Maldives: Current Affairs, GK & News - 2020-2021

India and Maldives sign four agreements

Published: November 10, 2020

India and Maldives have agreed over four MOUs during the visit of India’s Foreign Secretary Harsh Vardhan Shringla to Maldives. The four MOUs were signed for cooperation in sports and youth affairs; connectivity project, setting of plant and soil testing labs. Four Agreements between India and Maldives One of the four MoUs was signed for ..

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US signs Defense Cooperation Agreement with Maldives

Published: September 14, 2020

“Framework for U.S. Department of Defense-Maldives Ministry of Defense and Security Relationship” was signed between Deputy Assistant Secretary of Defense for South and Southeast Asia Reed Werner and Maldivian Minister of Defense Mariya Didi in Philadelphia on September 10, 2020. About the Framework The Framework seeks to deepen engagement and cooperation in support to maintain ..

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India grants USD 500 million assistance for connectivity project in Maldives

Published: August 13, 2020

India has announced that it will fund the implementation of the major connectivity project in the Maldives with $400 million line of credit and $100 million grant. This came after the talks between the External Affairs Minister of India and his Maldivian counterpart, Abdulla Shahid. Details of the Project India will fund the 6.7 km ..

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India extended LoC worth USD 18 million to Maldives

Published: August 7, 2020

India has extended the Line of Credit worth $18 million to the Government of Maldives in order to expand the fishing facilities in the island country. The facilities will be improved at Maldives Industrial Fisheries Company (MIFCO). Details The project is regarding investment in fish collection and storage facilities and the setting up of a ..

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India announces Financial Assistance Package for Maldives

Published: July 27, 2020

The Government of India has decided to grant a substantial financial package to the Maldives in order to enable it to tide over the economic crisis it is facing due to the shortage in the tourist footfall due to the COVID 19 pandemic. India has already extended assistance of $400 million through extended currency swap ..

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