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India offers $100 mn credit line to Mauritius to procure defence assets

The two countries a signed also Comprehensive Economic Cooperation Partnership Agreement

India mauritius ties | Mauritius | defence sector

Press Trust of India  |  Port Louis 

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Representational image

India on Monday offered a USD 100 million line of credit to to facilitate procurement of defence assets and the two countries signed a Comprehensive Economic Cooperation Partnership Agreement following talks between External Affairs Minister S Jaishankar and Prime Minister Pravind Jugnauth here.

"SAGAR policy reaffirmed. Pleased to witness, along with PM @JugnauthKumar, the exchange of USD 100 million Defence Line of Credit. Will facilitate procurement of defence assets, guided by the needs of Mauritius," Jaishankar tweeted.

The two sides also exchanged letters on provision of Dornier aircraft and Dhruv helicopter by India to step up Mauritius' maritime monitoring capabilities.

"A special day for our special relationship. Privileged to witness along with PM @JugnauthKumar the signing of Comprehensive Economic Cooperation Partnership Agreement. India's first such agreement with an African country," Jaishankar said in another tweet.

"Will help focus on post-pandemic economic recovery. Enable business expansion and greater investments, he added.

"A reliable partner, a responsive friend. Welcome the exchange of cooperation instruments on construction of Renal Transplant Unit, Solar Power Plant and on Consumer Protection & Legal Metrology," he tweeted.

Jaishankar, who arrived here in India's strategically key maritime neighbour in the Indian Ocean region on Sunday night from the Maldives on the last leg of his two-nation tour, also handed him over 100,000 additional doses of commercially procured Made in India' COVID-19 vaccines.

"India's helping hand - always over the horizon. Symbolically handed over 100,000 additional doses of commercially procured Made in India Covid vaccines," he tweeted.

He also conveyed warm greetings from Prime Minister Narendra Modi to Prime Minister Jugnauth. "Commend management of the pandemic under his leadership," Jaishankar tweeted.

"Comprehensive discussions on the status of implementation of various infrastructure projects. Appreciate the efficiency of the side in taking them forward," he said in another tweet.

During his visit, Jaishankar will review all aspects of bilateral relations, ongoing implementation of various infrastructure projects being carried out by India in Mauritius, and hold discussions on bilateral, regional and global issues of mutual interest including India's assistance to Mauritius.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, February 22 2021. 16:57 IST