Modi Calls India “Most Trusted Friend” of Maldives, Announces $565M Credit & FTA Talks

Brief by Shorts91 Newsdesk / 01:56pm on 26 Jul 2025,Saturday India Global

During his official visit to the Maldives marking the country’s 60th Independence Day, Prime Minister Narendra Modi reaffirmed India’s strong commitment to the island nation, calling it “India’s closest neighbor and most trusted friend.” He announced a $565 million (₹4,850 crore) line of credit for infrastructure and development, along with the launch of formal Free Trade Agreement (FTA) negotiations. Multiple MoUs were signed in areas like fisheries, tourism, and health. Modi also emphasized India’s “Neighbourhood First” policy and highlighted key India-funded projects, including housing units and defense cooperation, signaling a renewed strategic partnership. (PC: PTI)

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