India and Maldives Forge New Business Council for Stronger Ties

India and the Maldives have agreed to establish a joint business council, aiming to bolster trade and investment between the two nations. This initiative, announced during the Maldives–India Business Engagement Series, seeks to enhance private sector collaboration and solidify a dynamic economic partnership.

In a significant move to strengthen bilateral economic ties, India and the Maldives have decided to form a joint business council. This key decision emerged during the inaugural session of the Maldives–India Business Engagement Series, hosted at the Economic Ministry's headquarters in the Maldives.

The initiative aims to enhance trade and investment relations as well as to nurture meaningful partnerships between the two nations. Officials from both governments, along with private sector representatives, engaged in discussions to advance a dynamic, results-focused economic relationship.

The session concluded with a commitment to formalize the Maldives–India Business Council, marking 60 years of diplomatic ties between the two countries. This new platform is expected to institutionalize dialogue and support ongoing private sector collaboration.