News

CWEIC was pleased to sign a Memorandum of Understanding with the Government of Maldives who was represented by His Excellency Mohamed Saeed, the Minister for Economic Development and Trade.

This collaboration is aimed at bolstering economic development and enhancing the financial services industry in the Republic of Maldives.

Recognising the critical role of economic growth in improving the livelihood and wellbeing of Maldivian citizens, MEDT and CWEIC have acknowledged the importance of their close linkages through the Commonwealth. CWEIC, known for its leadership in promoting economic progress among its members, will bring its extensive network and resources to support the Maldives in its development initiatives.

Through this MoU, MEDT and CWEIC are committed to sharing best practices and fostering new developments in the financial sector, thus driving economic advancement in the Maldives. This collaboration marks a significant step forward in the country’s economic development journey, leveraging CWEIC’s expertise and network to achieve substantial growth and sustainability.