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India, Maldives discuss expanding trade and investment ties
India, Maldives discuss expanding trade and investment ties

First Post

time05-07-2025

  • Business
  • First Post

India, Maldives discuss expanding trade and investment ties

India and the Maldives discussed ways to explore new opportunities for economic cooperation and trade enhancement, staterun media said on Saturday. read more India and the Maldives held high-level talks to explore new avenues for economic cooperation and boost bilateral trade, state-run Maldivian media reported on Saturday. The meeting took place on Friday between India's Commerce Secretary Sunil Barthwal and Maldivian Minister for Economic Development and Trade Mohamed Saeed at the Maldivian Economic Ministry in Malé. Barthwal is on an official visit to the archipelago nation. According to the Maldivian state broadcaster PSM News, the discussions focused on identifying new sectors for collaboration and strengthening existing trade and investment ties. STORY CONTINUES BELOW THIS AD Following the meeting, Minister Saeed posted on X 'Had a productive meeting today with India's Commerce Secretary Sunil Barthwal. We discussed strengthening trade and investment partnerships between our nations and exploring new opportunities for economic cooperation.' The Department of Commerce, Ministry of Commerce and Industry, in a post on X, said Barthwal had 'a constructive' meeting with Saeed, 'focusing on enhancing trade and investment ties and exploring new avenues for economic cooperation between the two countries.' As part of recent efforts to attract Indian investment, business forums were organised in three Indian cities to promote opportunities in the Maldives, the PSM News said. India continues to be a key development partner for the Maldives, contributing to several infrastructure and capacity-building projects, it added. New Delhi has also extended a USD 25.94 million currency swap facility to support the archipelagic nation's economy. Earlier on May 26, India and Maldives explored ways to boost trade and strategic cooperation during a three-day visit by Maldivian Foreign Minister Abdulla Khaleel, accompanied by a high-level delegation to New Delhi to review the implementation of the comprehensive economic and maritime security partnership. It was agreed during Maldivian President Mohamed Muizzu's trip to New Delhi last October. STORY CONTINUES BELOW THIS AD The ties between India and the Maldives came under severe strain after Muizzu, known for his pro-China leanings, took charge of the top office in November 2023. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians on a mutually agreed date. There was a thaw in the relations as Muizzu vowed to boost the bilateral ties with India during his visit to Delhi in October 2024. Maldives is India's key maritime neighbour and an important partner in India's 'Neighbourhood First' policy and Vision MAHASAGAR that is Mutual and Holistic Advancement for Security and Growth Across Regions. With inputs from agencies

India, Maldives hold talks to deepen trade and investment ties
India, Maldives hold talks to deepen trade and investment ties

The Hindu

time05-07-2025

  • Business
  • The Hindu

India, Maldives hold talks to deepen trade and investment ties

India and the Maldives discussed ways to explore new opportunities for economic cooperation and trade enhancement, state-run media said on Saturday (July 5, 2025). The discussion for strengthening trade was held during a meeting between India's Commerce Secretary Sunil Barthwal and Maldivian Economic Development and Trade Minister Mohamed Saeed in Male on Friday. The meeting, held at the Maldivian Economic Ministry as part of Mr. Barthwal's visit, focused on exploring new areas of economic collaboration and strengthening existing trade ties, according to Public Service Media (PSM News), the state-run media. After the meeting, Mr. Saeed said in a post on X: 'Had a productive meeting today with India's Commerce Secretary Sunil Barthwal. We discussed strengthening trade and investment partnerships between our nations and exploring new opportunities for economic cooperation.' The Department of Commerce, Ministry of Commerce and Industry, in a post on X, said Barthwal had 'a constructive' meeting with Mr. Saeed, 'focusing on enhancing trade and investment ties and exploring new avenues for economic cooperation between the two countries.' As part of recent efforts to attract Indian investment, business forums were organised in three Indian cities to promote opportunities in the Maldives, the PSM News said. India continues to be a key development partner for the Maldives, contributing to several infrastructure and capacity-building projects, it added. New Delhi has also extended a $25.94 million currency swap facility to support the archipelagic nation's economy. Earlier on May 26, India and Maldives explored ways to boost trade and strategic cooperation during a three-day visit by Maldivian Foreign Minister Abdulla Khaleel, accompanied by a high-level delegation to New Delhi to review the implementation of the comprehensive economic and maritime security partnership. It was agreed during Maldivian President Mohamed Muizzu's trip to New Delhi last October. The ties between India and the Maldives came under severe strain after Mr. Muizzu, known for his pro-China leanings, took charge of the top office in November 2023. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians on a mutually agreed date. There was a thaw in the relations as Muizzu vowed to boost the bilateral ties with India during his visit to Delhi in October 2024. Maldives is India's key maritime neighbour and an important partner in India's 'Neighbourhood First' policy and Vision MAHASAGAR that is Mutual and Holistic Advancement for Security and Growth Across Regions.

India, Maldives in talks to deepen bilateral trade, investment ties
India, Maldives in talks to deepen bilateral trade, investment ties

Business Standard

time05-07-2025

  • Business
  • Business Standard

India, Maldives in talks to deepen bilateral trade, investment ties

India and the Maldives discussed ways to explore new opportunities for economic cooperation and trade enhancement, state-run media said on Saturday. The discussion for strengthening trade was held during a meeting between India's Commerce Secretary Sunil Barthwal and Maldivian Economic Development and Trade Minister Mohamed Saeed here on Friday. The meeting, held at the Maldivian Economic Ministry as part of Barthwal's visit, focused on exploring new areas of economic collaboration and strengthening existing trade ties, according to Public Service Media (PSM News), the state-run media. After the meeting, Saeed said in a post on X: Had a productive meeting today with India's Commerce Secretary Sunil Barthwal. We discussed strengthening trade and investment partnerships between our nations and exploring new opportunities for economic cooperation. The Department of Commerce, Ministry of Commerce and Industry, in a post on X, said Barthwal had a constructive meeting with Saeed, focusing on enhancing trade and investment ties and exploring new avenues for economic cooperation between the two countries. As part of recent efforts to attract Indian investment, business forums were organised in three Indian cities to promote opportunities in the Maldives, the PSM News said. India continues to be a key development partner for the Maldives, contributing to several infrastructure and capacity-building projects, it added. New Delhi has also extended a USD 25.94 million currency swap facility to support the archipelagic nation's economy. Earlier on May 26, India and Maldives explored ways to boost trade and strategic cooperation during a three-day visit by Maldivian Foreign Minister Abdulla Khaleel, accompanied by a high-level delegation to New Delhi to review the implementation of the comprehensive economic and maritime security partnership. It was agreed during Maldivian President Mohamed Muizzu's trip to New Delhi last October. The ties between India and the Maldives came under severe strain after Muizzu, known for his pro-China leanings, took charge of the top office in November 2023. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians on a mutually agreed date. There was a thaw in the relations as Muizzu vowed to boost the bilateral ties with India during his visit to Delhi in October 2024. Maldives is India's key maritime neighbour and an important partner in India's Neighbourhood First' policy and Vision MAHASAGAR that is Mutual and Holistic Advancement for Security and Growth Across Regions.

India, Maldives hold talks to deepen trade and investment ties
India, Maldives hold talks to deepen trade and investment ties

Mint

time05-07-2025

  • Business
  • Mint

India, Maldives hold talks to deepen trade and investment ties

Male, Jul 5 (PTI) India and the Maldives discussed ways to explore new opportunities for economic cooperation and trade enhancement, state-run media said on Saturday. The discussion for strengthening trade was held during a meeting between India's Commerce Secretary Sunil Barthwal and Maldivian Economic Development and Trade Minister Mohamed Saeed here on Friday. The meeting, held at the Maldivian Economic Ministry as part of Barthwal's visit, focused on exploring new areas of economic collaboration and strengthening existing trade ties, according to Public Service Media (PSM News), the state-run media. After the meeting, Saeed said in a post on X: 'Had a productive meeting today with India's Commerce Secretary Sunil Barthwal. We discussed strengthening trade and investment partnerships between our nations and exploring new opportunities for economic cooperation.' The Department of Commerce, Ministry of Commerce and Industry, in a post on X, said Barthwal had 'a constructive' meeting with Saeed, 'focusing on enhancing trade and investment ties and exploring new avenues for economic cooperation between the two countries.' As part of recent efforts to attract Indian investment, business forums were organised in three Indian cities to promote opportunities in the Maldives, the PSM News said. India continues to be a key development partner for the Maldives, contributing to several infrastructure and capacity-building projects, it added. New Delhi has also extended a USD 25.94 million currency swap facility to support the archipelagic nation's economy. Earlier on May 26, India and Maldives explored ways to boost trade and strategic cooperation during a three-day visit by Maldivian Foreign Minister Abdulla Khaleel, accompanied by a high-level delegation to New Delhi to review the implementation of the comprehensive economic and maritime security partnership. It was agreed during Maldivian President Mohamed Muizzu's trip to New Delhi last October. The ties between India and the Maldives came under severe strain after Muizzu, known for his pro-China leanings, took charge of the top office in November 2023. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians on a mutually agreed date. There was a thaw in the relations as Muizzu vowed to boost the bilateral ties with India during his visit to Delhi in October 2024. Maldives is India's key maritime neighbour and an important partner in India's 'Neighbourhood First' policy and Vision MAHASAGAR that is Mutual and Holistic Advancement for Security and Growth Across Regions.

India, Maldives hold talks to deepen trade and investment ties
India, Maldives hold talks to deepen trade and investment ties

Time of India

time05-07-2025

  • Business
  • Time of India

India, Maldives hold talks to deepen trade and investment ties

India and the Maldives discussed ways to explore new opportunities for economic cooperation and trade enhancement, state-run media said on Saturday. The discussion for strengthening trade was held during a meeting between India's Commerce Secretary Sunil Barthwal and Maldivian Economic Development and Trade Minister Mohamed Saeed here on Friday. The meeting, held at the Maldivian Economic Ministry as part of Barthwal's visit, focused on exploring new areas of economic collaboration and strengthening existing trade ties, according to Public Service Media (PSM News), the state-run media. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo After the meeting, Saeed said in a post on X: "Had a productive meeting today with India's Commerce Secretary Sunil Barthwal. We discussed strengthening trade and investment partnerships between our nations and exploring new opportunities for economic cooperation." The Department of Commerce, Ministry of Commerce and Industry, in a post on X, said Barthwal had "a constructive" meeting with Saeed, "focusing on enhancing trade and investment ties and exploring new avenues for economic cooperation between the two countries." Live Events As part of recent efforts to attract Indian investment, business forums were organised in three Indian cities to promote opportunities in the Maldives, the PSM News said. India continues to be a key development partner for the Maldives, contributing to several infrastructure and capacity-building projects, it added. New Delhi has also extended a USD 25.94 million currency swap facility to support the archipelagic nation's economy. Earlier on May 26, India and Maldives explored ways to boost trade and strategic cooperation during a three-day visit by Maldivian Foreign Minister Abdulla Khaleel, accompanied by a high-level delegation to New Delhi to review the implementation of the comprehensive economic and maritime security partnership. It was agreed during Maldivian President Mohamed Muizzu's trip to New Delhi last October. The ties between India and the Maldives came under severe strain after Muizzu, known for his pro-China leanings, took charge of the top office in November 2023. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians on a mutually agreed date. There was a thaw in the relations as Muizzu vowed to boost the bilateral ties with India during his visit to Delhi in October 2024. Maldives is India's key maritime neighbour and an important partner in India's 'Neighbourhood First' policy and Vision MAHASAGAR that is Mutual and Holistic Advancement for Security and Growth Across Regions.

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