President Mohamed Muizzu returned to the Maldives on Thursday after a five-day state visit to India held from 6 to 10 October, during which the two countries adopted a new framework for economic and maritime security partnership. The visit also covered India's financial support to the Maldives, including a currency swap and a rolled-over payment.
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President Mohamed Muizzu and First Lady Sajidha Mohamed returned to the Maldives on Thursday following a five-day state visit to India, marking his first state visit since taking office in November 2023.
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a positive step towards deeper bilateral engagement
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including the rollover of T-bills by one year without interest and an additional INR 30 billion ($400 million) under a currency swap agreement.
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India extended a financial olive branch by rolling over a US$50 million payment due by the Maldives this year to 2025.
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As the Maldives and India approach the 60th anniversary of formal diplomatic relations in 2025
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The visit, which took place from 6 to 10 October at the invitation of Indian President Droupadi Murmu, saw President Muizzu engage in high-level discussions with Indian officials, including Prime Minister Narendra Modi.
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