Business Diplomacy Politics

Hong Kong-Maldives FTA will catalyze financial market; Econ Minister

Maldives and Hong-Kong discuss on establishing a free trade agreement between the two countries.

Economic Minister Mohamed Saeed has assured the establishment of a free trade agreement between Maldives and Hong-Kong will catalyze both tourism sector and financial market in the country.

Minister Saeed in a tweet on Friday said the free trade agreement between the Maldives and Hong-Kong will catalyze the economic development of the country, especially in the finance market.

The initial talks between both countries over the FTA kicked-off on September 28, 2017.

With inches away from signing on the free trade agreement between Hong-Kong and Maldives to confirm a diverse trade establishment, Maldives had already inked on the FTA with China which would open up several business sectors of the country for Chinese investors.

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Source URL: Google News

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