India & Maldives signal 5 offers to spice up infrastructure

External Affairs Minister (EAM), S. Jaishankar was on a two-day official go to to the archipelago nation the Maldives to assessment bilateral ties and growth cooperation. During this go to, Mr S Jaishankar handed over 1 lakh extra doses of the made-in-India COVID-19 vaccine to the Maldives. With this, the whole Covid vaccine doses gifted by India for the Maldives reaches two lakh. Jaishankar additionally supplied a $40-million line of credit score (LoC) to help the event of sports activities infrastructure within the Maldives.

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Apart from this, 5 pacts have been signed between India and Maldives to spice up infrastructure within the island nation. They included:

  • Amendatory Agreement to repurpose an older EXIM Bank of India Line of Credit of USD 25 million for Road Devt.
  • Letter of Intent between EXIM Bank and native authorities for financing a housing venture of 2000 models in Hulhumale.
  • MoU on grant funding USD 0.5 million for a fish processing plant in Kendhikulhudhoo within the northern Maldives.
  • MoU on capability constructing and trade of content material and experience between Prasar Bharati and Public State Media, Maldives.
  • MoU on sustainable city growth between MoHUA and Ministry of nationwide planning, housing and infrastructure, Maldives.

Important takeaways for all aggressive exams:

  • President of the Maldives: Ibrahim Mohamed Solih.
  • Capital of Maldives: Male; Currency of the Maldives: Maldivian Rufiyaa.

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