Indian Prime Minister Narenda Modi visited the Maldives to reinforce political and economic ties amid the country’s increasing alignment with China. Following the election of Maldives President Mohamed Muizzu, who promoted an anti-India stance, tensions rose when Indian military personnel were withdrawn from the Maldives. Despite initial rhetoric, Muizzu acknowledged India as a close partner during Modi's visit, which coincided with the Maldives' 60th independence anniversary. Modi announced a $565 million credit line and reduced repayment terms, signaling substantial economic engagement and discussions for a potential free-trade agreement.
Modi's visit coincided with celebrations marking the 60th anniversary of the Maldives' independence from British rule in 1965, highlighting the longstanding ties between the two nations.
India has offered the Maldives a $565 million credit line and reduced repayments on a previous credit line, enhancing economic cooperation between the two countries.
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