India, Maldives hold talks to enhance trade cooperation
The Hindu
India and Maldives strengthen economic cooperation through increased trade quotas and bilateral discussions for mutual benefit.
India on May 1 said it looked forward to strengthening bilateral economic cooperation with the Maldives as its envoy held discussions with a senior minister of the archipelagic nation.
Mohamed Saeed, Maldives’ Minister of Economic Development and Trade, met with Munu Mahawar, Indian High Commissioner to the archipelago nation on Tuesday.
The meeting comes weeks after India allowed the export of certain quantities of essential commodities for the year 2024-25 at the request of the Maldivian government and ahead of the May 10 deadline imposed by President Mohamed Muizzu for the complete repatriation of 88 Indian military personnel from his country.
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“Minister @em_saeed met with Indian High Commissioner to Maldives, H. E. Munu Mahawar, and discussed potential areas for trade & economic cooperation. @HCIMaldives,” posted Maldives’ Ministry of Economic Development and Trade from its official X handle along with photos of the meeting.
Soon after, the Indian High Commission responded: “We look forward to continued engagements with @MoEDmv for further enhancing India-Maldives economic cooperation.”
Earlier on April 5, displaying a strong commitment to supporting the human-centric development in the archipelagic nation, India said the request to allow export of certain quantities of essential commodities for the year 2024-25 was being done “under a unique bilateral mechanism” under which the quotas for each of these items have been revised upwards.
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