President highlights India-Maldives partnership for development

President Mohamed Muizzu on Wednesday emphasised the importance of India-Maldives collaboration in achieving a digital and sustainable future for the Maldives.

The president made the remarks at the India-Maldives Business Forum in Bangalore. The forum was held on the sidelines of the ongoing state visit to India being undertaken by the president.

President Muizzu’s remarks at the forum highlighted the integration of digital financial services, the launch of the RuPay card, and the Maldives’ commitment to climate action and multilateralism.

He underscored his administration's efforts to expand the digital economy, through the launch of the Maldives Creative Economic Strategy, aimed at revitalising technology-driven industries as well as arts and media.

The president highlighted that the Maldives could benefit from ICT collaborations by leveraging Bangalore’s expertise, suggesting that stronger ties with educational institutions and tech companies could enhance technological resilience and bridge the digital gap.

President Muizzu stressed that the Maldives offers an ideal environment for Indian investment, given its proximity and shared cultural and economic ties, along with a favourable business climate.

He emphasised the importance of sustainable tourism, the Maldives' dedication to renewable energy solutions, and its ongoing efforts to enhance climate resilience.

He invited Indian investors to explore opportunities in these areas including renewable energy, emphasising that their expertise could foster a sustainable future, boost the Maldivian economy, and support global climate action.

The president expressed his gratitude to the government of India, the business community, and all those involved in making his visit a success.