News FTA / india Maldives Impact 7.0/10 2 min read

Maldives, India Negotiating FTA: Minister Saeed

Maldives and India are negotiating a Free Trade Agreement (FTA), separate from SAFTA, according to Economic Minister Mohamed Saeed. India initiated the request. The President wants such opportunities with all countries. Additionally, under an existing FTA with China signed in December 2017, 296 types of seafood can now be exported tariff-free, pending parliamentary approval. An FTA with Turkey is in final stages, and a broader trade agreement with the UK is being worked on.

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May 27, 2024

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Maldives and India are negotiating a Free Trade Agreement (FTA), separate from SAFTA, according to Economic Minister Mohamed Saeed. India initiated the request. The President wants such opportunities with all countries. Additionally, under an existing FTA with China signed in December 2017, 296 types of seafood can now be exported tariff-free, pending parliamentary approval. An FTA with Turkey is in final stages, and a broader trade agreement with the UK is being worked on.

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