Maldives to finalize trade pact with India amid concerns over revenue loss from other agreements, boosting exports.
India has raised concerns over free trade agreements between the Maldives and China and Turkey, fearing they could worsen the archipelago’s economic struggles.
Much of the money the Maldives owes is to China and India, which have extended $1.37 billion and $124 million, respectively, in loans, World Bank data shows ...
The BIMSTEC comprises seven nations, including five of the eight SAARC members — India, Bangladesh, Bhutan, Sri Lanka, ...
The Reserve Bank of India (RBI) has permitted 123 correspondent banks from 30 countries to open 156 Special Rupee Vostro ...
India has cautioned the Maldives against entering trade agreements that may jeopardize its fiscal stability, after the archipelago nation signed pacts ...
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
The government announced that the RBI has allowed 123 correspondent banks from 30 countries to open 156 Special Rupee Vostro ...
The Maldives will soon finalise a trade pact with India, a senior Maldivian Minister ... told The Hindu that bilateral negotiations on the FTA are scheduled to begin soon. Muizzu is focused ...