Maldives Seeks Debt Relief from India, Softens Anti-India Stance

Brief by Shorts91 Newsdesk / 03:18pm on 22 Mar 2024,Friday India Global

Maldives President Mohamed Muizzu has struck a reconciliatory tone toward India, seeking debt relief. He acknowledged India as the Maldives' closest ally and expressed appreciation for India's aid. Muizzu urged India to accommodate debt relief measures for the Maldives' heavy loans, amounting to approximately $400.9 million by the end of 2023. He conveyed his desire to expedite ongoing projects with India, like the bridge and Hanimaadhoo Airport. This marks a shift from his earlier hardline stance when he demanded the withdrawal of Indian military personnel by May 10.

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