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'India has always played role of first responder for Maldives': PM Modi tells Muizzu | WATCH

The Indian Prime Minister emphasised how New Delhi has always given preference to Male and its people by launching multiple projects. This year, PM Modi said the State Bank of India (SBI) did a rollover of 100 million dollars of the Treasury Bench of Maldives.

Edited By: Ajeet Kumar @Ajeet1994 New Delhi Updated on: October 07, 2024 14:53 IST
Maldives President Mohamed and PM Modi during a joint presser in New Delhi
Image Source : INDIA TV Maldives President Mohamed and PM Modi during a joint presser in New Delhi

New Delhi: Prime Minister Narendra Modi and visiting Maldivian President inaugurated multiple projects virtually from Hyderabad House on Monday. During a joint presser held in New Delhi, both leaders signed several MoUs and vowed to work together. Both leaders also inaugurated the runway of Hanimaadhoo International Airport in Maldives virtually and officially launched the Rupay Card. "A few days back, RuPay card was launched in Maldives. In the time to come, India and Maldives will be connected through UPI," said PM Modi.

Earlier today, PM Modi met Muizzu here for extensive discussions on strengthening bilateral ties that are emerging after hitting a rocky patch last year. Muizzu arrived here on Sunday evening on a five-day visit.

During the presser, PM Modi said India has always been a first responder for Maldives whenever it was in trouble. "First of all, I extend a hearty welcome to President Muizzu and his delegation. India and Maldives relations are centuries old. India is Maldives' nearest neighbour and close friend. Maldives holds an important position in our neighbourhood policy and SAGAR vision. India has always played the role of first responder for Maldives,' Prime Minister Narendra Modi said.

"India has always fulfilled the responsibilities of a neighbour. Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction," he added following the inauguration of multiple key projects.

Muizzu extends gratitude 

The Indian leaders emphasised how New Delhi has always given preference to Male and its people by launching multiple projects. This year, the Prime Minister said the State Bank of India (SBI) did a rollover of 100 million dollars of the Treasury Bench of Maldives. "As per the needs of the Maldives, a 400 million dollars and Rs 3000 Crores currency swap agreement was also signed...," he noted.

In response, the visiting President also acknowledged the assistance provided by India and extended his gratitude for always helping at the time of crisis. "India is a key partner in the socio-economic and infrastructure development of Maldives and has stood by Maldives during our times of need. I would like to thank PM Modi, the government and the people of India for the generous assistance and cooperation extended to Maldives over the years..."

Also Read: PM Modi, Maldives President hold bilateral talks, vow to boost defence cooperation, talks on FTA | TAKEAWAYS

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