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PM Modi and President of Maldives jointly inaugurate development projects in the Maldives via video conference

PM Modi and President of Maldives jointly inaugurate development projects in the Maldives via video conference

The Prime Minister Narendra Modi and President of Maldives Ibrahim Mohamed Solih jointly inaugurated various key development projects in the Maldives via video conference.

Key Points:

  • They include India Coast Guard Ship Kaamiyaab to the Maldives, the launch of RuPay card, lighting up of Male using LED lights, High Impact Community Development Projects, and the launch of fish processing plants. This has strengthened the bilateral cooperation in all sectors.
  • The Fast Interceptor Craft Coast Guard Ship "Kaamiyaab", would help in enhancing the Maldives' maritime security, and promote the blue economy and tourism.
  • The Government of India is working on building a cancer hospital and cricket stadium in Hulhulmale while working on the water and sanitation project in 34 islands.
  • Both countries would enhance cooperation for peace and security in the Indian Ocean Region.

India and Maldives relation:

  • India and Maldives share ethnic, cultural, linguistic, religious and commercial links. They enjoy close, cordial and multi-dimensional relations. India was one among the countries which recognised the Maldives after its independence in 1965 and also it has made its best to establish diplomatic relations with the country.
  • According to India’s “Neighbourhood First Policy,” India stands ready to fully support the Government of the Maldives in all its socio-economic development. Similarly, the Maldivian government has reiterated its “India First” policy” to work closely with the government of India on all issues.
  • Economic factors:
  1. Indian expatriates: There are about 25,000 Indian expatriates in the Maldives who are engaged in a number of professional pursuits, and their security is also of prime concern for India.
  2. Blue economy: The Maldives plays an integral role in realising the potential of Indian Ocean blue economy as a contributor to the security and sustainable development of sea resources.
  3. Tourism: Maldives and India see regular tourist visits. Indian tourists also account to nearly 6% of tourists Maldives receives every year. 

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