Maldives and India to Establish Business Council to Boost Trade and Investment

The Maldives and India have agreed to establish a formal Maldives–India Business Council aimed at strengthening trade and investment ties between the two countries.

The decision was made during the first session of the Maldives–India Business Engagement Series held at the Ministry of Economic Development and Trade.

The session was organised by the Ministry of Economic Development and Trade in collaboration with Invest Maldivesand the Indian High Commission in Maldives, bringing together representatives from government and the private sector.

Discussions focused on enhancing trade and investment cooperation, fostering stronger partnerships, and advancing a more dynamic and results-oriented economic relationship between the Maldives and India.

The ministry stated that the session concluded with a decision to establish the business council in order to institutionalise dialogue and support sustained engagement between private sector stakeholders.

The session was attended by Economic Minister Mohamed Saeed, Indian High Commissioner G. Balasubramanian, and representatives from Maldivian and Indian businesses.