Maldives to waive import duties on environment friendly products; India provides major assistance for SAARC Coastal Zone Management Centre; Maldives to remove taxes on the imports from Bangladesh and register unauthorised Bangladeshi workers
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  • According to reports, the Maldivian cabinet has decided to waive import duties on electric and renewable energy powered vehicles to boost the government’s initiative to promote the import and use of environmentally friendly products. It has also decided to waive import duties on solar panels and solar panel batteries used in marine vessels.1

    Reports noted that Indian High Commissioner in Maldives Dnyaneshwar Mulay has presented Foreign Minister of the Maldives, Ahmed Nasheem, US$46,272.65 to establish a SAARC coastal zone management centre.2

    In other developments, Maldives has, reportedly, pledged to lift taxes on the import of products such as pharmaceuticals from Bangladesh as well as to register tens of thousands of unauthorised Bangladeshi workers currently living within its shores.3

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