President Dr. Mohamed Muizzu emphasized the critical role of India-Maldives collaboration in achieving a digital and sustainable future for the Maldives during his address at the India-Maldives Business Forum on Wednesday.
The forum was part of the ongoing state visit to India, where the President is engaging with key stakeholders to strengthen bilateral ties.
In his speech, President Muizzu highlighted the Maldives' strides toward integrating digital financial services, including the launch of the RuPay card system, which has already bolstered connectivity between the two nations. He also underscored the Maldives' commitment to climate action and multilateral cooperation, a focal point of his administration's agenda.
The President introduced the Maldives Creative Economic Strategy, aimed at expanding the digital economy by revitalizing technology-driven industries alongside arts and media. He stressed the importance of digital transformation and said the Maldives could greatly benefit from partnerships with Bangalore’s tech sector. By forging stronger ties with educational institutions and technology firms, the Maldives can enhance its technological resilience and bridge the digital divide.
Furthermore, President Muizzu positioned the Maldives as an attractive destination for Indian investment, citing the countries' geographical proximity, shared cultural and economic ties, and a favorable business climate. He particularly highlighted opportunities in renewable energy and sustainable tourism, inviting Indian investors to play a crucial role in fostering a sustainable future for the island nation. He noted that Indian expertise in these areas would not only boost the Maldivian economy but also contribute to global climate action efforts.
The President concluded by expressing his gratitude to the Government of India, the business community, and all those involved in making his visit a success, noting that these strengthened partnerships would be instrumental in shaping a prosperous future for the Maldives.
This forum continues to underscore the mutual commitment between India and the Maldives to forge a forward-looking partnership built on digital innovation and sustainability.
The forum was part of the ongoing state visit to India, where the President is engaging with key stakeholders to strengthen bilateral ties.
In his speech, President Muizzu highlighted the Maldives' strides toward integrating digital financial services, including the launch of the RuPay card system, which has already bolstered connectivity between the two nations. He also underscored the Maldives' commitment to climate action and multilateral cooperation, a focal point of his administration's agenda.
The President introduced the Maldives Creative Economic Strategy, aimed at expanding the digital economy by revitalizing technology-driven industries alongside arts and media. He stressed the importance of digital transformation and said the Maldives could greatly benefit from partnerships with Bangalore’s tech sector. By forging stronger ties with educational institutions and technology firms, the Maldives can enhance its technological resilience and bridge the digital divide.
Furthermore, President Muizzu positioned the Maldives as an attractive destination for Indian investment, citing the countries' geographical proximity, shared cultural and economic ties, and a favorable business climate. He particularly highlighted opportunities in renewable energy and sustainable tourism, inviting Indian investors to play a crucial role in fostering a sustainable future for the island nation. He noted that Indian expertise in these areas would not only boost the Maldivian economy but also contribute to global climate action efforts.
The President concluded by expressing his gratitude to the Government of India, the business community, and all those involved in making his visit a success, noting that these strengthened partnerships would be instrumental in shaping a prosperous future for the Maldives.
This forum continues to underscore the mutual commitment between India and the Maldives to forge a forward-looking partnership built on digital innovation and sustainability.