What did Maldives get a loan of 4,850 crores, 72 heavy vehicle, the most trusted friend Maldives?

After finishing his visit from Britain, Prime Minister Narendra Modi arrived on a visit to a country with which India’s relations have not been very satisfactory in the last few years. An India Out Campaign started in Maldives in the year 2023. Its purpose was to keep India out of the internal politics of Maldives. The attitude of Mohammad Mujjuka was soft towards China and a little strict towards India. But during this visit of PM Modi, it is a lot to come to the airport to receive himself and then to get a guard of honor by making a guest of Independence Day. The Prime Minister has a two -day visit to Maldives and is on a journey of Male for the third time. However, during the tenure of Mujju, any foreign head of State is the first visit. Therefore, this journey has very important meaning for both countries.

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What did Maldives get from India

India has provided loan assistance of Rs 4,850 crore to Maldives under the new MoU (MoU) during the Prime Minister’s visit to Maldives. The Government of India provided 72 heavy vehicles to the Ministry of Defense of Maldives. After negotiating with President Muizu, Prime Minister Modi said that Maldives has an important place in India’s ‘neighbor’s first’ policy and ‘Ocean’ approach and India is proud to be the most trusted friend of Maldives. PM Modi said that India and Maldives will work towards finalizing the bilateral investment treaty. The Prime Minister said that we have decided to provide a loan assistance of US $ 56.5 million to Maldives. Along with this, India will always support Maldives in strengthening its defense capabilities.

What did PM Modi say during the press conference?

PM Modi said that on behalf of all the people of India, I wish the President and the people of Maldives hearty on the historic anniversary of 60 years of independence. I express my heartfelt gratitude to the President for inviting as the chief guest on this historic occasion. This year, India and Maldives are also celebrating their 60th anniversary of their diplomatic relations. The roots of our relationship are older than history … The postage stamp released today shows that we are not only neighbors, are also co -passengers. Prime Minister Narendra Modi said that mutual cooperation in the defense and security sector is a sign of mutual trust. The building of the Ministry of Defense which is being inaugurated today is a strong building of this belief, a symbol of our strong partnership … Our partnership will now be in meteorological. Regardless of the weather, our friendship will always be bright and clear … peace, stability and prosperity in the Indian Ocean region is our shared goal. We have taken several steps to speed up our economic partnership. In order to speed up mutual investment, we will soon work towards finalizing the bilateral investment treaty, negotiations have also started on the free trade agreement.

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4000 Social Housing Units New Housing of many families in Maldives

PM Modi said that our goal is from paperwork to prosperity. During the President’s visit to India in October last year, we shared the vision of comprehensive economic and maritime security partnership, now it is becoming a reality and the result of that is that our relations are touching new heights … 4000 social housing units created by India’s cooperation will now be new shelters of many families in Maldives … Soon the start of Ferris system will be easier and easy.

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