City
Epaper

India to announce financial assistance package for Maldives economic recovery post COVID-19: High Commissioner

By ANI | Updated: July 26, 2020 09:55 IST

India will soon announce a substantial financial assistance package to support the Maldivian economy and assist the country in economic recovery post-COVID-19 pandemic.

Open in App

India will soon announce a substantial financial assistance package to support the Maldivian economy and assist the country in economic recovery post-COVID-19 pandemic.

In a message on the occasion of Independence Day of Maldives, Indian High Commissioner here Sunjay Sudhir on Sunday said that New Delhi and Male have an "all-weather friendship steeped in history and with a glorious future".

During these difficult COVID times, Sudhir said that India has provided all possible assistance to the Government of the Maldives in the form of medical supplies, medical teams, essential food supplies and financial assistance.

"Assistance of USD 400 million through an extended Currency Swap Arrangement has been made available already to tide over liquidity shortage. India will soon announce another substantial financial assistance package to support the Maldivian economy and assist in economic recovery post COVID," the statement read.

"Ours is an all-weather friendship steeped in history and with a glorious future. 'India First' policy of Maldives and 'Neighbourhood First' policy of India has set the foundation of the growing relationship," it added.

On the Maldives Independence Day, India President Ramnath Kovind and Prime Minister Narendra Modi have written to President Ibrahim Mohamed Solih conveying their greetings.

The High Commissioner also conveyed heartiest congratulations and felicitations to the government and people of Maldives on Independence Day.

"Diplomatic relations between India and Maldives were established the same year that the Maldives attained independence. This year both our countries also celebrate 55 years of establishment of diplomatic relations," the statement read.

On July 26, the High Commission will launch a photo exhibition commemorating the historical journey traversed by our two countries.

"Photographs, both black and white and colour depicting milestone events from our long journey have been put up on the walls of the High Commission for all to see. They bring out our mutual support and our time tested and unique relationship," the statement stated.

( With inputs from ANI )

Tags: indiaNew DelhiNarendra ModiHigh CommissionRamnath KovindThe new delhi municipal councilDelhi south-westIndiUk-india
Open in App

Related Stories

NationalPM Narendra Modi Extends Greetings on Kartik Purnima and Dev Deepavali, Wishes Happiness and Prosperity

CricketPM Modi Likely to Meet World Cup-Winning Indian Women’s Cricket Team on November 5: Report

CricketPM Modi Congratulates India's Women's Cricket Team After World Cup Win Over South Africa

MaharashtraSanjay Raut Health Scare: PM Modi Wishes Shiv Sena UBT Leader Speedy Recovery

Mumbai'Maharashtra Has Emerged as a Rising Force in the Maritime Sector,' Says CM Devendra Fadnavis (Watch Video)

International Realted Stories

International"French and European pride": Macron lauds Ariane 6's launch carrying Copernicus Sentinel-1D satellite

InternationalPakistan trying to hide 'strategic depth' policy failure in Afghanistan: Report

InternationalT'gana CM congratulates Hyderabad-born Ghazala Hashmi on election as Virginia Lt Governor

InternationalIndia-US conclude 22nd Military Cooperation Group meeting with talks on major defence partnership pact, AI

InternationalSouth Korea's defence chief backs idea of building nuclear submarine at local shipyard