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:

The India-Bhutan energy partnership reached a major milestone with the operationalization of the fifth unit of the 1,020...

Read More


The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The new Gelephu Integrated Check Post (ICP) in Bhutan, which will play a key role in the Gelephu...

Read More


Nepal began its regular export of electricity to Bangladesh, by sending 40 megawatts (MW) of electricity through India's...

Read More


The Government of India will extend its subsidy for the ferry service between Nagapattinam (India) and Kankesanthurai (Sri...

Read More


In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More