The Trump Administration on Wednesday announced its intent to provide USD 9.5 million in assistance to the Maldives as part of its effort to strengthen its ties with the island nation.
In a meeting with visiting Maldivian Foreign Minister Abdulla Shahid, US Secretary of State Mike Pompeo discussed their common interest in deepening bilateral ties and their shared commitment to a free and open Indo-Pacific region.
Shahid underscored the importance of his government's reform efforts to the vitality of Maldives' democracy and future prosperity, according to the State Department Deputy Spokesperson Robert Palladino.
"Pompeo expressed strong support for the US-Maldives partnership, announcing the intent of the State Department to work with the Congress to provide USD9.75 million in additional assistance for Maldives," Palladino said.
During the meeting Pompeo hailed the signing of a memorandum of understanding to enhance aviation security and an intent by USAID to facilitate sustained collaboration with the Maldives.
He also noted that the US is cooperating with the Maldives to share best practices in the areas of debt strategy, public financial management, and combatting financial crimes.
Pompeo also welcomed the Maldives' commitment to judicial reform, transparency, and rule of law, Palladino said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
