Maldives and Pakistan agree to raise bilateral trade to USD 200 Million

The Maldives and Pakistan have agreed to increase bilateral trade to USD 200 million over the next two years, Pakistani Prime Minister Shehbaz Sharif has announced following talks with President Dr Mohamed Muizzu.

In a post on X during President Muizzu’s state visit to Pakistan, Sharif said the two leaders agreed on the target at his suggestion.

The announcement comes as President Muizzu and First Lady Sajidha Mohamed undertake a state visit to Pakistan from 20 to 22 October at Sharif’s invitation.

The visit coincides with the 60th anniversary of diplomatic relations between the two countries.

During the visit, the Maldives and Pakistan exchanged 20 agreements covering a range of sectors, including education, healthcare, tourism and defence.

The arrangements aim to expand cooperation through government-level and institutional partnerships.

Sharif welcomed President Muizzu and expressed appreciation for his commitment to strengthening economic and maritime ties.

I thanked my brother for his sincere commitment to deepening our partnership in trade, investment and maritime cooperation.Together, we will take this cherished friendship to new heights

He wrote

The trade target adds an economic focus to the visit, alongside the wider cooperation arrangements exchanged between the two countries.