Delhi-Malé: Beginnings of a welcome recalibration
7 months, 1 week ago

Delhi-Malé: Beginnings of a welcome recalibration

Hindustan Times  

External affairs minister S Jaishankar’s recent visit to the Maldives marked the first ministerial-level visit from India after Maldivian president Mohamed Muizzu’s swearing-in. Muizzu’s policy has seen some shifts in recent months, for the following reasons: India respected the government’s decision to withdraw troops from the Maldives; a majority in parliament offered Muizzu the conditions to tone down anti-India rhetoric and mend ties; other countries are falling short of his expectations over investments, assistance, and diversification; a brewing economic crisis where Indian and Chinese help is crucial; and India’s accommodative policy that has incentivised engagement over escalation. The recent visit puts India-Maldives relations on the right track and underscores India’s importance and diverse engagements with the island nation. Given India’s commitment to its SAGAR vision and Neighbourhood First policy, it is likely that discussions would have orbited around the disbursement and restructuring of Indian loans, and additional budget assistance; India pledged budget assistance of ₹400 crore to the Maldives and offered a year’s extension to a T-bill worth $50 million.

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