The government of Maldives and the government of China has on Tuesday signed a Memorandum of Understanding on the China-Maldives Free Trade Agreement Negotiations.
The agreement was signed today at Kurumba Maldives، during the second meeting of Joint Committee on Trade and Economic Cooperation (JCTEC) between China and Maldives.
This meeting began today in Kurumba Maldives with Economic Minister، Mohamed Saeed، Fisheries Minister، Dr. Mohamed Shinee and Vice Minister at Chinese Ministry of Commerce، Gao Yan.
The agreement was signed by Economic Minister Mohamed Saeed، on behalf of Maldives Government، and Chinese Vice Minister of Commerce Gao Yan، on behalf of Chinese Government.
Economic Ministry informs that the free trade agreement will benefit both the countries in terms of business and entrepreneurship.
Minister Saeed has previously stated the Free Trade Agreement between Maldives and China will be signed this year.