Maldives-Malaysia
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NewsMalaysian Prime Minister concludes visit to Maldives
Malaysian PM Anwar Ibrahim concluded his visit to the Maldives after signing MoUs on defense and religion. The nations agreed to a $100 million currency swap and initiated talks on a trade agreement. Discussions also covered energy exploration by Petronas, renewable energy, and streamlining visa services to boost bilateral cooperation.
NewsMaldives invites Petronas to explore offshore energy reserves
The Maldives has invited Malaysian energy giant Petronas to explore for oil, gas, and minerals within its territorial waters. Prime Minister Anwar Ibrahim expressed confidence in the company's expertise to handle the project. This follows a recent cabinet decision to establish a legal framework for resource extraction in the nation's EEZ.
