India-Maldives Trade Triples in 8 Years

India and the Maldives have seen a big increase in trade over the last 8 years.

India's exports to the Maldives have doubled, and imports from the Maldives have increased twenty times.

This growth is due to many factors, including more Indian tourists visiting the Maldives and several new agreements between the two countries.

These agreements cover things like reducing debt, providing money for infrastructure, and making it easier to pay for things using UPI and RuPay.

India exports important goods like petroleum, medicines, and food to the Maldives, while the Maldives exports fish and marine products to India.

Tourism is also a big part of the relationship, with India being one of the top countries for tourists visiting the Maldives.

The two countries are planning to make their relationship even stronger with a Free Trade Agreement and a Bilateral Investment Treaty.