News

Maldives Engages Turkish Business Community to Strengthen Economic Ties

Minister of Foreign Affairs Dr Abdulla Khaleel, alongside the Minister of Economic Development and Trade Mohamed Saeed, had a high-level engagement with the Turkish business community in Istanbul.

The meeting, organised by the Foreign Economic Relations Board of Türkiye (DEIK), was joined by more than fifteen key Turkish businesses, led by the Chairperson of the Türkiye-Asia Pacific Business Council, Nail Olpak who is also a Member of the Board of DEIK and İçtaş İnşaat A.Ş.

The session covered a wide range of sectors, including tourism, renewable energy, investment, agriculture, housing, real estate, port development, and technology, with the aim of enhancing bilateral economic cooperation and fostering new business opportunities between the Maldives and Türkiye.

In his opening remarks, Foreign Minister Khaleel highlighted the Maldives’ strategic importance and commitment to fostering a thriving business environment. The Economic Development and Trade Minister added that the signing of two key agreements; the Economic Cooperation Agreement in November 2023 and the Preferential Trade Agreement (PTA) in November 2024 is testament to the growing economic and trade partnership between both countries and expressed commitment to further strengthening the relations in the years ahead. 

Following the remarks by both Ministers, CEO of Invest Maldives, Nuha Mohamed Riza provided a presentation highlighting investment opportunities in the Maldives. Her presentation provided a comprehensive overview of the Maldives' growing potential as a prime destination for tourism and investment.
 
Both Foreign Minister Dr Khaleel and Economic Development and Trade Minister Saeed engaged in informal interactions with the businessmen, discussing potential avenues for collaboration and exploring ways to strengthen economic ties between the two nations.
 


This engagement marks a significant step in advancing the economic partnership between the Maldives and Türkiye, particularly in key sectors that are poised for growth in the coming years.