MNCCI to address the Foreign Currency shortage

foreignMaldives National Chamber of Commerce and Industry (MNCCI), Maldives Association of Construction Industry (MACI), Maldives Association of Tourism Industry (MATI) and Maldives Seafood Processers and Exporters Association (MSPEA) are collaborating efforts in resolving- one of the most serious economic problems facing the Maldives business community-the foreign currency shortage. The problem is further exacerbated by the highly import-dependent nature of the economy.

EXIM Bank of India meets with MNCCI

EXIM bank logoExport-Import Bank of India is the premier export finance institution of the country, set up in 1982 under the Export-Import Bank of India Act 1981. Government of India launched the institution with a mandate, not just to enhance exports from India, but to integrate the country’s foreign trade and investment with the overall economic growth.