Overview

• Modi became the first foreign leader hosted by President Muizzu, serving as chief guest at the Maldives’ 60th Independence Day in Malé.
• India committed a new $565 million line of credit and extended treasury bill rollovers to support Maldivian finances.
• Both governments agreed on the Terms of Reference for a bilateral Free Trade Agreement and signed memorandums covering fisheries, aquaculture, digital solutions, pharmacopoeia and UPI payments.
• Bilateral talks focused on consolidating their 2024 Joint Vision partnership, with an emphasis on maritime security, defence capacity building and regional infrastructure.
• Modi remotely inaugurated the India-financed expansion of Hanimadhoo International Airport and oversaw other development projects funded through Indian credits and grants.