China to help develop business sector

An MoU was signed with China’s State Administration for Market Regulation.

15 May 2019, 9:00 AM
A Memorandum of Understanding was signed Monday for China’s State Administration for Market Regulation to provide technical assistance to the Maldives economic development ministry.
Chinese experts would help identify and resolve problems in the business environment and provide assistance with “market regulation, consumer protection, and challenges facing small and medium-sized enterprises,” Economic Development Minister Fayyaz Ismail told the press after the signing ceremony at Hotel Jen.
The Maldives could benefit from China’s experience in adhering to international best practices, he added.
SAMR Minister Zhang Mao signed the MoU on behalf of the Chinese authority.

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