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Modi Gives Muizzu ₹4,850 Cr Lifeline; FTA on the Table
July 26, 2025
|The New Indian Express Mysuru
INDIA and the Maldives on Friday unveiled a significant reset in bilateral relations, with Prime Minister Narendra Modi announcing a ₹4,850 crore line of credit (LoC) and a new framework for expanding cooperation in trade, defence, infrastructure, and digital connectivity, among others.
Modi's visit, his first to the Maldives in his third term, marks a sharp turnaround in bilateral ties, which had faced strain early in President Mohamed Muizzu's tenure when the latter tried to strengthen relations with China by moving away from India. Reflecting the renewed warmth, Muizzu and his ministers welcomed Modi at Velana airport.
هذه القصة من طبعة July 26, 2025 من The New Indian Express Mysuru.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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