As debt looms and foreign reserves dwindle, Muizzu's invitation to PM Narendra Modi and the push for increased Indian tourism highlight a pragmatic approach to foreign relations
India on Monday said the ongoing visit of Maldivian President Mohamed Muizzu aims at building on the "strong and extensive foundation" of bilateral ties, and its outcomes will enable the India-Maldives relationship to "scale new heights". Foreign Secretary Vikram Misri at a briefing here shared the contours of the visit and also said Prime Minister Narendra Modi has accepted President Muizzu's invitation to visit the Maldives next year and added that its schedule will be worked out through diplomatic channels. Misri told reporters that the Maldivian president is accompanied by a large number of cabinet ministers and a business delegation. The Maldivian president accompanied by First Lady Madam Sajidha Mohamed and a Maldivian delegation arrived in India on Sunday. On Monday, he held extensive bilateral talks with Prime Minister Modi. Though the Maldivian president attended PM Modi's swearing-in ceremony in June, it is his first bilateral visit to India and seeks to reset ties. Aske
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Economic challenges prompt Maldives to strengthen ties with India, sign Rs 30 billion currency swap agreement
The inauguration of a new runaway in the Maldives built under an airport redevelopment project assisted by India and the official launch of the RuPay card in the island nation on Monday are aimed at boosting economic ties and tourism cooperation between the two countries. Prime Minister Narendra Modi and Maldivian Mohamed Muizzu jointly virtually inaugurated the runway at the Hanimadhoo International Airport and also witnessed via weblink a live transaction using a RuPay payment service card in the Maldives. The launch took place after the two leaders held extensive talks which Muizzu in his press statement said were to "chart a new path for the future". The Maldivian president accompanied by First Lady Madam Sajidha Mohamed and a Maldivian delegation arrived in India on Sunday evening. Though the Maldivian president attended PM Modi's swearing-in ceremony in June, it is his first bilateral visit to India. Prior to the launch of different India-assisted projects in the Maldives, a
Sharing pictures with Muizzu, Jaishankar on X wrote, "Pleased to call on President Mohamed Muizzu today at the start of his State Visit to India."
During this visit, President Muizzu will hold meetings with President Droupadi Murmu, Prime Minister Narendra Modi and other senior officials
Maldives President Mohamed Muizzu will pay a five-day visit to India beginning Monday with an aim to reset ties that came under some strain since November last year. Though the Maldivian president attended Prime Minister Narendra Modi's swearing-in ceremony in June, it will be his first bilateral visit to India. The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, the Indian military personnel were replaced by civilians. The Ministry of External Affairs (MEA), announcing Muizzu's trip, said it is expected to lend further momentum to cooperation and robust people to people ties between the two countries. "President of the Republic of Maldives Mohamed Muizzu will be travelling to India on a state visit from October 6 to 10," it said. During his visit, Muizzu will h
This will notably be the second time that Muizzu is visiting India this year after attending the swearing-in ceremony of Prime Minister Narendra Modi earlier this June
This is the second rollover granted by the Indian government this year, following the first rollover of a $50 million Treasury Bill in May
India remains a major partner for Maldives and also a major contributor to the development, especially in the education sector, Maldives Education, Labour & Skills Minister Ahmed Shafeeu has said. He was addressing education and skilling resources exhibition and conference DIDAC INDIA, on Wednesday. "India has been a leader in many ways, not only in the region but also globally. When we consider India's economic and technological development, as well as its contributions to education and skill development, it's important to recognize its significance," Shafeeu said at the three-event that began on September 18 here. The event is being organised by Messe Stuttgart India in collaboration with India Didactics Association (IDA). It was inaugurated by renowned spiritual leader Sri Sri Ravi Shankar in the presence of Shafeeu and Jacinta Allan, Premier of Victoria. Ravi Shankar said educational institutions should prioritize addressing the mental health issues of teachers, students, and
Concerns that cash-strapped Maldives could become 1st country to default on Islamic sovereign debt had pushed bond - its only listed international fixed-income instrument - to a record low last month
Maldivian President Mohamed Muizzu will travel to India on an official visit "very soon", his spokesperson said on Tuesday. Heena Waleed, the chief spokesperson at the President's Office, announced Muizzu's visit on a day when two junior ministers, suspended in January for derogatory comments against Prime Minister Narendra Modi - resigned from the government. She said that while the exact date for the trip is yet to be finalised, the two sides are discussing a date, which is of convenience to the leaders of both countries, the Sun Online news portal reported. "The President is scheduled to visit India very soon. As you are aware, such trips are scheduled for a time of maximum convenience to leaders of the two countries. Discussions regarding this are in progress, she said during a press conference. Muizzu, known for his pro-China leanings, visited New Delhi on June 9 to attend Prime Minister Modi's swearing-in ceremony. Unlike his predecessors, who made the first port of call to N
The security due 2026 dropped to 70.24 cents on the dollar Thursday, a record low. The sukuk has posted double-digit losses in August
Maldivian President Mohamed Muizzu has accused the opposition of attempting to stage a "financial coup" and said all those behind the plot to topple his government would be brought to justice, media reports said on Tuesday. On Sunday, the Bank of Maldives (BML) suspended foreign transactions for existing debit cards, as well as new debit and credit cards linked to MVR accounts. It also lowered the monthly standard and gold credit card limit to USD 100. However, it reversed the decision within hours, saying it was based on instructions from its regulator, the Maldives Monetary Authority (MMA), The Edition news portal reported. Speaking at a party hub meeting of the ruling People's National Congress (PNC) on Monday night, President Muizzu said that he had worked to find a resolution for the Bank issue alongside his ministers as soon as he had become aware of the situation. He asserted that the bank's decision had been against his advice, the portal reported. Muizzu said that many had
Main Opposition Maldivian Democratic Party has welcomed the recalibration of the India policy by President Mohammad Muizzu-led government and said that the Maldives is confident that India will always be the first to assist it in times of emergency. Abdulla Shahid, the president of the Maldivian Democratic Party, made the remarks after he met External Affairs Minister S Jaishankar here on Saturday. Jaishankar is on a three-day official visit to Maldives to reset the bilateral relationship, the first high-level trip from India after the archipelago nation's pro-China President Muizzu assumed office last year. "Great pleasure to warmly welcome and meet Indian External Affairs Minister @DrSJaishankar to the Maldives with my colleagues from @MDPSecretariat," Shahid, the former foreign minister, said in a statement posted on 'X' late Saturday night. "The Maldives has always been confident that India will always be the first responder any time the Maldives dials an international 911", h