India and the Maldives recently engaged in discussions aimed at strengthening their bilateral trade and investment relations, reaffirming their mutual dedication to economic cooperation. The meeting, which took place at the Maldivian Economic Ministry, was part of Indian Commerce Secretary Sunil Barthwal's visit. He met with Maldivian Minister of Economic Development and Trade, Mohamed Saeed, to explore new avenues for economic collaboration and reinforce existing trade ties.

Minister Saeed shared on social media that the discussions centered around ongoing initiatives designed to deepen economic connections and enhance investment opportunities for both nations. He highlighted the importance of building resilient and diverse economic partnerships, emphasizing India's role as a key regional partner in both economic and strategic terms.

The Maldives has been actively working to attract foreign direct investment, recently holding business forums in three Indian cities. These forums served as platforms to showcase investment opportunities across various sectors in the Maldives and to engage directly with potential Indian investors.

India has been a significant contributor to the Maldives' development, providing support for large-scale infrastructure projects such as the Thilamale' Bridge and the Hanimaadhoo International Airport development project. Beyond infrastructure, India has also supported the Maldives' economic stability through a currency swap facility worth MVR 400 million.

Despite recent political tensions, with Maldivian President Mohamed Muizzu's request for the withdrawal of Indian military personnel, both countries have demonstrated a commitment to strengthening economic ties. This commitment is evident in the ongoing dialogues and initiatives aimed at fostering greater trade and investment. The meeting between Secretary Barthwal and Minister Saeed underscores the importance both nations place on their economic partnership and their shared vision for regional prosperity.