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India Announces ₹4,850 Cr Line of Credit for Maldives
Business Standard
|July 26, 2025
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.
Bu hikaye Business Standard dergisinin July 26, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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