Maldives has taken another step toward a Free Trade Agreement (FTA) with India by holding consultations with key stakeholders on Technical Barriers to Trade (TBT), as negotiations between the two countries continue.

According to the Ministry of Economic Development, Transport and Trade, the discussions were aimed at identifying challenges faced by businesses and examining how the proposed agreement could help address them.

Technical Barriers to Trade refer to regulatory and technical requirements that influence international commerce, including product standards, testing and certification procedures, and labeling requirements.

The consultation brought together representatives from government agencies and companies involved in the Maldives' export sector.

Discussions focused on strengthening measures that ensure the quality and safety of goods traded between the Maldives and India.

Participants also reviewed sanitary and phytosanitary measures, including standards designed to protect human and animal health, as well as regulations intended to safeguard plants and agricultural products from pests and diseases.

Negotiations on the proposed Maldives-India FTA were formally launched following the signing of an agreement during Indian Prime Minister Narendra Modi's official visit to the Maldives last year.

In March, the two countries finalized the Terms of Reference (ToR) that will guide the negotiations.

The document establishes the scope, objectives, and procedures for negotiating the agreement before a final deal is concluded.

Maldives has continued to expand its international trade partnerships alongside the India negotiations.

Its Free Trade Agreement with China entered into force in January 2025, while a Preferential Trade Agreement with Türkiye has already been signed.

The Ministry of Economic Development, Transport and Trade said both countries are continuing work to complete the remaining procedures required before the agreement with Türkiye takes effect.