Maldives and India to establish joint business council to boost trade

Maldives and India decided on Monday to establish a formal Maldives–India Business Council to boost trade and investment between the two countries.

The decision was made during the first session of the Maldives–India Business Engagement Series held at the Economic Ministry headquarters.

The session, held by the Economic Ministry in partnership with Invest Maldives and the Indian High Commission, brought together leaders from government and the private sector.

According to the Economic Ministry, discussions during the session focused on strengthening trade and investment ties, fostering meaningful partnerships, and advancing a more dynamic, results-oriented economic relationship between the Maldives and India.

“The session concluded with the decision to establish a formal Maldives–India Business Council to further institutionalize dialogue and support sustained private sector engagement,” added the ministry.

The session was attended by Economic Minister Mohamed Saeed, Indian High Commissioner G. Balasubramanian, and representatives from Maldivian and Indian businesses.