Male/New Delhi, July 25 -- India and the Maldives signed a number of agreements and also agreed to launch negotiations for a Free Trade Agreement, following talks between Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu in Male today.
Among the MoUs and Agreements signed following the talks between the two sides, are:
1.Agreement for an LoC of INR 4,850 crores to Maldives
2. Amendatory Agreement on reducing annual debt repayment obligations of Maldives on GoI-funded LoCs
3.Terms of Reference of the India-Maldives Free Trade Agreement (FTA)
4. MoU on cooperation in the field of Fisheries & Aquaculture
5. MoU between the Indian Institute of Tropical Meteorology (IITM), Ministry of Earth Sciences and the Maldives Met...