Narendra Modi announced a $565 million credit line to the Maldives during his visit aimed at enhancing their infrastructure development. India will support strengthening Maldivian defence capabilities and initiate free trade discussions. Relations with the Maldives have become delicate following President Mohamed Muizzu's election, which saw a shift towards China. However, Modi underscored India's role as the first responder for the Maldives and emphasized collaborative goals for peace, stability, and prosperity in the Indian Ocean region.
Prime Minister Modi announced a $565 million credit line for Maldivian infrastructure development, emphasizing India’s commitment to the Maldives as its first responder and partner in security.
India is keen to boost its influence in the Maldives amidst concerns over rising Chinese presence, especially after President Muizzu's election on an anti-India platform.
Modi's visit signifies support for Maldivian defence capabilities and the finalization of a bilateral investment agreement, aiming to strengthen India-Maldives relations.
Despite previous tensions due to the withdrawal of Indian military personnel under President Muizzu, India has played a role in stabilizing the Maldivian economy.
#india-maldives-relations #defence-cooperation #infrastructure-development #indian-ocean #china-influence
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