New Delhi: Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement to the tune of $400 million, a move that would help the archipelago nation overcome foreign exchange reserve issues.
Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year.
Muizzu, who is on a four-day state visit, held talks with Prime Minister Modi at the Hyderabad House here.
After the talks, India also handed over 700 social housing units to the Maldives built under the EXIM Bank’s buyer’s credit facilities.
"Today, we have inaugurated the redeveloped Hanimaadhoo Airport. Now, the Greater Male Connectivity Project will also be expedited. We will also support the development of a new commercial port in Thilafushi," Modi told reporters here with Muizzu by his side.
Modi said India and Maldives have decided to initiate discussion on the Free Trade Agreement to further strengthen economic ties.
The prime minister described Maldives as a "close friend" which had an important position in India's neighbourhood policy and SAGAR vision.
"India has always fulfilled the responsibilities of a neighbour. Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction," Modi said.
Earlier, Muizzu was accorded a ceremonial welcome at the Rashtrapati Bhawan by President Droupadi Murmu. Prime Minister Modi was also present on the occasion.
Muizzu was given a tri-services guard of honour before he drove down the Rajghat to offer his respects at the memorial to Mahatma Gandhi.
The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.
Muizzu won the presidential election last year on the 'India out' campaign and asked New Delhi to withdraw its military personnel posted in the archipelago nation by May this year.
The bilateral ties also hit a rocky patch when Maldivian ministers were critical of Modi. However, Muizzu has since toned down his anti-India stance and even sacked ministers who were critical of the Indian prime minister.
As the Maldives was grappling with a serious economic downturn, India has decided to extend vital budgetary support to the Maldives government with the rollover of a $50 million Treasury Bill for another year.
Comments
LOL...kuchbee, he is the biggest shit of india..GOD is pure, mercfull & good, this man try to show off that he is with hindus, becarful my dear hindu brother he may change his mind based on the situation. like this people are called marons of 21st century.
words cannot express for this man s. statement , he was dreaming in the daylight
Sita came to his dream and she might have told that Rama is fedup of the Jungle life now he need one place to settle down and to have good rest in his rest of the life.
About Shias all are have one openion that shias not considered as Muslims they are another part of Kuffars.
Why this guy is playing with the sentiments of Hindu Brothers, Although i am a Muslim but we should respect other religions too and their sentiments. When More then 100 crores of our hindu brother and sisters pray him and he is so powerfull then why lord Ram will come in his dreams. May be time or place is not perfect for him to stay on that perticular place. if lord Ram would wish he can accept prayers of crores of peoples and settle the matter.
cant expect worse than this from a bhakt.
chacha....fear Allah before its too late
First of all, does the God cry. If he is crying he can not be God.
The one and only true God will never come in dream and will not cry.
The real God is never be seen NOR imaginable to anyone.
This is the attribution of Ture God.
Let us say for the sake of argument, he has dreamed. It does not mean it is credible dream.
The dreams are 2types True dream and fake Shaytani dream.
About this man who is controversial already in the past, has always been trying to get the mercy of Hindus. He wants to be closure with them.
He is selling his Islamic values of true belief for worldly gains. He is Munafiq
God knows how Shiyas have selected him to be their head of waqf board.
This is the true picture of Shiyas. No basic knowledge of Thoheed/ Oneness.
May God guide them.
I think this is the chamatkar of desi brand. If you start drinking foreign brand before going to bed Lord Jesus also may visit you soon!
Please give a bit more explanation about the divine-human encounter. Rama was alone or Sita was also there with him? Did he go soon after expressing his sadness before you or he also had food with you before leaving?
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