Skip to content

China Free Trade Agreement Sparks Surge in Maldivian Fish Exports

Ambassador Kong explained that the agreement has effectively opened China's extensive market to Maldivian seafood exporters. | Photo: Ministry of Fisheries, Agriculture and Ocean Resources

The Chinese Ambassador to the Maldives, Kong Xianhua has remarked that the implementation of the Free Trade Agreement (FTA) between the Maldives and China has driven a year-on-year increase in Maldivian fisheries exports to the Chinese market during the first six months of this year.

He made the statement during the opening ceremony of a two-day technical workshop on the Blue Economy. Ambassador Kong attributed the rise directly to the bilateral trade agreement, which grants zero-percent tariff access to a wide range of tuna and marine products entering China.

advertisement
advertisement

Ambassador Kong explained that the agreement has effectively opened China’s extensive market to Maldivian seafood exporters. He noted that while the initial six-month uptick demonstrates clear progress, it represents merely the initial phase of a far greater commercial opportunity for the island nation.

Beyond duty-free access, both nations are expanding technical cooperation to support the sustainable growth of the sector. A delegation from the Maldives is currently participating in an advanced seminar in China covering aquaculture, fisheries product development, and blue economy strategies. This builds upon a collaborative initiative from last year, during which Chinese specialists delivered technical training on sea cucumber farming within the Maldives.

Diplomats and industry representatives expect the combination of tariff-free market access and enhanced technical support to stimulate long-term economic growth, strengthen local seafood production, and create new career pathways for young Maldivians entering the marine industry.

ރިއެކްޝަންސް
0
0
0
0
0
0
0