India-Maldives Free Trade Agreement Negotiations Kick-Start: Maldivian President Mohamed Muizzu

Asianet News English

Maldivian President Mohamed Muizzu Maldivian President Mohamed Muizzu says, 'I am also pleased to announce the initiation of negotiations for a free trade agreement between India and Maldives. This landmark initiative marks a significant step forward in strengthening our economic partnership...'

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00:00I'm also pleased to announce the initiation of negotiations for a free trade agreement between India and the Maldives.

00:08The Denmark Initiative marks a significant step forward in strengthening our economic partnership.

00:15We appreciate the pivotal role played by India in supporting the Maldives to manage economic and liquidity challenges

00:23through a 400 million U.S. dollar currency swap facility and interest-free one-year rollover of the Treasury Bill in May 2025.

00:34India's continued assistance to the Maldives through the export of essential commodities is a key facet of our bilateral cooperation

00:41under the long-standing trade agreement.

00:46Today we inaugurated a key project funded under the India's line of credit assistance,

00:51under the Roar's program.

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