Maldives-Thailand Joint Trade Committee Agree to Expand Bilateral Trade and Investment

13 October 2016

The Second Meeting of Maldives-Thailand Joint Trade Committee, held in Male, Maldives, on 12-13 October 2016, agreed to increase bilateral trade and investment between the two countries, signing an “Investment Promotion and Protection” agreement. Cooperation in tourism, fishing, labor, and health will also be pursued.

The Government of Maldives agreed to lift tariffs on imported goods from Thailand, and encouraged Thai businessmen to pursue investments in the Maldives' hotel and restaurant industry, and open schools on tourism.

The Government of Thailand committed around $200 million in bilateral trade with the Maldives.

Mr. Mohamed Saeed, Minister of Economic Development, headed the Maldives delegation. The Thai delegation was led by Ms. Apiradi Tantraporn, Minister of Commerce, Thailand.


Related Links:

Mr. Shri Sunil Barthwal, Secretary of the Ministry of Commerce and Industry of the Government of India, and Ms....

Read More


Bhutan Prime Minister Tshering Tobgay and Nepal Prime Minister KP Sharma Oli met on the sidelines of the...

Read More


Nepal has taken a significant step in enhancing its energy cooperation with India by signing a $12.36 million...

Read More


The Druk Green Power Corporation (DGPC) of Bhutan and the Adani Group of India have signed a Memorandum...

Read More


Southeast and South Asia are two of the most dynamic and fastest growing regions in the world....

Read More


The passenger ferry service between India and Sri Lanka resumed operations on 16 August 2024, marking a significant...

Read More


Mr. Vikram Misri, Foreign Secretary of the Government of India, met with Dr. Arzu Rana Deuba, Minister of...

Read More