Tell Us Your Product/Service Requirement

Ready to connect

We give You a competitive edge over others by letting you know about your major competitors and what are their exporting value compared to yours, where they source their products and the current industry trend for the importers.

Please provide your company name Name must contain characters only Name is too short Input field exceeds maximum characters allowed

Please provide your Email Address Incorrect Email Address

{{buyermessage2}}

India Maldives Free Trade Agreement


The Government of India and the Government of Maldives, referred to as the "Contracting Parties". Desirous of developing and strengthening trade and economic relations between their respective countries in accordance with their development and trade needs and objectives on a mutually beneficial basis.

Each Government shall accord to the commerce of the other Government treatment no less favorable than that accorded to the commerce of any third country.The Contracting Parties shall promote the development of trade and economic relations between their respective countries within the framework of their laws, rules and regulations.

Advantages

  • Privilege which are or may be granted by either of the two Governments in order to facilitate frontier trade.
  • Advantages and privileges which are or may be granted by either of the two Governments to any of their respective neighboring countries.
  • Advantages resulting from a customs union, a free trade area or similar arrangements which either of the two Governments has concluded or may conclude in the future.
  • Advantages or preferences accorded under any scheme for expansion of trade and economic co-operation among developing countries, which is open for participation by all developing countries and to which either of the two Governments is or may become a party.

To develop trade between two countries should encourage and facilitate the visit of commercial and technical representatives of either party to the country of the other and participation by either party to the country and the participation by either country in trade fairs and in arranging exhibitions of either country. Payments between the two countries should be made in freely convertible currency and subject to foreign exchange regulations and other rules and regulations effective in either country.

References

For further details please visit the sites:-

commerce.nic.in
worldbank.org