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Prime Minister Narendra Modi’s recent visit to Maldives underscores India’s commitment to fostering regional partnerships within its strategic neighborhood. The ₹4,850 crore line of credit is indicative of India’s intent to support economic growth while deepening relations with Maldives-a vital partner due to its strategic location in the Indian Ocean.
The inclusion of maritime security discussions reflects broader concerns about maintaining stability amidst rising geopolitical competition in South Asia.Additionally, Mr. Modi’s emphasis on people-to-people connections demonstrates soft diplomacy aimed at reinforcing mutual goodwill through cultural ties.
from an economic perspective, plans for a free trade agreement can substantially boost commercial exchanges between both nations while enhancing regional integration efforts. Furthermore, India’s focus on climate change collaboration aligns with shared concerns as vulnerable coastal nations facing global environmental challenges.
Read more: The Hindu