Trade Between Maldives and India Grows by 31 Percent

Trade between India and the Maldives increased by 31 percent last year, according to Rohit Ritesh, the Deputy High Commissioner of the Indian High Commission in the Maldives.

Mr. Ritesh made the comment at a ceremony held at the Maldives Customs Service on Thursday, ahead of a training visit by Maldivian customs officers to the National Academy of Customs, Indirect Taxes, and Narcotics (NACIN) in Mumbai.

- Advertisement -

Speaking about enhancing the capacity of Maldives’ customs in trade, Rohit stated that trade between India and Maldives increased to more than USD 300 million for the first time in 2021, reaching USD 323 million. He added that India is among the top five countries to which the Maldives exported goods in 2021.

Relations between India and Maldives in this realm have strengthened in recent years. So far, 100 customs officials have been sent to India for training in various customs-related fields.

- Advertisement -