Preferential Trade Agreement
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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 and Malaysia to pursue trade agreement
The Maldives and Malaysia have agreed to begin talks on a Preferential Trade Agreement to boost economic ties and business opportunities. The nations also signed MoUs on defense and Islamic affairs while pledging to collaborate on tourism and halal industry development. President Muizzu further invited Malaysian investment in key sectors.