The Maldives Ministry of Economic Development and Trade has announced the ratification of the new Foreign Investment Law on 3 September 2024. --- Press Release President Dr. Mohamed Muizzu Ratifies the New Foreign Investment Law, Modernizing the Foreign Investment Framework of Maldives In a significant move towards enhancing the investment climate in the Maldives, President His Excellency Dr. Mohamed Muizzu today, has ratified the new Foreign Investment Law. The law brings significant changes to the foreign investment framework of the Maldives, replacing the old legal structure that has governed foreign investments for over 45 years. The primary objective of the...