Economic ministry and the Maldivian judiciary held a one-day colloquium at Hotel Jen on Monday, in a bid to enhance the judiciary's role in transforming the country into a regional business hub.
The colloquium on 'Doing Business in Maldives - A Judicial Perspective' was attended by relevant officials from the Supreme Court, High Court, Civil Court, Department of Judicial Administration (DJA), some government institutions, as well as by heads of several companies. The event's opening ceremony was officiated by President Abdulla Yameen Abdul Gayoom.
The colloquium primarily focuses on the judiciary's role in legal and regulatory matters relating to doing business in the Maldives.
The event also aims to aid the government's target of climbing up ranks in 'the ease of doing business index', a tier created by the World Bank to measure regulations that enhance or constrain business activity in a country. The Maldives is currently ranked at 135th place.