Maldives Signs First Bilateral Free Trade Deal, With China
by Mary Swire, Tax-News.com, Hong Kong
13 December 2017
China and the Maldives signed a free trade agreement (FTA) on December 7, having concluded negotiations towards the deal in September.
The FTA will exempt almost 96 percent of bilateral trade flows from tariffs, including the majority of China's industrial and agricultural exports to the Maldives.
Both territories will open up their services markets and offer investors 'most-favored-nation' treatment under World Trade Organization rules.
The FTA also includes chapters on rules of origin, customs procedures, trade facilitation, trade remedy procedures, and technical barriers to trade, among other things.
The agreement is the Maldives' first bilateral free trade agreement.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Should I Incorporate My Business In Texas? »
- International Tax Planning »
- unsurprising teething problems »
- Cyprus Laws and Regulations »
- A warren of rabbit holes »
- GDPR, a possible laughing matter? »
- Why is Hong Kong One Of The Best Place To Base Your International Corporation? »
- Banking in UAE »
- VAT in the Construction Industry »
- Why choose New Zealand as an offshore financial centre? »