deals after landslide win
Maldives former president Mohamed Nasheed, whose party won a landslide in the archipelago’s parliamentary election, on Tuesday pledged to conduct a thorough probe into deals with China.