Pakistan keen to invest in Maldives

Pakistan is seeking to improve its economic relationship with the Maldives, according to the Islamabad Chamber of Commerce and Industry (ICCI), promising to meet the country’s import needs “at a cheaper price than European countries.”

President of the ICCI Zahid Maqbool said the current bilateral trade agreement between the two countries “is not worth mentioning”, and pressed for a regular exchange of trade delegations.

He requested that Pakistani exporters be allowed to set up in the Maldives, and also claimed that Pakistan offered quality higher education at a lower cost than other countries.

High Commissioner of the Republic of Maldives, Aishath Shehnaz Adam, said the Maldives would welcome Pakistani investment in the Maldives. The economy was a strong one, she said, and had grown an average of 10 per cent every year for the past two decades.