Economy Fisheries

30 days: Slash import duty for diesel for fishing boats

November 18, 2018
Achieved
Dec 2018

President Solih ratifies two amendment bills to the export import act

President's Office December 20, 2018

President Ibrahim Mohamed Solih has on Thursday, ratified two Amendment Bills to the Export Import Act of Maldives (Act No. 31/79).

The Amendment Bills ratified by the President are the 15th Amendment to the Export Import Act of Maldives, passed by the Parliament on Tuesday, December 11, 2018, at the 20th sitting of the third session of the People’s Majlis, and the 16th Amendment to the Export Import Act of Maldives, passed by the Parliament on Wednesday, December 12, 2018, at the 21st sitting of the third session of the People’s Majlis.

Following ratification of the 16th Amendment to the Export Import Act of Maldives, import duty has been waived from diesel used in fishing vessels.