#pmmodi #indiamaldivesrelations #economicties #mohamedmuizzu #ModiMuizzuMeeting
During his second visit to India, Mohamed Muizzu, President of the Maldives, engaged in extensive discussions aimed at strengthening bilateral ties and planning future collaborations. The talks resulted in a comprehensive vision document focusing on economic and security development, trade partnerships, digital initiatives, energy projects, and health cooperation. Muizzu expressed gratitude to Prime Minister Modi and the Indian government for their generous support over the years, particularly the recent financial assistance of 30 billion Indian rupees and $400 million to address foreign exchange challenges faced by the Maldives. Key developments during the visit included the virtual launch of a financial accessibility initiative for the Maldivian people and the completion of 700 housing units, financed through Indian banks. The inauguration of the upgraded runway at Maddu Airport promises enhanced connectivity and economic growth. Additionally, Muizzu emphasized the importance of finalizing a free trade agreement with India to unlock the full economic potential of both nations and boost Indian investments in Maldivian tourism and development sectors. He highlighted the deep-rooted people-to-people connections, noting that many Maldivians travel to India for various needs while a significant number of Indians contribute to the Maldives' development.
#EconomicCooperation #BilateralTies #FreeTradeAgreement #FinancialAssistance #RegionalDevelopment #HousingInitiatives #MadduAirport #TourismGrowth #TradePartnerships #HealthCooperation #PeopleToPeopleConnect #DigitalInitiatives #EnergyProjects #IndianInvestments #StrongPartnership #MutualGrowth
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