MIFCO’s Revised Terms for Foreign Buyers Rejected by Thai Companies; British Buyer Onboarded: MIFCO CEO

MIFCO CEO Ahmed Shamah Rasheed announced that from end of March, MIFCO will only sell fish products to companies agreeing to specific conditions, including bringing quality controllers to the Maldives to prevent rejection of exports. Thai companies rejected the revised terms, but a British company was onboarded. Rasheed made these comments before the Parliamentary Committee on State Owned Enterprises in response to questions from MP Yaugoob Abdulla (MDP) regarding rejected inventory and discussions with Thai buyers.

MIFCO CEO Ahmed Shamah Rasheed announced that from end of March, MIFCO will only sell fish products to companies agreeing to specific conditions, including bringing quality controllers to the Maldives to prevent rejection of exports. Thai companies rejected the revised terms, but a British company was onboarded. Rasheed made these comments before the Parliamentary Committee on State Owned Enterprises in response to questions from MP Yaugoob Abdulla (MDP) regarding rejected inventory and discussions with Thai buyers.

MIFCO CEO Ahmed Shamah Rasheed announced that from end of March, MIFCO will only sell fish products to companies agreeing to specific conditions, including bringing quality controllers to the Maldives to prevent rejection of exports. Thai companies rejected the revised terms, but a British company was onboarded. Rasheed made these comments before the Parliamentary Committee on State Owned Enterprises in response to questions from MP Yaugoob Abdulla (MDP) regarding rejected inventory and discussions with Thai buyers.

This story involves 1 source and may affect public understanding of foreign buyers / rejection.