This is the second such mechanism for exporting Bangladesh’s drugs. The government earlier signed a similar agreement with Sri Lanka in June.
The MoU for medical sector collaboration signed on Tuesday on the sidelines of the WHO regional meeting in Dhaka would also allow exchanges of doctors and nurses.
Maldives students who come to Dhaka for studying in medical college would also now come under this MoU, health minister Mohammed Nasim said while witnessing the signing.
Junior health minister Zahed Malek and his Maldives counterpart Hussain Rasheed signed the MoU.
Maldives recently shut down its embassy in Dhaka as it was facing “unprecedented fiscal problems".
Bangladeshis with more than 70 percent of its total 111,000 expatriate workers dominate the market there.
Bangladeshi doctors are also working in Maldives government hospitals.