President: Agreement reached to increase bilateral trade between Pakistan and Maldives from the current $13 million to $200 million within two years
21 އޮކްޓޯބަރު 2026 | ބުދަ 15:23During the President's official visit to Pakistan, the two nations signed 20 Memorandums of Understanding (MoUs) across various sectors to elevate bilateral relations to new heights. These discussions focused on strengthening cooperation in economic, social, and defense fields, while Pakistan also committed to supporting the Maldives' initiative to plant five million trees.
Joint press conference held with Pakistani Prime Minister Shehbaz Sharif. | Raajje MV
President Dr. Mohamed Muizzu has announced that the Maldives and Pakistan have agreed to increase bilateral trade from the current $13 million to $200 million within the next two years.
Speaking at a joint press conference with Pakistani Prime Minister Shehbaz Sharif, the President underscored the profound significance of his visit. He noted that the occasion coincides with the 60th anniversary of the establishment of diplomatic relations between the Maldives and Pakistan.
The President stated that the discussions held with Prime Minister Sharif were extensive and wide-ranging. He noted that both leaders agreed to elevate the partnership between the Maldives and Pakistan to a new era.
The President noted that the discussions encompassed various sectors, including trade and investment, healthcare, education, environment, fisheries, and agriculture. Additionally, the talks covered youth and sports, policing and defense, human resource development and training, and tourism.
Highlighting that 20 Memorandums of Understanding have been signed across various sectors, the President stated that both nations have agreed to increase bilateral trade from the current $13 million to $200 million within the next two years.
Furthermore, the President stated that the Maldives-Pakistan Business Forum would serve as a platform to connect entrepreneurs and investors from both nations, facilitating the establishment of mutually beneficial investments and partnerships.
The President stated that both leaders agreed to strengthen youth exchange programs and expand participation in skill development, entrepreneurship, and leadership. Furthermore, the President noted that discussions were held on increasing opportunities for youth in emerging fields such as artificial intelligence and digitalization.
The President also expressed his gratitude for the grant assistance announced by Pakistan to support the Maldives' national goal of planting five million trees.
Furthermore, the President reaffirmed the Maldives' unwavering solidarity with the Palestinian people and expressed his appreciation for Pakistan's ongoing efforts to establish peace and stability in the Middle East.
