MALDIVES PRESIDENT MUIZZU AFFIRMS HOPE OF SIGNING FTA
The Daily Guardian|July 30, 2024
Maldives President Mohamed Muizzu thanked India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.
MALDIVES PRESIDENT MUIZZU AFFIRMS HOPE OF SIGNING FTA

Muizzu was addressing the official Independence Day function in the Maldives on Friday. During his address, he commended the administration's foreign policy, celebrating eight months of 'diplomatic success,' according to the Maldives President Office.

President Muizzu expressed gratitude to India and China for their support in easing the Maldives' debt repayment, thereby enabling the country to ensure economic sovereignty.

Emphasising the need to alleviate the local shortages of US dollars, he said that the Maldives government is negotiating currency swap agreements with both New Delhi and Beijing.

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