India, Maldives sign four MoUs to boost ties New Delhi will support Maldives Foreign Minister's candidature for UNGA president
New Delhi and Male signed four agreements, including a $100 million Indian grant for an ambitious connectivity project.
In addition to two MoUs for “high impact” community development projects, the countries signed an MoU on cooperation in sports and youth affairs and another for the $100 million grant, which is part of India’s “$500 million package” for the Greater Male Connectivity Project(GMCP).
The two governments inked a deal for a $400 million line of credit from the Exim Bank of India.
Amid New Delhi’s growing concern over China’s growing influence in the region, the ties with the Maldives have remained under sharp focus.