- April 18, 2022
- Posted by: [email protected]
- Categories: Investor, Maldives Investor, Maldives Resorts, Tourism
India and the Maldives signed 7 MoUs for development projects worth $1.7 million (over Rs 12.96 crore) on April 18 under the Indian grant assistance scheme.
Further extending the diplomatic partnership between India and the Maldives, the two countries signed seven MoUs for several development projects worth $1.7 million (over Rs 12.96 crore) on Monday, April 18. The developmental projects promised in the MoUs have been taken under the Indian grant assistance scheme for the High Impact Community Development Project (HICDP) through local bodies.
The accords were signed by the Maldives Foreign Minister Abdulla Shahid and Indian High Commissioner, Munu Mahawar. The Maldives Foreign Minister hailed the new projects launched under MoUs and asserted that such projects will further strengthen Male-New Delhi ties. He further underlined India’s efforts in aiding socio-economic development in local communities by promoting health and wellbeing, youth empowerment, and preservation and protection of culture and heritage.
Shahid lauded India’s commitment to uplift the socio-economic development of the Maldives and stated that it will further nourish ties between the neighbouring nations.
More Info : republicworld.com