President Ibrahim Mohamed Solih has assured of full commitment to provide protection and legal cover that overseas investors need to develop businesses in Maldives. The president extended the assurance while meeting with members of the Indian business community in New Delhi.
President Ibrahim Mohamed Solih is currently on a state visit to India on invitation of Indian Prime Minister Narendra Modi. The president is being accompanied by First Lady Fazna Ahmed and a high-level delegation of government officials.
Speaking at the meeting held with members of the Indian business community, President Solih described India as the closest friend of Maldives and stated the people of both countries have built longstanding mutual relations through trade and commerce. The president further welcomed Indian entrepreneurs to seize investment opportunities available in Maldives.
Commending the remarkable economic milestones India has achieved over the years, the president pointed out India remains one of the largest trading partners of Maldives. In his speech, the president emphasised Maldives is a fast-growing, emerging economy, highlighting the continuous growth of tourism and infrastructure industries. He also pointed out Maldives has near perfect capital mobility and underscored the business environment in Maldives did not present any obstacles to foreign ownership of investment.
President Solih also attended an interactive session with select CEOs of Indian business community.