Maldives’ Foreign Minister Moosa Zameer expressed gratitude to the Indian government for extending $50 million in budget support to the island nation, despite recent tensions in bilateral relations. The support comes in the form of a one-year rollover of a $50 million Treasury Bill through the State Bank of India in Male’. The Maldives government expressed appreciation for India’s generosity, which has enabled numerous infrastructure and community development projects, including grants. Zameer’s statement highlights the Maldives’ commitment to continuing this collaborative partnership for the mutual benefit of both countries.
The diplomatic strain between the two nations arose from President Muizzu’s demand for the withdrawal of Indian military personnel operating in the Maldives. Last week, Zameer clarified that 76 Indian military personnel had been replaced by civilian employees of Hindustan Aeronautics Limited, ending speculation about the exact number repatriated. India fully withdrew its soldiers from the Maldives following Muizzu’s insistence on their departure.
Despite the diplomatic rift, the Maldives government acknowledges the significance of India’s support in various sectors. The budgetary assistance is expected to aid the Maldives in fulfilling its financial commitments. The Maldives’ Foreign Office Spokesperson, Zeenath Ali, emphasized the government’s appreciation for India’s assistance, which has contributed to the success of numerous development initiatives.
The Maldives and India have a long-standing friendship, and the Maldives government hopes to continue this partnership for the mutual benefit and prosperity of their people. Both nations recognize the importance of cooperation and collaboration in various fields, and the Maldives values India’s support in its development endeavors.
