In a recent post on social media platform X, Moosa Zameer, the Minister of Foreign Affairs of Maldives, extended sincere appreciation to the External Affairs Minister of India, Dr. S. Jaishankar, and the Government of India for renewing the quota allowing Maldives to import essential commodities from India for the years 2024 and 2025.
Zameer's statement highlighted the significance of this gesture, emphasizing its role in strengthening the longstanding friendship between Maldives and India. The renewal of the quota is seen as a demonstration of the strong commitment of both nations to enhance bilateral trade and commerce.
The agreement to renew the quota for essential commodities underscores the mutually beneficial relationship between Maldives and India, reflecting their shared interests and cooperation in various sectors. This move is expected to further solidify economic ties and contribute to the prosperity of both nations.
Under this agreement, India has lifted export restrictions on various essential items. These items include potatoes, onions, eggs, rice, wheat flour, sugar, dal, stone aggregates, and river sand, which would significantly benefit Maldives' construction sector.
The announcement of this move came through a post on social media platform X by the Indian High Commissioner, who noted that the decision was made "under a unique bilateral mechanism." This decision has led to upward revisions in quotas for each item, demonstrating a deepening of economic ties between India and Maldives.
The removal of export restrictions and the enhancement of quotas underscore the commitment of both countries to strengthen economic cooperation and mutual support, further fostering the bonds of friendship and partnership between India and Maldives.
Zameer's statement highlighted the significance of this gesture, emphasizing its role in strengthening the longstanding friendship between Maldives and India. The renewal of the quota is seen as a demonstration of the strong commitment of both nations to enhance bilateral trade and commerce.
I sincerely thank EAM @DrSJaishankar and the Government of #India for the renewal of the quota to enable #Maldives to import essential commodities from India during the years 2024 and 2025.
— Moosa Zameer (@MoosaZameer) April 5, 2024
This is truly a gesture which signifies the longstanding friendship, and the strong…
The agreement to renew the quota for essential commodities underscores the mutually beneficial relationship between Maldives and India, reflecting their shared interests and cooperation in various sectors. This move is expected to further solidify economic ties and contribute to the prosperity of both nations.
Under this agreement, India has lifted export restrictions on various essential items. These items include potatoes, onions, eggs, rice, wheat flour, sugar, dal, stone aggregates, and river sand, which would significantly benefit Maldives' construction sector.
The announcement of this move came through a post on social media platform X by the Indian High Commissioner, who noted that the decision was made "under a unique bilateral mechanism." This decision has led to upward revisions in quotas for each item, demonstrating a deepening of economic ties between India and Maldives.
— India in Maldives (@HCIMaldives) April 5, 2024
The removal of export restrictions and the enhancement of quotas underscore the commitment of both countries to strengthen economic cooperation and mutual support, further fostering the bonds of friendship and partnership between India and Maldives.
