Shehbaz: Maldives-Pakistan Trade to Reach $200 Million in Two Years

Pakistan and the Maldives will strive to increase bilateral trade to $200 million within two years, Pakistani Prime Minister Muhammad Shehbaz Sharif announced Today.

Speaking at a joint press stakeout with President Dr Mohamed Muizzu in Islamabad, Sharif said current trade volume stands at $13.9 million, “which is just a fraction of our potential.”

“Through our discussions today, I am very happy to announce, with the active and complete endorsement from both sides, that we will strive our best to jointly increase our bilateral trade volume from $13 million to $200 million in the next two years,” he said.

Sharif also announced Pakistan’s contribution of 100,000 olive cuttings and 100,000 seeds of various plant species to support the Maldives’ goal of planting five million trees.

On technology cooperation, he said Pakistan was ready to share its expertise as the Maldives advances plans to establish data centres in Malé and other locations.

“We would be very happy to share our experience and technical capabilities in this regard,” Sharif said.

On international issues, Sharif reaffirmed Pakistan’s support for Palestine, backing the Palestinian people’s right to self-determination and an independent state in accordance with relevant UN resolutions. He also reiterated Pakistan’s support for the right to self-determination of the Kashmiri people.

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