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India extends assistance to Maldives

Post by Admin Dec 18,2018

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Post by Admin Oct 01,2018

India extends assistance to Maldives

Post by Admin,Dec 18,2018.

Prime Minister Narendra Modi on 17 December 2018 announced $1.4 billion financial assistance to Maldives after his extensive talk with President Ibrahim Mohamed Solih, where both the sides vowed to deepen security cooperation in the Indian Ocean region. The two countries have also inked four pacts, including visa facilitation.

  • The security interests of the two countries were intertwined and both sides will work together to further strengthen cooperation in the Indian Ocean region.
  • India is extending $1.4 billion as budget support, currency swap and line of credit for the social and economic development of Maldives.
  • The two sides agreed to strengthen maritime security cooperation in the Indian Ocean region through coordinated patrol and aerial surveillance.
  • Solih arrived on 16 December 2018 on a three-day state visit, his first foreign trip after assuming the charge of the top office in the island nation a month ago. Modi had attended Solih’s swearing-in ceremony on November 17.
  • Relations between India and the Maldives deteriorated after then president Abdulla Yameen imposed emergency on February 5 this year.
  • India had criticised his decision and asked his government to restore the credibility of the electoral and political process by releasing political prisoners. The emergency lasted for 45 days.


  • The Maldives, officially the Republic of Maldives, is an Asian countrylocated in the Indian Oceansituated in the Arabian Sea
  • It lies southwest of Sri Lanka and India. The chain of 26 atolls stretches from Ihavandhippolhu Atoll in the north to the Addu City in the south. 
  • Comprising a territory spanning roughly 298 square kilometres (115 sq mi), the Maldives is one of the world's most geographically dispersed sovereign states as well as the smallest Asian country by land area and population, with around 427,756 inhabitants. 
  • Malé is the capital and most populated city, traditionally called the "King's Island" for its central location.