President Muizzu's Visit to Boost Maldives-Pakistan Economic Ties: PM Shehbaz

President Muizzu's Visit to Boost Maldives-Pakistan Economic Ties: PM Shehbaz

Economy ·
Pakistani Prime Minister Shehbaz Sharif has stated that President Dr. Mohamed Muizzu's ongoing visit to Pakistan will elevate the economic relations between the two nations to a new level. Speaking at the Maldives-Pakistan Business Forum, the Prime Minister highlighted the numerous opportunities for collaboration that the visit presents. Prime Minister Shehbaz noted that important steps have been taken to connect the two countries through direct air travel. He said he has instructed relevant authorities to begin work as soon as possible and expressed hope that the necessary plans would be completed soon. The Prime Minister emphasised that the absence of direct travel links between Maldives and Pakistan needs to be addressed, and that Pakistan International Airlines and other airlines will explore routes to the Maldives for both business and tourism. He also stressed the importance of maritime connectivity and the need for additional agreements to achieve the desired trade relations. The Prime Minister called for an action plan to reach a bilateral trade target of $200 million within the next two years, describing it as a positive opportunity for businesses from both countries. Furthermore, Prime Minister Shehbaz announced that a Pakistani delegation comprising senior government officials and business leaders will be sent to the Maldives within about two weeks of President Muizzu's return. He reaffirmed that the Maldives is a true friend of Pakistan and that strengthening ties in various sectors marks an advancement of their longstanding relationship. During President Muizzu's visit, 20 Memoranda of Understanding (MOUs) have been signed between the two countries. This visit comes at the invitation of the Prime Minister of Pakistan, marking the 60th anniversary of the establishment of diplomatic relations between the Maldives and Pakistan.