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India inks $50 million defence LoC agreement with Maldives

India inks $50 million defence LoC agreement with Maldives EDS: TWITTER IMAGE POSTED BY @DrSJaishankar ON SATURDAY, FEB. 20, 2021 Maldives: External Affairs Minister S.Jaishankar being received by Foreign Minister of Maldives Abdullah Shahid on his arrival in Maldives. (PTI Photo)(PTI02 20 2021 000164A) (PTI)Premium Share Via Read Full Story India on Sunday reiterated its commitment to the Maldives security and signed a $50 million defence Line of Credit (LoC) agreement with it to boost the maritime capabilities of the strategic island nation. India will always be a reliable security partner for the Maldives, External Affairs Minister S Jaishankar said today, as New Delhi signed the agreement with the island nation to facilitate capability building in the maritime domain.

EAM Jaishankar shares photos of Day 2 in Maldives

EAM Jaishankar shares photos of Day 2 in Maldives Premium 1 min read On the second day of his trip, Jaishankar called on Maldivian President Ibrahim Mohamed Solih He also met with top Maldivian leadership including foreign minister Abdulla Shahid Defence Minister Mariya Didi, Minister of Finance Ibrahim Ameer, Minister of Economic Development Fayyaz Ismail Share Via Read Full Story External Affairs Minister S Jaishankar, who arrived in the Maldives on Saturday on the first leg of his two key Indian Ocean region countries tour, attended a number of engagements on the second day of the visit. On Sunday, Jaishankar called on Maldivian President Ibrahim Mohamed Solih and reaffirmed India s fullest commitment as a comprehensive development partner of the island nation during the COVID-19 pandemic and beyond.

India, Maldives sign $50m defence deal-537194

MALE: India on Sunday reiterated its commitment to the Maldives security and signed a USD 50 million defence Line of Credit agreement with it to boost the maritime capabilities of the strategic island nation, reports NDTV. The USD 50 million credit line agreement for defence projects

Maritime capabilities: India, Maldives sign $50 million defence credit line agreement

Maritime capabilities: India, Maldives sign $50 million defence credit line agreement Male India on Sunday reaffirmed its commitment to the Maldives’ security and signed a $50 million defence Line of Credit agreement with the strategically vital Indian Ocean island nation to boost its maritime capabilities, as External Affairs Minister S Jaishankar held in-depth talks with leaders to further cement bilateral ties. The signing of the agreement took place after Jaishankar held talks with Maldivian Defence Minister Mariya Didi, Minister of Finance Ibrahim Ameer, Minister of Economic Development Fayyaz Ismail and Minister of National Planning, Housing and Infrastructure Mohamed Aslam. The $50 million credit line agreement for defence projects was sig­n­ed between the Finance Ministry of Maldives and the Export Import Bank of India.

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