Officials from Sri Lanka and the Maldives met to discuss strengthening bilateral relations and cooperation, including the signing of an income tax treaty, on 6 June 2024.
This follows after the Maldives ‘ Minister of Foreign Affairs, Moosa Zameer, met with Sri Lanka’s Prime Minister Dinesh Gunawardena in Colombo.
Zameer was accompanied by Maldives’ State Minister of Foreign Affairs Sheryana Abdul, High Commissioner of Maldives Masood Imad, Additional Secretary Shiruzimath Sameer, Director General Aishath Fareena, and Deputy High Commissioner Fathimath Ghina.
MP Yadamii Gunawardena, Secretary to the Prime Minister Anura Dissanayake, Director General of Foreign Ministry Niluka Kadiragamuwa, and International Affairs and Media Advisor to Prime Minister Sugeeswara Senadhira accompanied Prime Minister Dinesh Gunawardena.
Officials from both nations negotiated to sign an Investment Protection Treaty and Double Tax Avoidance Agreement to facilitate remittances by Sri Lankans employed in the Maldives who receive payment in Maldives currency and to allow Maldivian students and medical tourists to make payments in Sri Lanka.
The treaty is the first between the two countries and must be signed and ratified before it can come into force.
