Revitalizing Ties: India and Maldives Forge New Path

Prime Minister Narendra Modi announced a Rs 4,850 crore line of credit to the Maldives, strengthening bilateral relations. In talks with Maldivian President Mohamed Muizzu, Modi emphasized cooperation in trade, defense, and infrastructure. The visit marks a significant turnaround in ties, underscoring India's 'Neighbourhood First' policy.

In a significant diplomatic move, Prime Minister Narendra Modi announced a Rs 4,850 crore line of credit to the Maldives, reaffirming India's steadfast support to the island nation. The declaration followed extensive talks with Maldivian President Mohamed Muizzu, focusing on bolstering cooperation in trade, defense, and infrastructure sectors.

This visit marks a critical turning point in India-Maldives relations, which had experienced tensions since Muizzu, known for his China-friendly stance, assumed office in 2023. Modi emphasized deepening trade relations, noting that negotiations for a free trade agreement have commenced, with plans for a bilateral investment treaty underway.

Maldives remains a pivotal element of India's 'Neighbourhood First' and MAHASAGAR vision. Amidst the ceremonial welcomes, Modi expressed optimism for a flourishing friendship. Despite past strains, New Delhi's strategic efforts, including economic assistance, have been instrumental in restoring bilateral ties to a promising trajectory.

(With inputs from agencies.)