Government trade delegation to visit the US

Jan 15, 2024, 1:08 PM
Economic Minister Mohamed Saeed.

Economic Minister Mohamed Saeed.

Economic Minister Mohamed Saeed has said that a trade delegation from the Maldives government has been given the opportunity to visit the United States.

Speaking at the inauguration of the new cargo terminal at Velana International Airport (VIA), Saeed said this is the first such opportunity for a trade delegation.

"A Maldives government trade delegation has never before been given the opportunity to go to the US. But now, the government of President Dr. Muizzu has been given that opportunity," he said.

Saeed said he met with the US trade representative today and discussed matters related to providing PayPal service in Maldives.

"Today we met with the US trade representative in the Maldives. Last night, the President requested me to discuss matters about PayPal," he said.

Imports from the US have increased greatly over the past three years. In 2022, goods worth USD 99 million were imported from the US which is an increase of 140 percent compared to 2021.

In 2022, Maldives exported goods worth USD 17 million to the US in 2022. That is an increase of 19 percent compared to 2021.

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