UK Tariff Cuts Open New Markets for Sustainably Caught Maldivian Tuna
Politics ·
President Dr Mohamed Muizzu has welcomed the United Kingdom's decision to reduce tariffs on fish exports, a move expected to significantly expand the market for sustainably caught Maldivian tuna in Britain.
In a statement shared on X, the President emphasized that the reduction in tariffs will make Maldivian seafood more accessible to British consumers. This strategic shift is projected to drive growth within the domestic fisheries sector, directly boosting the incomes of local fishermen and improving living standards across island communities.
The achievement marks the culmination of over 12 years of persistent diplomatic and economic negotiations. Successive Maldivian administrations have worked to secure these terms, aiming to lower the barriers for one of the nation's most vital export commodities.
President Muizzu highlighted that the Maldives is globally recognized for its commitment to responsible fishing, specifically through the use of the pole-and-line method. This traditional technique ensures minimal bycatch and maintains the health of the ocean's ecosystem, making Maldivian tuna a premium, sustainable choice for the international market.
Describing the development as a historic milestone, the President noted that the decision reflects the enduring ties between Malé and London. He stated that the move underscores a shared commitment to sustainable trade and long-term economic development.
The President concluded by expressing gratitude to the UK Government and the various partners involved in the negotiations, characterizing the tariff reduction as a significant catalyst for the Maldivian economy.