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Tags: International News
Prime Minister Narendra Modi announced an additional $100 million loan to Maldives so that all Indian financed projects can be completed in a time-bound manner in Maldives.
This was announced by the Prime minister after meeting the visiting Maldivian President Ibrahim Mohamed Solih in New Delhi on 2 August 2022.
President Solih is on a four day (1 -4 August) visit to India where apart from meeting PM Modi in New Delhi, he will also visit Mumbai, Maharashtra for business meetings.
This is the third visit of Solih to India after assuming office in 2018.
Both the leaders issued a joint statement after their meeting.
Main points of the joint statement.
First Head of State to meet President Murmu
Later in the day the Maldives President met President Droupadi Murmu. He is the first Head of State or Head of Government to meet President Droupadi Murmu.
External Affairs Minister S. Jaishankar in a tweet said that India's Neighbourhood First and Maldives' India First policies are complementary. He added that these policies take the special partnership between India and Maldives forward.
The Maldives is India's key neighbour in the Indian Ocean Region and occupies a special place in India's Neighbourhood First policy. In recent years, the partnership has witnessed rapid growth in all areas of cooperation.
Republic of Maldives
Maldives is an archipelago consisting of around 1200 coral islands and atolls.
It is part of South Asia and is situated in Indian Ocean
The 8 degree channel separates Maldives from India.
Capital: Male
Currency: Rufiyaa
President: Ibrahim Mohamed Solih
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