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False Claims Exposed: Government Has No Plans for Maldives–Sri Lanka Duty-Free Zone

Economic Minister Mohamed Saeed denied reports that the Maldives is planning a commercial duty-free zone with Sri Lanka, saying it has not been considered or discussed. The article notes the government's trade focus remains on the Maldives–China Free Trade Agreement, which took effect on 1 January 2025 and has begun reducing tariffs on exports such as seafood.

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  • the rumours that the Maldivian government is working to establish a commercial duty-free zone between the Maldives and Sri Lanka is not true. It is not something that has been considered or discussed so far

    Mohamed Saeed, Economic Minister The Standard Open the report (The Standard)

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