Prime Minister Narendra Modi on Friday announced that India has signed a pact to extend a Rs 4,850 crore line of credit to the Maldives, after bilateral meetings between the two countries.Additionally, PM Modi announced that discussions for the free trade agreement have also started between the two nations. "We have decided to promote renewable energy. India will share its experience in this sector with Maldives. I would like to congratulate you all on this historic event and thank you for the warm welcome," said PM Modi. PM Modi is visiting Maldives at the invitation of President Muizzu and will attend the country's 60th Independence Day celebrations as the Guest of Honour.The two leaders met at Republic Square following the ceremonial welcome, which included a 21-gun salute, Guard of Honour by the Maldives National Defence Force (MNDF), and a cultural dance performance by children. The national anthems of both countries were also played during the reception.Ministry of External Affairs Spokesperson Randhir Jaiswal said that said the visit marks 60 years of diplomatic ties between India and the Maldives.
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