Maldives President Muizzu To Meet India's Modi Amid Economic Woes

2024.10.21 21:05

UnaNowland45600487457 Views:0

NEW DELHI, Oct 7 (Reuters) - Maldives President Mohamed Muizzu will hold talks with Indian Prime Minister Narendra Modi on Monday during a five-day state visit, hoping for New Delhi's continuing support as his Indian Ocean nation recovers from an economic crisis.

Concerns have grown in recent months that cash-strapped Maldives could become the first country to default on Islamic sovereign debt but sentiment has improved since China and India, ประกัน which vie for influence in the strategically located archipelago, extended fresh support lines.

India extended emergency financial support to the Maldives last month by subscribing to its $50 million treasury bill at the request of Muizzu's government, days after China agreed to strengthen trade and investment in the Indian Ocean nation.

Financial support from New Delhi to revive an ailing economy is expected to top the agenda when Muizzu meets Modi on Monday.

"India is fully cognizant of our fiscal situation, and as one of our biggest development partners, will always be ready to ease our burden, find better alternatives and solutions to the challenges we face," Muizzu told the BBC ahead of his visit.

Much of the money the Maldives owes is to China and India, which have extended $1.37 billion and $124 million in loans respectively, according to World Bank Data. The fear of Maldives' default follows a turbulent few years, as COVID-19 hammered the nation's mainstay tourism industry.

Maldives-India relations were hurt after Muizzu won power in April and demanded New Delhi replace 80 defence personnel it had stationed on the Maldives with civilians as part of his "India out" campaign. But the relationship has been on the mend following diplomatic talks and meetings since.

\u0e18\u0e19\u0e0a\u0e32\u0e15\u0e1b\u0e23\u0e30\u0e01\u0e31\u0e19\u0e20\u0e31\u0e22 2+ \u0e08\u0e31\u0e14\u0e40\u0e15\u0e47\u0e21 | \u0e1b\u0e23\u0e30\u0e01\u0e31\u0e19\u0e23\u0e16\u0e22\u0e19\u0e15\u0e4c\u0e04\u0e38\u0e49\u0e21\u0e04\u0e23\u0e2d\u0e07\u0e04\u0e23\u0e1a \u0e0a\u0e14\u0e40\u0e0a\u0e22\u0e04\u0e38\u0e49\u0e21 \u0e43\u0e19\u0e23\u0e32\u0e04\u0e32\u0e2a\u0e1a\u0e32\u0e22\u0e46"Recent developments reflect a positive trajectory in our bilateral relations, and we are committed to fostering a cooperative and mutually beneficial partnership," Muizzu said in an interview published in Monday's Times of India newspaper. (Reporting by Sudipto Ganguly in Mumbai; editing by Raju Gopalakrishnan)
No. Subject Author Date Views
7557 Ѕomething Fascinating Happened Аfter Ꭲaking Motion On These 5 Detroit Ᏼecome Human Porn Suggestions SadieWord42160382621 2024.11.02 0
7556 Как Выбрать Биндер Для Переплета: Советы Экспертов KraigCrowell46989244 2024.11.02 0
7555 Как Выбрать Биндер Для Переплета: Советы Экспертов KraigCrowell46989244 2024.11.02 0
7554 Почему Четверг Рыбный День RenaMungomery977 2024.11.02 0
7553 Почему Четверг Рыбный День RenaMungomery977 2024.11.02 0
7552 Dlaczego Sklep Internetowy Na WooCommerce Jest Lepszym Wyborem Niż Platformy Abonamentowe W Holandii JanessaGrano17666803 2024.11.02 0
7551 Dlaczego Sklep Internetowy Na WooCommerce Jest Lepszym Wyborem Niż Platformy Abonamentowe W Holandii JanessaGrano17666803 2024.11.02 0
7550 首先,泰国禁止喝酒 PhillisArchdall6637 2024.11.01 0
7549 首先,泰国禁止喝酒 PhillisArchdall6637 2024.11.01 0
7548 MACAUSLOT88: Situs Slot Gacor Dengan Link Alternatif Resmi 2024 Franklin12N97003055 2024.11.01 0
7547 MACAUSLOT88: Situs Slot Gacor Dengan Link Alternatif Resmi 2024 Franklin12N97003055 2024.11.01 0
7546 首先,泰国禁止喝酒 PhillisArchdall6637 2024.11.01 0
7545 首先,泰国禁止喝酒 PhillisArchdall6637 2024.11.01 0
7544 9 Ways To Improve Sex Addiction GerardoPerrone4043905 2024.11.01 0
7543 9 Ways To Improve Sex Addiction GerardoPerrone4043905 2024.11.01 0
7542 MACAUSLOT88: Situs Slot Gacor Dengan Link Alternatif Resmi 2024 Franklin12N97003055 2024.11.01 0
7541 MACAUSLOT88: Situs Slot Gacor Dengan Link Alternatif Resmi 2024 Franklin12N97003055 2024.11.01 0
7540 Установка Газового Котла — Проверенное И Выгодное Решение Beverly85901765666933 2024.11.01 0
7539 Установка Газового Котла — Проверенное И Выгодное Решение Beverly85901765666933 2024.11.01 0
7538 5 Ways To Convert Pdf Document To Image ClarissaChadwick249 2024.11.01 0