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President’s visit offers hope for the fishing industry: Fisheries Minister

Minister of Fisheries and Ocean Resources Ahmed Shiyam has expressed optimism regarding President Dr. Mohamed Muizzu’s attendance at the 79th United Nations General Assembly (UNGA79), highlighting its significance for the Maldivian economy and fishing industry.

Minister Shiyam emphasized that the President’s engagements during the visit aim to address the challenges facing the Maldives. He pointed out the recent bilateral meeting between President Muizzu and President of the European Commission Ursula von der Leyen. Minister Shiyam noted that the Maldives has been exporting fish to European countries for 12 years but faces high tariffs.

During his meeting with the president of the European Commission, President Muizzu voiced concerns over the tariffs imposed on Maldivian fish products, stating that the over 24% tariff significantly undermines the Maldives’ competitiveness in the EU market. The President stressed that these increased fees present substantial disadvantages for the Maldivian fishing industry.

The discussions between the two leaders focused on the strong and dynamic relations between the Maldives and the European Union (EU). They expressed a mutual desire to enhance diplomatic ties further. The Maldives' efforts in climate adaptation and mitigation, aimed at reducing the negative impacts of climate change was also highlighted.

Ursula von der Leyen reaffirmed the EU’s unwavering support for the Maldives, praising the country’s proactive stance on climate issues. She positively acknowledged the Maldives’ request for increased assistance in adaptation and mitigation efforts.