Beijing, China – The Maldives is actively seeking crucial financing for its major economic projects through high-level discussions with the Export-Import Bank of China (Exim Bank). This initiative is a central focus of Minister of Foreign Affairs Moosa Zameer’s ongoing visit to China, aimed at strengthening economic ties with Beijing.
During his visit, Minister Zameer met with Wu Fulin, Chairman of Exim Bank of China, to explore financing opportunities. Their discussions centered on the Maldives’ recent economic and financial reforms introduced by President Dr. Mohamed Muizzu. These reforms are intended to bolster fiscal stability and attract foreign investment, key elements of the Maldives’ economic strategy.
Minister Zameer underscored the need for significant financing to support major economic initiatives. The meeting also explored potential joint collaborations, paving the way for future economic partnerships between the Maldives and China.
Accompanying Minister Zameer were Minister of Finance Dr. Mohamed Shafeeq and Minister of Construction and Infrastructure Dr. Abdulla Muththalib, reflecting the Maldivian government’s integrated approach to securing international support for its development agenda.
In addition to discussions with Exim Bank, the Maldivian delegation also met with Chinese Foreign Minister Wang Yi. These talks aimed at enhancing bilateral relations and expanding cooperation across various sectors, aligning with the broader goals of the visit.
Taking place from July 20 to July 24, this official visit to China represents a pivotal moment in the Maldives’ foreign policy. The outcomes of this engagement are expected to have a significant impact on the nation’s economic trajectory, with potential financing from Exim Bank and strengthened ties with China playing a crucial role in the Maldives’ path toward economic resilience and development.
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