Minister of Economic Development and Trade Mohamed Saeed announced that the Maldives-Türkiye free trade agreement will be implemented in the first quarter of 2025, following its signing on November 4. He also said a separate FTA with China, signed in 2014, is set to take effect on January 1, 2025, with the government projecting Maldives-China trade rising from around USD 700 million to USD 1 billion.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
This follows the signing of the agreement on November 4, aimed at strengthening trade relations and boosting economic ties between the two nations.
Word for word from the report in The Standard. Open the report
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The Maldives and China currently have trade activities worth around USD 700 million, but the government projects that the implementation of the FTA will increase this figure to USD 1 billion.
Word for word from the report in The Standard. Open the report
the government projects that the implementation of the FTA will increase this figure to USD 1 billion
Word for word from the report in The Standard. Open the report
The agreement was a key topic during President Dr. Mohamed Muizzu’s visit to Türkiye in November of the previous year, where he met with Turkish President Recep Tayyip Erdogan.
Word for word from the report in The Standard. Open the report
