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Maldives, India Sign Eight Agreements, Including Step Toward FTA, $565M Credit Line
The Maldives and India signed eight agreements on Friday, 25 July 2025, during Indian Prime Minister Narendra Modi's two-day state visit, including an agreement to initiate work towards a Free Trade Agreement and a new $565 million line of credit for development projects. The agreements were exchanged at a ceremony at the President's Office in Malé, attended by Modi, President Mohamed Muizzu and senior officials from both countries.
Sources1carried itMR1 of 19 news outlets we monitor
Figures6as written, with their sentences
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
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will always provide assistance to the Maldives as it has done in the past.
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$565 millionline of credit for development projectsMaldives Republica new $565 million line of credit (LOC) for development projects, during Indian Prime Minister Narendra Modi’s two-day state visit to the island nation.
Word for word from the report in Maldives Republic. Open the report
$450 millionremaining funds from previous line of creditMaldives RepublicThe $565 million LOC includes $450 million remaining from an $800 million LOC arranged during the administration of former President Ibrahim Mohamed Solih, leaving $115 million in fresh funds.
Word for word from the report in Maldives Republic. Open the report
$800 millionoriginal line of credit arranged under Solih administrationMaldives Republic$450 million remaining from an $800 million LOC arranged during the administration of former President Ibrahim Mohamed Solih
Word for word from the report in Maldives Republic. Open the report
$115 millionfresh funds in new line of creditMaldives Republicleaving $115 million in fresh funds.
Word for word from the report in Maldives Republic. Open the report
21-gun salutegun saluteMaldives RepublicModi was formally welcomed by Muizzu at Republic Square in Malé with a 21-gun salute and a guard of honour by the Maldives National Defence Force.
Word for word from the report in Maldives Republic. Open the report
60thindependence anniversaryMaldives RepublicModi’s visit coincides with the Maldives’ 60th independence anniversary and the anniversary of the establishment of diplomatic ties with India.
Word for word from the report in Maldives Republic. Open the report
Modi was formally welcomed by Muizzu with a 21-gun salute and a guard of honour by the Maldives National Defence Force.Earlier on FridayRepublic Square in MaléMaldives RepublicEarlier on Friday, Modi was formally welcomed by Muizzu at Republic Square in Malé with a 21-gun salute and a guard of honour by the Maldives National Defence Force.
Word for word from the report in Maldives Republic. Open the report
