India announces a $100 million credit line to the Maldives
2 years, 4 months ago

India announces a $100 million credit line to the Maldives

Associated Press  

NEW DELHI — India will give a $100 million line of credit to the Maldives to support development projects, Prime Minister Narendra Modi said on Tuesday after holding talks with his counterpart, President Ibrahim Mohamed Solih. Solih said the two leaders discussed terrorism and the need to “enhance maritime safety and security in the Indian Ocean region”. Neither mentioned China, but Solih’s election in 2018 marked a shift from his predecessor, Abdulla Yameen Abdul Gayoom, who developed close ties with Beijing in an area India considers as its backyard. “The Maldives will always remain a true friend of India,” Solih said on Tuesday, adding that the relationship between the two will be “of the highest priority”.

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