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Maldives accelerates plan to lower dependence on India
Context
The diplomatic row between India and the Maldives, sparked by controversial tweets, led to consequences beyond strained relations. Social media boycott calls aimed to disrupt tourism, but President Muizzu's pivot to China resulted in a surge of Chinese tourists.
Tourism
- Boycott Call: Social media campaign urging the boycott of Maldives tourism aims to disrupt Maldives' tourism industry, a major revenue source.
- Shift to Chinese Tourism: There is a surge in Chinese tourist arrivals amid tensions with India. Despite a drop in Indian tourists, overall tourist numbers increased.
- Comparison: Chinese tourists surged from 6,563 to 25,303, contributing to a total increase in tourist arrivals from 1,97,252 to 2,22,502.
Diversification Efforts:
- Infrastructure Development: Maldives announced construction of a 100-bed hospital with Chinese aid. Strengthening of Maldives-China ties post-diplomatic fallout with India.
- Agriculture schemes: Agreements signed for agricultural schemes to reduce food import dependence.
- Local production: Emphasis on local production of staple foods to decrease reliance on Indian imports.
Geostrategic Implications (Impact on Indian Exports):
- Export vulnerability: Risks to trade and economic cooperation between the two nations. Key Indian exports to the Maldives include cabbages/cauliflowers, eggs, melons, and live animals.
- Loss of market: Threat to Indian exports due to shifting alliances with China. It poses threat to the mutually beneficial relationship between India and the Maldives.
- Economic fallout: Potential economic repercussions for Indian exporters due to loss of market share. There is need for diplomatic efforts to address the fallout and maintain stability in the region.
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