$565m credit line for Maldives, talks on free trade pact

India and Maldives have revitalized their relationship, marked by PM Modi's visit and a new $565 million line of credit. Agreements were signed to reduce Maldives' debt burden and boost economic cooperation through investment and trade. Both nations affirmed their commitment to security in the region, focusing on development projects and defense cooperation.

Jul 26, 2025 - 05:40
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$565m credit line for Maldives, talks on free trade pact
India and Maldives have revitalized their relationship, marked by PM Modi's visit and a new $565 million line of credit. Agreements were signed to reduce Maldives' debt burden and boost economic cooperation through investment and trade. Both nations affirmed their commitment to security in the region, focusing on development projects and defense cooperation.

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