New Delhi, Jan. 31 -- India today flagged its concerns over the Maldives-China FTA and added that New Delhi "would obviously need to take that into account" while framing its own policies.
Ministry of External Affairs spokesperson Randhir Jaiswal said at a briefing:
"We remain in close touch with Maldivian authorities on the situation facing them.
"Recent agreements that are likely to result in revenue loss for the Maldives Government are, obviously, a matter of concern and do not bode well for the long term fiscal stability of the country.
"We would, obviously, need to take that into account while framing our own policies."
The China-Maldives Free Trade Agreement under which both nations will benefit from reduced tariffs and improve...