India Has Said Yes To Extend Debt Repayment Deadline: Maldives Foreign Minister

Moosa Zameer’s go to to India got here amid strained political ties between India and Maldives (File)

Male, Maldives:

Maldivian International Minister Moosa Zameer has stated that important strides have been made in expediting India-assisted tasks within the Maldives, as he underscored the federal government’s dedication to prioritising the resumption and completion of those tasks.

Mr Zameer, who visited India from Might 8 to 10 on his very first bilateral official go to, stated he and his Indian counterpart S Jaishankar engaged in bilateral discussions on Might 9 to deal with pivotal issues aimed toward expediting the tasks initiated with India’s monetary help.

He stated the discussions with S Jaishankar centered on the operational dynamics of the committees entrusted with executing these tasks, reported.

Talking at a press convention held within the President’s Workplace, Mr Zameer stated India has given the Maldives the inexperienced sign to increase the reimbursement deadline for $ 150 million of a $ 200 million debt. The mortgage was secured by the earlier authorities upon assuming workplace in 2019.

Mr Zameer stated that $ 50 million of the $ 200 million owed to India was repaid in January. He emphasised that the Indian authorities has not made any calls for in trade for extending the reimbursement interval of the remaining $ 150 million.

The minister stated {that a} spectrum of initiatives throughout the Maldives have been kickstarted via loans and grants from India throughout the earlier administration.

He stated important strides have been made in expediting India-assisted tasks.

He emphasised the present authorities’s dedication to prioritising the resumption and completion of those tasks. He additionally underscored his dedication to this endeavour throughout his current go to to India.

In the course of the official discussions between the 2 nations, S Jaishankar reiterated the importance of India’s ongoing tasks within the Maldives.

Mr Zameer’s go to to India got here amid a downturn within the bilateral ties between the 2 international locations since pro-China president Mohamed Muizzu assumed workplace six months again.

The relations between the 2 international locations got here beneath extreme pressure in view of Muizzu insisting on withdrawal of Indian navy personnel working three navy platforms within the island nation.

Mr Zameer on Saturday stated 76 Indian navy personnel have been changed by civilian staff of the Hindustan Aeronautics Restricted which manufactured the 2 helicopters gifted by India, thus additionally ending the suspense over the precise variety of these repatriated on the insistence of Male.

Nonetheless, the Maldives authorities has no intention of eradicating the docs from India at Senahiya. 

(Apart from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)


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