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India signs USD 50 mln LoC agreement to boost Maldives' maritime capability


India signs USD 50 mln LoC agreement to boost Maldives maritime capability
ANI |
Updated: Feb 21, 2021 17:36 IST
New Delhi [India], February 21 (ANI): India has signed a USD 50 million line of credit (LoC) agreement with the Maldives to facilitate maritime capability building of the island nations.
According to a joint India-Maldives joint statement, the agreement was signed between the Government of Maldives and EXIM Bank India.
The agreement was signed during the visit of External Affairs Minister S Jaishankar to the Maldives.
Welcome the signing of USD 50 million Defence LoC agreement with the Maldives. Will facilitate capability building in the maritime domain, Jaishankar tweeted. ....

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India signs $50 mn agreement to boost Maldives' maritime capability


India has signed a USD 50 million line of credit (LoC) agreement with the Maldives to facilitate maritime capability building of the island nations.
According to a joint India-Maldives joint statement, the agreement was signed between the Government of Maldives and EXIM Bank India.
The agreement was signed during the visit of External Affairs Minister S Jaishankar to the Maldives.
Welcome the signing of USD 50 million Defence LoC agreement with the Maldives. Will facilitate capability building in the maritime domain, Jaishankar tweeted.
Jaishankar, accompanied by a delegation of senior officials from India, paid an official visit to the Maldives on 20-21 February 2021 at the invitation of Maldivian Foreign Minister Abdulla Shahid. ....

Indian Ocean , New Delhi , Mohamed Aslam , Ibrahim Ameer , Mohamed Nasheed , Abdulla Shahid , Ibrahim Mohamed Solih , Prasar Bharati , Ministry Of National Planning , National Planning , Economic Development , Defence Forces Of The Maldives , High Impact Community Development , Bank India , Public Service Media , Security Council , Un Security Council , Affairs Minister , Economic Development Fayyaz Ismail , Ministers Of Foreign Affairs , Bank Buyer Credit , Fahi Dhiriulhun Corporation , Ministry Of Housing , India On Sustainable Urban Development , External Affairs Ministers Jaishankar , Defence Loc ,