India increases essential commodities supply to Maldives in 2024-25
Items like eggs, potatoes, onions, sugar, rice, wheat flour, and dal were supplied
In a recent announcement, India increases supply of essential goods to Maldives in 2024-25 by 5%. This includes items like eggs, potatoes, onions, sugar, rice, wheat flour, and dal (pulses). This decision comes in response to a request from the Maldivian government and demonstrates India's commitment to supporting the development of the island nation.
This increase in quotas marks the highest levels since the arrangement was established back in 1981. Despite recent tensions between the two countries, including social media controversies and diplomatic disputes, India has upheld its commitment to aiding the Maldives.
Under the 1981 trade agreement between India and the Maldives, essential commodities can be exported. Over the years, bilateral trade between the two countries has seen significant growth, surpassing $500 million in 2022. India has emerged as the Maldives' top trade partner, with imports from the Maldives mainly consisting of scrap metals and Indian exports including various industrial and agricultural products. The economic partnership with Maldives highlights the importance of mutual cooperation and sustainable development initiatives between the two nations.
Last year, despite global bans on exports, India continued to supply rice, sugar, and onions to the Maldives. This reflects India's dedication to its "Neighbourhood First" policy, prioritizing support for neighboring countries like the Maldives.
India has increased the quota for river sand and stone aggregates, crucial for the Maldives' construction industry, by 25% to meet the growing demand.
India's decision to enhance supplies of essential commodities Maldives essential reaffirms its commitment to fostering strong bilateral ties and strengthening Trade relations India Maldives.
