Maldives

Photo: Twitter/@DrSJaishankar

India Inks Defence Deal Worth $50 Million With Maldives

Strengthening the strategic partnership, India on February 21 signed a $50 million defence Line of Credit (LOC) agreement with the Maldives. The deal aims to facilitate capability building in maritime domain. The move came as India's External Affairs Minister S Jaishankar is on a two-day visit to the island nation. Jaishankar held a "cordial meeting" with Maldivian Defence Minister Mariya Didi as well. Moreover, Jaishankar expressed India's commitment to be a reliable security partner.

Sun, 21 Feb 2021 - 03:18 PM / by Ronit John

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