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India extendeds $100 million amount of line of credit to Seychelles to allow it to buy defence equipment from India

India has extended a $100 million line of credit to Seychelles to allow it to build its defense capabilities and purchase weapons from India. The two nations also signed six Memoranda of Understanding (MoU), including in the area of infrastructure development in Seychelles, cyber security and white-shipping arrangement that would enable the two countries to ..