India announces a $100 million credit line to the Maldives.India has announced a $100 million line of credit to the Maldives to support development projects.

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On Location: August 2, 2022Catch up on the developing stories making headlines.The Associated Press


Maldives President Ibrahim Mohamed Solih (L) and Indian Prime Minister Narendra Modi Photograph:( AP )

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.
Maldivian President Ibrahim Mohamed Solih's four-day visit to India, the two countries together have signed a total of six agreements which are in many areas, including disaster management, cyber security, affordable housing.

India and Maldives together marked the start of construction on the Greater Male Connectivity Project, a 6.74- kilometer- (4.2 mile)- long bridge and causeway funded by India that will connect the nation's capital, Male, to three other islands.

Together, the two countries have decided to maintain peace and prosperity in the region.

India and Maldives are good friends, India has helped Maldives a lot, Prime Minister of India Narendra Modi has said that we stand firmly with Maldives, we will help each other strongly to avoid covid-19 .

Maldives President Solih said that we will work with safety and caution in the Indian Ocean.  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.

Maldives is a good friend of India, whenever there is any trouble on Maldives, India has openly supported it. India has provided a lot of relief material help to Maldives, you have come very close to the country of India and Maldives,

India and Maldives relations will be very good with this visit, India has a chance to counter China in the Indian Ocean. China is spreading its expansion in the Indian Ocean, in such a situation, India should work in solidarity, which India will continue to do. India has also helped Sri Lanka.




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