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Maldives and Turkiye Set to Ink Preferential Trade Agreement

A preferential trade agreement step was taken with the Maldives, which is making intense efforts to strengthen its bilateral relations with Turkiye.

The governments of the Maldives and Turkiye are currently in talks to establish a preferential trade agreement.

The developments were revealed by the Minister of Economic Development and Trade, Mohamed Saeed, in a post on social media platform ‘X’, announcing that efforts are ongoing to take relations between the two countries to the next level. Saeed’s post about ‘X’ states that the Maldivian government is making great efforts to strengthen bilateral relations with Turkiye in the fields of trade and economy.

He added that following President Dr. Mohamed Muizzu’s visit to Turkiye after taking office in 2023, various studies have been initiated to strengthen commercial ties between the Maldives and Turkiye. The Ministry of Economic Development and Trade announced that the first round of trade negotiations on the preferential trade agreement that both governments are about to enter was held on Wednesday afternoon. Senior officials from both governments held talks at the meeting.

THE PRESIDENT’S FIRST ABROAD TRIP WAS TO TURKIYE

The President’s first trip abroad after taking office was to Turkiye. Turkiye provides support to the Maldivian government in many sectors.

At a recent ceremony for the launch of the Air Force and Unmanned Aerial Vehicles (UAVs) of the Maldives National Defense Forces (MNDF), President Muizzu expressed his sincere gratitude for the continuous support provided by the Turkish government to enhance the island nation’s military capabilities. The President, who shed light on the fact that surveillance activities with UAVs were initiated for the first time in Maldivian waters, noted that the President of Turkiye played a very important role in achieving this goal.

Muizzu expressed that he hopes to see the number of capable UAVs increase thanks to the close bilateral relations between the two countries. Muizzu noted that most of this aid received grant aid from Turkiye.

Source: Patronlardunyasi / Prepared by Irem Yildiz

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