PM Modi arrived in Male on Friday and was warmly welcomed by Maldivian President Mohamed Muizzu at the airport. The two leaders held a full day of meetings and discussions. At the end of the day, they announced several important agreements that will benefit both nations.

New Agreements and Financial Support

One of the biggest announcements was India’s new line of credit of $565 million to support Maldives’ development and economic needs. In addition, India agreed to reduce the Maldives’ annual debt payment by 40%, giving relief to the island nation during its economic difficulties.

The two countries signed seven agreements, also known as Memorandums of Understanding (MoUs). These cover many areas including:

1. Fisheries and aquaculture
2. Meteorology (weather study)
3. Digital public services
4. UPI payment system
5. Indian medicine standards (pharmacopoeia)
6. India’s line of credit
7. Debt repayment easing

Prime Minister Modi said, “For us, it is always friendship first,” and added that India-Maldives relations are “as deep as the ocean.” He highlighted the strong historical and cultural connection between the two nations.

President Muizzu also appreciated India’s role in helping Maldives through tough times, especially by providing essential goods and trade support. He called India a key partner in their growth.

Projects and Support for Defence

Modi and Muizzu jointly opened several India-supported development projects, which include:

1. A new building for the Maldivian Ministry of Defence in Male
2. Roads and drainage systems in Addu City
3. 3,300 housing units in Hulhumale

To further support the Maldives’ defence system, PM Modi also handed over 72 vehicles and equipment to the Maldives National Defence Force.

This visit marks a new beginning in India-Maldives relations, turning the page from past tensions to renewed cooperation and trust. The agreements and joint projects show a strong commitment to peace, progress, and regional friendship.