The Maldives have requested China's support in much-needed fiscal reform to strengthen its dwindling economy.
The request was made at the official talks between the two countries as Maldivian Foreign Minister Moosa Zameer met with his Chinese counterpart Wang Yi, in Beijing today.
Minister Wang warmly welcomed Minister Zameer to China and reaffirmed Beijing’s commitment to strengthen further the historic and friendly relations between the two countries. Minister Zameer extended warm greetings from President Dr. Mohamed Muizzu and formally delivered two letters addressed to Chinese President Xi Jinping from President Dr. Muizzu.
During the meeting, Minister Zameer reiterated Maldives’ commitment to the One-China Principle and the comprehensive strategic cooperative partnership agreed upon during President Dr. Muizzu's State Visit to China in January this year. The discussions covered a wide range of topics essential to the continued enhancement of Maldives-China relations.
Minister Zameer also briefed the Chinese Foreign Minister on the economic and fiscal situation in the Maldives, emphasizing the importance of carrying out diligently, the fiscal reforms as announced by President Dr. Muizzu. He further requested China’s support to the Maldives in carrying out the reform program, which will foster consumer and investor confidence in the Maldivian economy which would then positively impact our economic resilience.
The meeting concluded with both parties reiterating their commitment to exploring new avenues for cooperation. Minister Zameer expressed heartfelt appreciation for China’s continued support and looked forward to further solidifying the political and economic cooperation between the Maldives and China.