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Maldives, China discuss expanding fish exports and trade cooperation

During a meeting held with the Ministry of Economic Development, Transport and Trade, discussions were held on a broad scale regarding exporting Maldivian fish products to China’s Sichuan Province. The Chinese Ambassador to the Maldives stated that this initiative would bring benefits to both countries.

The Chinese Ambassador to the Maldives, Kong Xianhua, met with Minister Saeed. Speaking about the meeting, the ambassador said that they exchanged views on fully utilising the Free Trade Agreement and on exporting Maldivian fish products to China’s Sichuan Province.

In addition, discussions were also held on strengthening cooperation in fisheries, agriculture, and other industrial sectors. The ambassador highlighted that talks were also held on encouraging companies from Sichuan to invest in the Maldives. He expressed hope that the outcomes of this meeting would benefit both nations.

In a social media post regarding the meeting, Minister Saeed said that discussions focused on maximising the benefits of the Maldives-China Free Trade Agreement and expanding trade and investment between the two countries. He also noted that conversations included ensuring food security and strengthening cooperation to increase exports.

The Maldives-China Free Trade Agreement came into effect on January 1 of last year. According to the Ministry of Economic Development and Trade, this agreement is expected to bring significant benefits to Maldivian businesses, exporters, and the general public.

Under this agreement, Maldivian businesses are importing goods from China, while exports to China are also ongoing.