Einar Tangen, a senior fellow at Chinese think tank Taihe Institute, pointed out that Muizzu has visited both China and India this year, as well as the US, indicating the nation’s desire to balance ties on all sides.
“China would like to see it (Maldives) remain neutral … And the Maldives have very wisely decided that they’re going to be non-aligned,” he said.
ISAS’ Palit said that months after Muizzu settled into his presidential role, his administration is likely beginning to realise that ‘India out’ and heavy dependence on China is not a viable long-term move for the nation.
“There are downsides to excessive proximity to China. It’s important to hedge, and stay as balanced as possible within the competing strategic interests in the region,” he said.
He added that while a potential free trade agreement between the Maldives and China could greatly boost the island nation’s tourism, it could remove a large amount of custom duties, which is another source of major income.
“Tourism is not an entirely sustainable proposition. It’s important for the Maldives to ensure that heavy dependence on tourism does not divert away (other income),” he told CNA’s East Asia Tonight programme.
“I would be inclined to the view that the Maldives is beginning to take note of the fact that a more balanced approach is statistically, strategically and economically feasible, and it’s perhaps going to stay committed to that.”
As the Maldives charts its course, its role in international diplomacy continues evolving, shaped by its commitment to multilateral engagement and safeguarding its independence.