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News Türkiye / FTA Maldives Impact 6.0/10 2 min read
Maldives-Türkiye FTA Drawn Up, Awaiting Turkish Parliament Approval

Maldives-Türkiye FTA Drawn Up, Awaiting Turkish Parliament Approval

The Maldives-Türkiye Free Trade Agreement (FTA) has been finalized and is awaiting approval from the Turkish parliament. Minister Mohamed Saeed confirmed the Preferential Trade Agreement (PTA) was finalized last Thursday. He expects the FTA to be effective around December 2024 or January 2025. The Maldives requested concessions on 38 items, including yellowfin tuna, skipjack tuna, and dried fish. Türkiye is a major fish processor for Europe. Additionally, the Maldives will implement the 2018 FTA with China, with customs staff to be familiarized over two months.

The Maldives-Türkiye Free Trade Agreement (FTA) has been finalized and is awaiting approval from the Turkish parliament. Minister Mohamed Saeed confirmed the Preferential Trade Agreement (PTA) was finalized last Thursday. He expects the FTA to be effective around December 2024 or January 2025. The Maldives requested concessions on 38 items, including yellowfin tuna, skipjack tuna, and dried fish. Türkiye is a major fish processor for Europe. Additionally, the Maldives will implement the 2018 FTA with China, with customs staff to be familiarized over two months.

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Maldives Republic

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Sep 2, 2024

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The Maldives-Türkiye Free Trade Agreement (FTA) has been finalized and is awaiting approval from the Turkish parliament. Minister Mohamed Saeed confirmed the Preferential Trade Agreement (PTA) was finalized last Thursday. He expects the FTA to be effective around December 2024 or January 2025. The Maldives requested concessions on 38 items, including yellowfin tuna, skipjack tuna, and dried fish. Türkiye is a major fish processor for Europe. Additionally, the Maldives will implement the 2018 FTA with China, with customs staff to be familiarized over two months.

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