Following the talks, India today granted Maldives a USD100 million Treasury bills roll over, in addition to both sides inking a USD 400 million and Rs 3,000 crore currency swap agreement
Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement to the tune of USD 400 million, a move that would help the archipelago nation overcome foreign exchange reserve issues. Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year. Muizzu, who is on a four-day state visit, held talks with Prime Minister Modi at the Hyderabad House here. After the talks, India also handed over 700 social housing units to the Maldives built under the EXIM Bank's buyer's credit facilities. "Today, we have inaugurated the redeveloped Hanimaadhoo Airport. Now, the Greater Male Connectivity Project will also be expedited. We will also support the development of a new commercial port in Thilafushi," Modi told reporters here with Muizzu by his
Financial support from New Delhi to revive an ailing economy is expected to top the agenda when Muizzu meets PM Modi on Monday
While this is his first official state visit to New Delhi, it marks Maldives President Mohamed Muizzu's second visit to India, following his attendance at PM Modi's swearing-in ceremony in June
This will notably be the second time that Muizzu is visiting India this year after attending the swearing-in ceremony of Prime Minister Narendra Modi earlier this June
Anura Kumara Dissanayake's swearing in as Sri Lanka's new President must have been closely followed in New Delhi, given that it came shortly after Sheikh Hasina's removal from power in Bangladesh
This is the second rollover granted by the Indian government this year, following the first rollover of a $50 million Treasury Bill in May
India remains a major partner for Maldives and also a major contributor to the development, especially in the education sector, Maldives Education, Labour & Skills Minister Ahmed Shafeeu has said. He was addressing education and skilling resources exhibition and conference DIDAC INDIA, on Wednesday. "India has been a leader in many ways, not only in the region but also globally. When we consider India's economic and technological development, as well as its contributions to education and skill development, it's important to recognize its significance," Shafeeu said at the three-event that began on September 18 here. The event is being organised by Messe Stuttgart India in collaboration with India Didactics Association (IDA). It was inaugurated by renowned spiritual leader Sri Sri Ravi Shankar in the presence of Shafeeu and Jacinta Allan, Premier of Victoria. Ravi Shankar said educational institutions should prioritize addressing the mental health issues of teachers, students, and
Chief of Defence Staff General Anil Chauhan on Saturday held extensive talks with Maldives' Chief of Defence Force Major General Ibrahim Hilmy, focusing on a reset of military ties that came under severe strain after President Mohamed Muizzu assumed office in November last. The talks between the two top military officials came a day after India and the Maldives held the fifth round of defence dialogue which decided to expedite implementation of the ongoing defence projects. Officials said the talks were aimed at furthering the bilateral defence cooperation, especially on measures to strengthen regional security and enhance bilateral training opportunities. It is understood that cooperation in the maritime security domain dominated the discussions. The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office around 10 months back. Within hours of his oath, he had demanded the withdrawal of the Indian
India and the Maldives on Friday held a fresh round of "productive" defence dialogue with a focus on the situation in the Indian Ocean and ways to expedite implementation of ongoing defence projects. The defence dialogue in Delhi took place nearly a month after External Affairs Minister S Jaishankar paid a three-day visit to the Maldives, in the first high-level trip from New Delhi after the island nation's pro-China president Mohamed Muizzu assumed office. "The entire range of talks were productive which will advance shared interests of both the nations in near future and bring stability and prosperity in the Indian Ocean Region," the defence ministry said on the defence dialogue. The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office last November. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel
External Affairs Minister S Jaishankar's visit here was a "significant milestone" in bilateral ties, the Maldivian foreign ministry has said, underscoring that the two countries have expressed their desire to elevate their friendship and strong alliance to new heights. Jaishankar's official visit to the Maldives from Friday to Sunday was the first high-level trip from New Delhi after President Mohamed Muizzu, seen as a pro-China leader, assumed office in November last year. India's relationship with the Maldives soon came under severe strain due to the actions of the new government here. The Maldives foreign ministry in a statement on Jaishankar's visit and his meeting with President Muizzu and talks with foreign minister Moosa Zameer and other leaders said that "both Minister Zameer and Minister Dr. Jaishankar expressed their desire to elevate the friendship and strong alliance between the Maldives and India to new heights." Zameer reiterated the commitment of the Maldives governme
MoUs on capacity building of additional 1,000 Maldivian civil servants in India and on the introduction of UPI in Maldives were exchanged
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The Maldives is a key partner for India in the Indian Ocean region and the two nations aspire to turn their cooperation into a modern partnership, External Affairs Minister S Jaishankar said on Sunday. Jaishankar's remarks came as he along with his Maldivian counterpart Moosa Zameer attended the handing over ceremony of Addu Reclamation and Shore Protection Project and inauguration of the 4-lane Detour Link road project facilitated by the Government of India under the Line of Credit of EXIM Bank. "The Maldives for us is a key partner in the Indian Ocean region. It is very much at the heart of our Neighbourhood First policy. And it is therefore very natural that the cooperation between our two countries has moved beyond the traditional role. And today really aspires to be a modern partnership," Jaishankar said. "Our development cooperation is aimed at touching all facets of people's lives and finding ways of bringing tangible benefits to their lives," he said. In the last few years,
Main Opposition Maldivian Democratic Party has welcomed the recalibration of the India policy by President Mohammad Muizzu-led government and said that the Maldives is confident that India will always be the first to assist it in times of emergency. Abdulla Shahid, the president of the Maldivian Democratic Party, made the remarks after he met External Affairs Minister S Jaishankar here on Saturday. Jaishankar is on a three-day official visit to Maldives to reset the bilateral relationship, the first high-level trip from India after the archipelago nation's pro-China President Muizzu assumed office last year. "Great pleasure to warmly welcome and meet Indian External Affairs Minister @DrSJaishankar to the Maldives with my colleagues from @MDPSecretariat," Shahid, the former foreign minister, said in a statement posted on 'X' late Saturday night. "The Maldives has always been confident that India will always be the first responder any time the Maldives dials an international 911", h
External Affairs Minister S Jaishankar on Saturday met Maldives President Mohamed Muizzu and other top leaders and assured them that New Delhi attached top priority to its multifaceted relationship with Male and was determined to further its developmental cooperation with the country. Jaishankar's visit to the Maldives is the first high-level trip from New Delhi after the island nation's pro-China president, Muizzu, assumed office in November last year. "This visit is an opportunity to take stock of what our countries have achieved together as well as to chart out an aspirational blueprint for the coming years of what we are confident, will be a truly multifaceted partnership, Jaishankar said after talks with his Maldivian counterpart Moosa Zameer. "The bedrock of our partnership is the mutual benefit of our peoples," he said, noting that this is manifested in diverse sectors of our cooperation health, education, large infrastructure development, defence, maritime, agriculture, ...
External Affairs Minister S Jaishankar met Maldivian President Mohamed Muizzu here on Saturday and emphasised New Delhi's commitment to deepen India-Maldives ties for the benefit of the people in the two countries and the region. Jaishankar is on a three-day official visit to Maldives to reset the bilateral relationship, the first high-level trip from India after the archipelago nation's pro-China president Muizzu assumed office last year. "Privileged to call on President Dr Mohamed Muizzu. Conveyed greetings of PM @NarendraModi. Committed to deepening India-Maldives ties for the benefit of our people and the region," Jaishankar posted on X along with a photograph of the meeting. Jaishankar's trip to the Maldives comes weeks after President Muizzu's visit to India in June to attend the swearing-in ceremony of Prime Minister Narendra Modi's government. The Maldives is one of India's key maritime neighbours in the Indian Ocean region and the overall bilateral ties, including in the .
Jaishankar is in Maldives for an official three-day visit from August 9 to 11
India and Maldives have signed an agreement to introduce the Unified Payments Interface in the archipelago nation, which will have a "very positive" impact on its tourism sector, External Affairs Minister S Jaishankar has said. The Memorandum of Understanding was signed on Friday during Jaishankar's three-day official visit to the Maldives. "Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Ministry of Economic Development and Trade of Maldives on (the) introduction of (a) digital payment system in the Maldives," he said in a post on X. Developed by the National Payments Corporation of India (NPCI), Unified Payment Interface (UPI) is an instant real-time payment system to facilitate inter-bank transactions through mobile phones. Addressing a press conference with his Maldivian counterpart Moosa Zameer after their "productive discussions", Jaishankar said that India, through its UPI, has "revolutionised digital transactions". Stressing that it
Jaishankar is in Maldives for an official three-day visit from August 9 to 11