Maldives set to scrap China deal

Bloomberg

The Maldives is reportedly planning to pull out of a free trade agreement with China as the island nation moves closer to India and the West after Ibrahim Mohamed Solih won the presidency in a September election.
The trade imbalance between China and the Maldives is “so huge that nobody would think of a free trade agreement between such parties,” Reuters cited Mohamed Nasheed, a former president and now an adviser to Solih, as saying.
He separately told the BBC that the trade deal was “very one-sided” and that Chinese investments would be reviewed.
Former president Abdulla Yameen had signed the free trade agreement with China in Beijing in December last year.

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