Mohamed Muizzu India Visit: Maldivian President Mohammed Muizzu had come to India with his wife Sajida Mohammed on a 5-day visit. He completed his journey on Thursday (10 October) and returned back to his country. This was the second time this year that Muizzu had visited India after becoming the President. During this, he has expressed gratitude to India for providing financial assistance and support in difficult times.
He especially thanked India for extending the time of the treasury bill of 50 million US dollars (41 crores). Apart from this, on Monday, an agreement was signed between the two countries regarding currency exchange, under which money will be spent on building roads, ports, schools and houses in Maldives.
President Mohammad Muizzu stressed on improving relations with India during his state visit. During the visit, Muizzu stressed on strengthening friendship and development partnership by meeting Prime Minister Narendra Modi, President Murmu and other senior officials of the country. During this period, many new agreements were also signed between India and Maldives, which is being considered an important step towards strengthening bilateral relations.
Major agreements signed between India and Maldives
Prime Minister Narendra Modi And Maldivian President Mohammed Muizzu launched RuPay card in Maldives and inaugurated the new runway at Hanimadhoo International Airport. Along with this, both the leaders agreed to increase cooperation in many important areas, especially in the economic and maritime security fields.
- Launch of RuPay Card: Prime Minister Modi and President Muizzu launched RuPay Card in Maldives, which will facilitate trade and travel between the two countries.
- Hanimadhu International Airport Runway: The inauguration of the new runway will help boost air traffic and tourism in Maldives, symbolizing the growing economic ties between the two countries.
- Maritime Security Partnership: The two sides agreed to a “comprehensive economic and maritime security partnership”, which will further strengthen bilateral cooperation. This decision is very important to maintain stability in the Indian Ocean region.
- Economic Cooperation: India has announced an aid of 400 million dollars to Maldives. Also signed a currency swap agreement worth Rs 3,000 crore. This will help Maldives to overcome the challenges related to lack of money.
- Social Housing Project: India completed and handed over to Maldives the construction of 700 social housing units in Hulhumale, which was built under buyer loan facilities of Exim Bank.
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