WORLD> Asia-Pacific
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WORLD> Asia-Pacific
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Sino-Maldives relations
(mfa.gov.cn)
Updated: 2009-08-19 16:15 Economic and Trade Relations and Economic-Technological Cooperation In 1981,China and Maldives started their economic and technological cooperation. In 1982, they restored direct trade. In 2002, Sino-Maldives trade volume totaled US$2.977 million, of which China's exports accounted for US$2.975 million and its imports US$2,000. Since 1972, China has provided Maldives with aid totaling RMB74.7875 million. Starting form 1985, Chinese companies began entering project-contracting market in Maldives. By the end of 2001, the accumulated volume for their contracted projects in Maldives had reached US$46.37 million, with their turnover reaching US$40 million. Sino-Maldives economic cooperation and trade volume are very insignificant. Hong Kong and Singapore serve as transit ports fro most of China's exports to Maldives. China's major products to Maldives are rice and consumer goods. China and Maldives have seen infrequent contacts and cooperation in other fields. Between 20 and 30 September 2002, at the invitation of the Central Military Commission, Maldives State Minister of Defence and National Security paid a friendly visit to China, which was the first official contact between the Chinese and Maldives armies. On May 18, 1998, the governments of Maldivesand SAR Hong Kong of China signed the transit agreement for civil flights.
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