India announces a $565 million line of credit to Maldives...

During a visit to the Maldives, Indian Prime Minister Narendra Modi announces a $565 million line of credit and launches free-trade talks with Maldivian President Mohamed Muizzu. Marking 60 years of diplomatic ties, Modi emphasizes the Maldives’ strategic importance to India’s Indian Ocean vision and its "Neighborhood First" policy. The visit signals easing tensions following Muizzu’s pro-China election win in 2023. India and the Maldives sign agreements in fisheries, health, tourism, and digital development, while Modi also hands over heavy vehicles to Maldivian defense forces, reinforcing bilateral cooperation.

Friday, 25 July, 2025