The Maldives and China signed a memorandum of understanding to exchange bilateral currencies, aimed at facilitating trade and investment between the two countries. Bilateral trade between the Maldives and China reaches $700 million annually, with analysts expecting construction, tourism and infrastructure to benefit most from the deal.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
The Maldives and China have signed a memorandum of understanding (MoU) to exchange bilateral currencies, a move aimed at facilitating trade and investment between the two nations, the Maldivian Ministry of Economic Development said on Friday.
Word for word from the report in Maldives Republic. Open the report
This MoU will establish a framework to facilitate current account transactions and direct investments between the two countries in their respective currencies, further strengthening trade and investment ties between the Maldives and China
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
China remains one of the Maldives’ largest trading partners, with bilateral trade reaching $700 million annually.
Word for word from the report in Maldives Republic. Open the report
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