TRT World spoke to Mohamed Saeed, Maldivian economic and trade minister, about the challenges facing the island country.
In the past couple of months, the small island country of Maldives has been depicted in the news as a pawn in a greater territorial battle between its two giant neighbours – China and India.
We are also trying to empower small and medium enterprises. So, we are focusing on areas where previously not enough emphasis was given. We believe that by partnering with the right people we can capture some bunkering market. It is not to compete with anyone but rather it is an effort to diversify our economy.Has the war in Ukraine and Israel’s war on Gaza made your job any difficult as the Minister of Economic Development?Of course, it's a challenge for any country – small or big – when there's a crisis and global tension escalates in the Middle East or the Red Sea.
If you go back in history and look at what happened after the 2004 tsunami, we had zero occupancy overnight. But it bounced back very quickly. When you arrive, you arrive on an island of your own. It’s your own world. It’s a cruise ship that doesn’t move. We have hundreds of such islands.
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