Brief by Shorts91 Newsdesk / 03:05am on 29 Jul 2024,Monday India Global
Maldives President Mohamed Muizzu thanked India for helping ease the Maldives' debt repayment. Speaking at the Independence Day function, he praised India's support and expressed hope for stronger ties and a free trade agreement with New Delhi. He also mentioned negotiating currency swap agreements with both India and China to address US dollar shortages. Muizzu acknowledged the importance of economic sovereignty and highlighted his administration's diplomatic successes over the past eight months. He reaffirmed India's position as the Maldives' closest ally despite previous tensions and noted ongoing efforts to secure debt relief and economic stability.
