Maldives and Pakistan set USD 200 million trade target as 20 agreements are exchanged

Photograph: tribune.com.pk
Pakistan and the Maldives agreed on Wednesday 21 October to raise bilateral trade to USD 200 million within two years, Prime Minister Shehbaz Sharif announced, as the two countries exchanged 20 agreements and memorandums of understanding. Tribune reports (opens in a new tab) the pacts were signed during President Mohamed Muizzu's three-day state visit, the first by a Maldivian president in 11 years, which coincides with the 60th anniversary of diplomatic relations. Arab News says (opens in a new tab) Muizzu endorsed the target.
According to Arab News, the agreements cover health, education, fisheries, agriculture, youth development, arts, Islamic affairs, tourism, information technology, policing and defence. The sides also agreed to explore direct flights, and a business forum was due on Thursday. Business Recorder reports (opens in a new tab) that, for the Maldives' five million trees initiative, Pakistan would provide 100,000 olive cuttings and 100,000 seeds of other plant species.
Atoll Times reports (opens in a new tab) that Sharif said he briefed Muizzu on Pakistan's position on Kashmir and raised concerns over the Indus Waters Treaty; Muizzu did not publicly comment on those remarks. Reports differ on the current trade baseline, so it is omitted here.



