India-Maldives launch Big Men connectivity projects; India extends credit line of 100 million USD

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Solih told the media that the relationship between the Maldives and India “goes beyond diplomacy. This visit serves as confirmation of our two countries’ close ties. Six documents on topics like cyber security, disaster management, and the development of police infrastructure were exchanged between the two nations. The exchanging of agreements was seen by PM Modi and the president of the Maldives.

Arindam Bagchi, a spokesperson for the Ministry of External Affairs, stated earlier in the day: “A partnership bound by the waves of the Indian Ocean, supported by intimate historical and cultural links. President @ibusolih of the Maldives and Prime Minister @narendramodi reviewed the development of our bilateral relations and talked about measures to strengthen the unique cooperation. President Solih will have a discussion with an Indian business delegation in Delhi in addition to his official engagements in New Delhi. President Solih will also travel to Mumbai, Maharashtra, during this trip and take part in business activities there.

President Solih emphasised the helpful role India has played in the nation’s affairs over the past two years back in March. In a speech to the nation, Solih commended the Indian government for helping his nation combat the COVID-19 outbreak by providing vaccines, among other things. Solih identified a number of cordial bilateral allies. The Maldives’ COVID-19 reaction efforts were supported by New Delhi, he singled out, but this was only one instance.

The Maldives hold a particular place in India’s Neighbourhood First Policy as one of its most important neighbours in the Indian Ocean region. All areas of cooperation within the partnership have shown remarkable expansion in recent years. The Maldives have traditionally been a close and significant maritime neighbour for India. Despite the inconveniences caused by the pandemic, the two countries’ numerous relationships have grown stronger. Together, India’s “Neighborhood First” and the Maldives’ “India First” policies address common issues and accomplish shared goals.

Story Highlights

  • In addition to launching the “Greater Male connection projects in the Maldives,” Indian Prime Minister Narendra Modi and Maldivian President Ibrahim Mohamed Solih signed agreements in the fields of cyber security, disaster management, and the development of police infrastructure. India will provide a grant of USD 100 million and a line of credit of USD 400 million for the construction of the Male connectivity projects. Additionally, India provided the Maldives with a line of credit worth $100 million for development initiatives.

  • A movie highlighting the Greater Male Connectivity project and other development initiatives that are strengthening the relationship between India and the Maldives was shown prior to the exchange. “We have also decided to grant an additional line of credit of USD 100 million to the Maldives so that all projects can be completed in a timely way,” Prime Minister Modi said at the joint press release with the president of the Maldives.