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India Announces ₹4,850 Cr Line of Credit for Maldives
July 26, 2025
|Business Standard
Modi Holds Talks With Muizzu, Says Proud to Be the Most Trusted Friend of the Maldives
India is proud to be the most trusted friend of the Maldives, Prime Minister Narendra Modi said on Friday after announcing a ₹4,850 crore line of credit to the island nation. Modi made the remarks after holding wide-ranging talks with Maldivian President Mohamed Muizzu, focusing on consolidating cooperation in areas of trade, defence, and infrastructure.
The prime minister's visit marked a major turnaround in India-Maldives ties after a spell of unease. Modi also announced that the two countries would work towards finalising a bilateral investment treaty and that negotiations for a free trade pact have already started.
هذه القصة من طبعة July 26, 2025 من Business Standard.
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