MLE-Xiamen Direct flights mark milestone in Maldives-China FTA implementation

In a significant development for the Maldives-China Free Trade Agreement (FTA), the commencement of direct flights between Velana International Airport (MLE) and Xiamen Gaoqi International Airport marks a crucial step towards enhancing economic ties between the two nations. The inaugural flight, which took off on July 30, 2024, signifies a new era of connectivity and collaboration between the Maldives and China.

China has demonstrated its commitment to the "development and prosperity together" by showcasing unparalleled achievements in infrastructure development and trade relations, solidifying its position as a global leader in these areas.

Xiamen, one of the three areas of China's (Fujian) Pilot Free Trade Zone, offers a strategic location and a range of incentives for businesses looking to expand their operations.

The work scope of Xiamen FTZ includes promoting trade and investment, facilitating cross-border e-commerce, and enhancing economic cooperation with countries along the Belt and Road Initiative.

Direct flights between MLE and Xiamen present vast potential for businesses in both countries to leverage the opportunities offered by the respective free trade zones.

Maldivian businesses stand to benefit from utilizing Xiamen's FTZ by gaining access to a wide range of incentives, streamlined customs procedures, and a conducive business environment for international trade. This collaboration opens up new avenues for growth and partnership, fostering stronger economic relations between the Maldives and China.

The bilateral relationship between the Maldives and China is expected to further strengthen as President Dr. Muizzu continues to foster a close and cooperative partnership with China. During President Dr. Muizzu's inaugural state visit to China, he engaged in discussions with President Xi Jinping on opportunities to enhance and improve the bilateral relations between the two countries.