Maldives-China FTA ‘one-sided’

November 20, 2018

The new Maldives government is considering pulling out of a free trade agreement with China, a top leader from the islands’ governing alliance says.

Ex-president Mohamed Nasheed told the BBC “The free trade agreement is very one-sided… the numbers don’t match”.

He added the Maldives’ parliament would not approve the law required for the trade deal to come into force. The comments come days after Nasheed’s ally Ibrahim Mohamed Solih became the Maldives’ new president.

Nasheed – a senior advisor to President Solih – was barred from contesting the September elections.

There has been no immediate response from China to the latest comments, but a week ago the Chinese embassy in the capital Male rejected a statement by Nasheed in which he said his country risked falling into a debt trap with Beijing.