- Have the trust of financial organizations
- Maldives has the praise of ADB, IDB
- Maldives also has to be treated fairly
Economic Minister Mohamed Saeed has said that the Maldives leaving the commonwealth will not have any negative effects on it's economy.
Regarding the Maldives decision to leave the Commonwealth, Minister Saeed said that Maldives is a free country, and that Maldives must also be treated fairly no matter how small it is.
"We must also be treated fairly. This is the global order. There will be no taking of unfair advantages," Saeed said.
Minister Saeed said that Maldives is a country which finds success in both business and development.
"Maldivian businessmen and people have done this for ages. So the trust of the worlds financial market will always be present. The view of the worlds banks will not change," Saeed said.
The minister said that one piece of evidence that shows that this does not affect the economy is organizations such as the World Bank welcoming the introductions to the Maldivian financial market.
"Organizations such as the IMF, ADB believe that our system is becoming modernized. So i do not believe that this will have any negative impacts," Saeed said.
The Maldives left the Commonwealth saying that it was trying to influence the internal decisions of the Maldives, and that Maldives was being treated unfairly.
At the news conference held at the presidents office after Maldives decided to leave the commonwealth, Attorney General Mohamed Anil said that the charter of U.N and commonwealth states that free countries such as the Maldives have the power to protect their self rule.
"CMAG has asked us to uphold democratic principles in the Maldives. And then they asked the government to interfere in the court cases. To finish the cases in a certain way. We are informing that this not something the government can do," the Attorney General said.
