 Business in the Maldives,
Male
Syllabus of the Subject: Foreign Trade and Business in the Maldives.
Male
- Introduction to the Republic of Maldives (Asia)
- Maldivian Economy
- Foreign Trade (Import, Export) 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
Maldivian Preferential Access and Free Trade Agreements
- The Maldives and the Central Eurasian Economic Area
- South Asian Association for Regional Cooperation (SAARC)
- South Asia Subregional Economic Cooperation (SASEC)
- Asian Clearing Union (ACU)
- Free Trade Agreement (FTA) with India
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
The objectives of the Subject “Foreign Trade and Business in the Republic of Maldives” are the following:
- To analyse the Maldivian Economy and Foreign Trade (Import, Export, FDI)
- 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
Sample of the Subject - Doing Business in the Maldives:

Description of the Subject: Doing Business in the Maldives.
The Republic of Maldives.
Tourism and fishing sector: 40% of the Maldivian GDP
- 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
- Neighbouring countries (by Sea): India, Sri Lanka,
Indonesia,
and the Seychelles
The Maldives belongs to the Central Eurasian Economic Area (Islamic Civilisation).

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
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, Russia, Kazakhstan,
Turkey, and Bangladesh
- Top Maldivian import suppliers: China, Russia, South Korea, Kazakhstan, Germany, and Turkey


The Maldives is a member of...
- Organisation of Islamic Cooperation (OIC)
- Islamic Development Bank
- World Customs Organisation
- Economic and Social Commission for Asia and the Pacific (ESCAP)
- Asian Development Bank (ADB)
- Boao Forum for Asia
- Maldives-Middle East (AMED)
- Africa-Asia Strategic Partnership (NAASP)
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)
(c) EENI Global Business School
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