Four very important agreements were signed today between the Governments of Maldives and United Arab Emirates. The ceremony was held at the Ruler’s Court, Dubai this afternoon.

President Abdulla Yameen Abdul Gayoom and His Highness Sheikh Mohamed Bin Rashid Al Maktoum witnessed today’s signing ceremony.

 

The agreements signed today are as follows:
1. Agreement between the Government of Maldives and the Government of United Arab Emirates for the Avoidance of Double taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital
2. MoU between the Government of Maldives and the Government of United Arab Emirates on Mutual Exemption of Entry Visas for holders of Diplomatic Passports
3. Agreement between the Government of Maldives and the Government of United Arab Emirates on the Promotion and Reciprocal Protection of Investments
4. Loan Agreement between the Government of Maldives and Abu Dhabi Fund for Development to Finance Ibrahim Nasir International Airport Project
President Yameen is on a 3-day official visit to the United Arab Emirates where he will meet key leaders in order to further strengthen and diversify trade, increase technical and financial assistance, and further accelerate socioeconomic ties between the UAE and the Maldives.