India and the Maldives took significant steps to reinforce their bilateral relations, signing a currency swap agreement and agreeing to further development cooperation. The pact aims to address the Maldives financial crisis, with a focus on infrastructure development across the island nation.
India and the Maldives took significant steps to reinforce their bilateral relations, signing a currency swap agreement and agreeing to further development cooperation. The pact aims to address the Maldives' financial crisis, with a focus on infrastructure development across the island nation.During Maldivian President Mohamed Muizzu’s five-day state visit, he held talks with Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi.
President Muizzu, who had previously championed an 'India out' campaign, has since softened his position. He sacked ministers critical of India and Modi, signaling a desire to rebuild relations. The ceremonial welcome at Rashtrapati Bhawan, and Muizzu’s visit to Rajghat to pay respects to Mahatma Gandhi, symbolized this warming of ties.To aid the Maldives' struggling economy, India agreed to roll over a $50 million Treasury Bill for another year, offering crucial budgetary support.
India- Mardives Currency Swap Pact Mohamed Muizzu’S Maldives President PM Modi Rupay Card India- Mardives Currency Swap Pact
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Jaishankar Meets Muizzu, Says His Visit Will Give New Impetus To India-Maldives TiesExternal Affairs Minister S Jaishankar called on Maldivian President Mohamed Muizzu and expressed confidence that his talks with Prime Minister Narendra Modi will lend a new impetus to our friendly ties. Muizzu arrived in India on a bilateral visit on Sunday.
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Maldives: रिश्ते सुधारने भारत पहुंचे राष्ट्रपति मुइज्जू, हैदराबाद हाउस में पीएम मोदी के साथ बैठक आजMaldives: रिश्ते सुधारने भारत पहुंचे राष्ट्रपति मुइज्जू, हैदराबाद हाउस में पीएम मोदी के साथ बैठक आज,Maldives: President Muizzu arrives in India to improve relations, meets PM Modi at Hyderabad House today
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