China signs finance cooperation agreement with debt-stricken Maldives
Chinese Foreign Minister Wang Yi and Maldivian Finance Minister Ibrahim Ameer signed the agreement during a ceremony in Malé, the Maldivian capital.
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Chinese Foreign Minister Wang Yi and Maldivian Finance Minister Ibrahim Ameer signed the agreement during a ceremony in Malé, the Maldivian capital.
Muizzu underscored the importance of respecting territorial integrity, stating that this policy aligns with China's approach. He emphasized that despite its size, the Maldives would not tolerate bullying. Expressing this sentiment in English, he emphasized that despite being small, such actions are not justified.
The President of Maldives on his five day China visit stated the relation with China and seeks support to boost tourism amidst India-Maldives controversy.
Prashant Pitti, co-founder and Executive Director of EaseMyTrip expressed that the decision to suspend bookings was prompted by derogatory comments made by three Maldivian ministers, who have now been suspended, about Prime Minister Modi.
Muizzu's choice to visit Ankara, the capital of Turkey, follows a controversial anti-India campaign that propelled him to victory. His Progressive Party of Maldives (PPM) capitalized on an 'India Out' campaign, portraying India as a dominant force seeking to undermine the country's autonomy.
This decision aligns with Muizzu's campaign promise to revise the Maldives's 'India first' policy and remove the small Indian military presence of approximately 75 personnel.
This article delves into the pulse of the Maldivian economy, exploring the top five industries that contribute significantly to its growth, sustainability, and global presence.
Fueled by a thriving tourism sector and diversification into various industries, the nation's top 5 billionaires - Qasim Ibrahim, Maumoon Abdul Gayoom, Ilyas Ibrahim, Afeef Hussain, and Abdulla Yameen Abdul Gayoom, stand as beacons of this economic success.
Solih's presidency was marked by a shift towards an "India First" policy, strengthening ties with New Delhi while distancing from Beijing, reversing the previous administration's pro-China stance from 2013 to 2018 under President Abdullah Yameen's rule.
The restoration of diplomatic relations between Saudi Arabia and Iran marked a significant diplomatic breakthrough in the region. Since then, Saudi Arabia has also renewed relations with Iran's ally, Syria, and increased its efforts to broker peace in Yemen, where it has led a coalition against the Iran-backed Houthi forces.