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India announces USD 100 ml LoC for Mauritius

Press Trust of India  |  Port Louis 

today announced a new Line of Credit of USD 100 million for defence procurement by as the two sides signed many agreements on the second day of Ram Nath Kovind's visit here.

The agreements were signed after Kovind held delegation-level talks with and members of his Cabinet.

"and share common security concerns in the Region...I am happy to announce today that will supply a Multi-Purpose Offshore Patrol Vessel to Mauritius under a Line of Credit," Kovind said.

The other agreements/MoUs signed between the two sides include an MoU on cooperation between in and Mauritius; an MoU on the establishment of an at the University of Mauritius; an MoU between the (UPSC) in India and the Public Service Commission of Mauritius; and an agreement to facilitate cultural exchanges between the two countries.

Mauritius President hosted a lunch in honour of President Kovind, who congratulated Mauritius on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 22:20 IST