Priority to strengthen business relations between Maldives-India: High Commissioner

Strengthening business relations between the Maldives and India remains a top priority for the Indian High Commission, with Indian High Commissioner to the Maldives, Munu Mahawar, pledging full support to Indian businesses.

High Commissioner Mahawar emphasized that fostering economic ties between the two nations is a priority for the Indian government.

"We at the High Commission will fully cooperate with businesses, offering our services 24 hours a day. We aim to facilitate processes in close collaboration with the Maldivian government," he said. He also stressed the commitment to further bolster trade relations in the future.

The High Commissioner highlighted ongoing Indian investments in the Maldives, particularly in tourism, real estate, and housing. He pointed out that for the past four years, India has been the largest source market for tourists visiting the Maldives, and travel between the two countries is visa-free. Many Maldivians travel to India for medical care and education, reinforcing the strong bilateral relationship.

During President Dr Mohamed Muizzu's ongoing state visit to India, both nations have outlined a shared vision for future cooperation, placing a strong emphasis on economic and trade relations. As part of this visit, discussions have been held regarding a potential free trade agreement between the Maldives and India.

Indian business leaders have expressed support for this agreement, recognizing its potential benefits for both nations and calling for urgent decisions to move it forward.

President Muizzu has already hosted business forums in Delhi and Mumbai and is set to attend another in Bangalore, India's major business hub. These forums have focused on presenting business opportunities, concessions, and plans to diversify the Maldivian economy. The President has also held separate meetings with Indian business leaders to discuss collaboration and investment opportunities.