Syllabus of the Subject: Foreign Trade and Business in the Maldives .
Male.
Introduction to the Republic of Maldives (Asia);
Maldivian Economy;
Foreign Trade of the Maldives;Asia-Africa Growth Corridor .
Foreign Direct Investment (FDI) in the Maldives;
Business Opportunities in the Maldives;Tourism sector;
Fishing sector.
Case Study: Villa
Shipping and Trading Company. Mr Qasim Ibrahim;
Access to the Maldivian Market;
Business Plan for the Maldives.
Objectives
The objectives of the subject “Foreign Trade and Business in the Republic of Maldives” are the following:
To analyze the Maldivian Economy and International Trade;
To know the business opportunities in the Republic of Maldives;
To explore the Maldivian trade relations with the country of the student;
To know the Maldivian Free Trade Agreements;
To examine the profile of Maldivian Companies;
To develop a business plan for the Maldivian Market.
Foreign Trade and Business in the Maldives:
Related Education
Masters and Doctorate in Global Business adapted to the Maldivian Students .
Foreign Trade and Business in the Maldives.
Tourism and fishing sector: 40% of the Maldivian GDP
Preferential Access
Trade Facilitation
Organizations
Islamic Organizations :
Islamic Development Bank (IsDB );
Organization of Islamic Cooperation (OIC )
Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC);
Islamic Chamber of Commerce and Industry (ICCI ) ;
Islamic Centre for Development of Trade (ICDT);
Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).
Asia-Middle East Dialogue (AMED ).
Asian Trade and Economic Organizations :
Boao Forum for Asia;
Colombo Plan;
Africa-Asia Strategic Partnership ;
Asia Cooperation Dialogue (ACD );
Economic and Social Commission for Asia and the Pacific (ESCAP );
Asian Development Bank (ADB ).
Global Organizations :
United Nations (UN )
Conference on Trade and Development (UNCTAD );
International Trade Centre (INTRACEN );
World Intellectual Property Organization (WIPO ).
World Bank (WB );
World Trade Organization (WTO );
International Monetary Fund (IMF ).
Maldives
The Republic of Maldives .
Maldivian Population: 350,000;
79% under thirty-five years of age;
Literacy rate: 98%;
Maldivian capital: Male;
Maldivian official language: Dhivehi (Thaana Script), the majority of the Maldivians speaks English;
More than 1,190 Islands;
Tropical climate;
Maldivian Independence: 1968 (United Kingdom);
Sunni Islam is the official religion;
Neighboring countries (by Sea): India, Sri Lanka, Indonesia, and the Seychelles.
The Maldives belongs to the Central Eurasian Economic Area (Islamic Civilization ).
Economy
Maldivian Economy .
The Maldivian GDP growth of 7% last twenty years;
The main economic sectors are tourism and fishing (40% of the GDP);
Total imports: 60% of the Maldivian GDP;
Maldivian Petroleum: 31% of the total imports;
Maldivian Currency: Rufiyaa;
Special Economic Zones;
Recent investments (FDI): Hilton, Four Seasons, Club Med, KPMG, and Price Waterhouse;
The largest port in the Maldives: Male. Future Port of Thilafushi;
The Maldives has not mineral resources;
Risk of natural disasters;
Effects of the Asian tsunami (2004): near 62% of the GDP .
Foreign Trade
International Trade of the Maldives .
Maldivian merchandise exports (% of the GDP): 23%;
Maldivian Merchandise imports (% of the GDP): 23.6%;
Service exports (% of the GDP): 4.4%;
Service imports (% of the GDP): 1.4%;
Maldivian FDI Inflows (% of the GDP): 1.3%;
Top Maldivian
Export Markets :
China, Kazakhstan, Turkey, and Bangladesh;
Top Maldivian import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey.
(c) EENI
(c) EENI Global Business School (1995-2023)
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