Ministry of Economic Development

Trade Policy Formulation
Trade policy formulation is mandated to Ministry of Economic Development. The trade policy of the country is formulated, in coordination and consultation with the relevant Government Ministries and in compliance with international obligations, agreements, treaties and conventions that Maldives is signatory to.
Labour and employment policy
Transport policy
Investment Promotion
Invest Maldives is the government agency entrusted with promoting, regulating and licensing foreign investments in the country. It is the first port of call for all foreigners keen on investing in the Maldives.
SME Development
The potential of the SME sector in creating a more resilient and diversified economy as well as creating more employment opportunities, particularly in the outer atolls is ever increasing. The Ministry envisages establishing the requisite institutional and organizational mechanisms to restructure and consolidate all SME Development activities in order to achieve economies of scale and efficiency of operations.
IPR
Invest Maldives is the government agency entrusted with promoting, regulating and licensing foreign investments in the country. It is the first port of call for all foreigners keen on investing in the Maldives.
Consumer Protections
The Consumer Protection Act enables the consumers to protect their basic rights in buying goods and services. It includes the right for basic product information such as price, product labeling, and terms and conditions in the sale of goods and services.
Standards
Standards make products and services more reliable and it helps to improve the organizational performance and minimize the risks. As the National Standards Body we work towards formulating national standards and adopting international standards to facilitate industry needs.

Publications
Publications
Laws and Regulations
Laws and Regulations
Policy Documents
Policy Documents
Forms
Forms
Annual Reports
Annual Reports

Bilateral
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- Agreements
- Trading Partners
  - Statistics
Regional
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- SAFTA
- SATIS
  - Agreements
Multilateral
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- WTO
- OIC

Agreement Type	Bilateral
Agreement Name	Trade agreement between the Government of India and the Government of Maldives
Purpose	To improve trade and economic relations
Date Signed	31^st March 1981
Countries Involved	Maldives, India
Status	Signed, In effect, (or other standard states of an agreement eg: in dispute, waiting to be implemented)
Attach Agreement	(PDF File)

Agreement Type	Bilateral
Agreement Name	Agreement on Trade and Economic Cooperation between China and Maldives
Purpose	· To achieve and enhance coordination and cooperation in the fields of standardization and conformity assessment and develop harmonised standards for the region · To facilitate intra-regional trade and to facilitate better access to the global market
Date Signed	28^th March 2004
Countries Involved	Maldives, China
Status	Signed, In effect, (or other standard states of an agreement eg: in dispute, waiting to be implemented)
Attach Agreement	(PDF File)

Agreement Type	Bilateral
Agreement Name	Trade and Investment Framework Agreement (TIFA)
Purpose	· To enhance the spirit of cooperation · To expand trade · To strengthen economic relations between the two countries
Date Signed	17^th October 2009
Countries Involved	Maldives, USA
Status	Signed, In effect, (or other standard states of an agreement eg: in dispute, waiting to be implemented)
Attach Agreement	(PDF File)

Agreement Type	Bilateral
Agreement Name	USA Investment Incentive Agreement (OPIC)
Purpose	· To facilitate financial resources for investments by US companies in other countries
Date Signed	15^th March 2010
Countries Involved	Maldives, USA
Status	Signed, In effect, (or other standard states of an agreement eg: in dispute, waiting to be implemented)
Attach Agreement	(PDF File)

Agreement Type

Bilateral

Agreement Name

Ministry ofEconomic Development Republic of Maldives

Ministry of Economic Development