Minister of Economic Development and Trade Mohamed Saeed has met with Chinese banks to discuss and seek avenues for trade and economic growth for the Maldives.
The minister is currently in China to attend the 15th World Economic Forum.
In the sidelines of the forum, Saeed met with the senior executives of two Chinese banks on Thursday, seeking ways to form strategic partnership aimed at boosting the Maldives economy.
The minister first met with the senior officials of China Industrial and Commercial Bank (ICBC), to discuss strategies for further engagement. He later met with senior executives of the Bank of China to explore ways in strengthening cooperation between the Maldives and China.
In both his meetings, the minister reflected on the discussions President Dr. Mohamed Muizzu and the Chinese head of state Xi Jinping had, during the former’s official visit to China earlier in January 2024.
Minister Saeed on Wednesday, met with Chinese Minister of Commerce Wang Wentao, for discussions related to the free trade agreement (FTA).