The President of Türkiye approved the trade and economic cooperation agreement with the Maldives on 22 April 2025,, which was signed on 27 November 2023 in Ankara. The approval was made through Decision No. 9755, published in Official Gazette No. 32879 on 23 April 2025.
Earlier, Turkey and Maldives signed a Preferential Trade Agreement (PTA), on 4 November 2024, aiming to strengthen trade relations and enhance economic cooperation between the two nations.
The agreement was signed by Economic Minister Mohamed Saeed on behalf of the Maldives and Turkish Trade Minister Prof. Dr. Ömer Bolat on behalf of Turkey.