Chief Government Spokesperson Mohamed Hussain Shareef has stated that the United Kingdom’s decision to suspend tariffs on Maldivian tuna exports reflects President Dr Mohamed Muizzu’s economic policy direction and foreign policy efforts.

Speaking on a State media programme, Shareef described the suspension of the UK’s 20 per cent import duty on Maldivian tuna products as a major development for the fisheries sector. The tariff suspension took effect on May 20 and will remain in place until the end of 2028.

The spokesperson stated that the President had prioritised the issue since assuming office and had personally raised the matter during his official visit to the United Kingdom last year, including discussions held with King Charles III. He added that the President highlighted the strong demand for Maldivian tuna products in the British market due to the quality and sustainability standards associated with Maldivian fisheries.

The spokesperson noted that the tariff had previously affected the competitiveness of Maldivian tuna exports and created challenges for fishermen seeking better market prices. He said continued diplomatic engagement over the past two years contributed to the Maldives being included in the UK’s duty exemption arrangements.

According to available trade figures, the Maldives exports between 16.7 million and 18 million pounds fish products to the UK annually, making the country the ninth largest supplier of marine fish products to the British market.

The UK remains one of the Maldives’ key export destinations for processed and value-added tuna products. Industry stakeholders expect the tariff suspension to improve competitiveness within the British market following years of trade barriers and tariff-related challenges faced by Maldivian exporters and fishermen.

Shareef added that discussions with the UK government are expected to continue with the aim of making the duty exemption arrangement permanent.