Pakistan and the Maldives have agreed to increase bilateral trade to $200 million within two years. Both countries also signed 20 agreements to strengthen economic, defence, and technological cooperation.
Prime Minister Shehbaz Sharif announced the ambitious target during a joint press conference with Maldivian President Dr Mohamed Muizzu in Islamabad on Wednesday.
Pakistan, Maldives Aim for Major Trade Growth
The prime minister said current bilateral trade stands at approximately $13.9 million, far below the countries’ economic potential.
He expressed confidence that stronger business partnerships and effective implementation of agreements could help achieve the new target.
The visit marks the first official trip by a Maldivian president to Pakistan in 11 years. It also coincides with 60 years of diplomatic relations.
Twenty Agreements Signed Across Key Sectors
Both countries signed agreements covering information technology, cybersecurity, artificial intelligence, defence, healthcare, education, agriculture, and tourism.
The agreements also focus on maritime security, fisheries, social protection, and professional training.
Meanwhile, Pakistan offered technical assistance in digital technology and data centre development.
Sharif also announced plans to provide 100,000 olive cuttings and 100,000 seeds to support the Maldives’ environmental programme.
Leaders Discuss Regional Security and Cooperation
The prime minister reiterated Pakistan’s support for Palestinian statehood and a peaceful resolution of the Kashmir dispute.
He also criticized India’s decision to suspend the Indus Waters Treaty, stressing the importance of protecting shared water resources.
President Muizzu welcomed Pakistan’s cooperation and emphasized expanding trade, tourism, and youth opportunities.
Both leaders expressed confidence that the agreements would strengthen their longstanding partnership and deliver economic benefits.
