Daily Current Affairs on India & Maldives sign 5 deals to boost infrastructure for General Knowledge ( All Exams) Preparation

Back to Main Page

Daily Current Affairs

India & Maldives sign 5 deals to boost infrastructure

Current GK ( Master) International Affairs
Download PDF
India & Maldives sign 5 deals to boost infrastructure
  • External Affairs Minister (EAM) S. Jaishankar was on two-day official visit to to the archipelago nation Maldives on February 20 and 21, 2021 to review bilateral ties and development cooperation.
  • During this visit, Mr. S Jaishankar handed over 1 lakh additional doses of the made-in-India COVID-19 vaccine to the Maldives. With this, the total Covid vaccine doses gifted by India for the Maldives reaches to two lakh. 
  • Jaishankar also offered a $40-million line of credit (LoC) to support the development of sports infrastructure in Maldives.
  • Apart from this, five pacts were signed between India and Maldives to boost infrastructure in the island nation. They included:
  1. Amendatory Agreement to repurpose an older EXIM Bank of India Line of Credit of USD 25 million for Road Devt
  2. Letter of Intent between EXIM Bank and local authorities for financing a housing project of 2000 units in Hulhumale.
  3. MoU on grant funding USD 0.5 million for a fish processing plant in Kendhikulhudhoo in the northern Maldives.
  4. MoU on capacity building and exchange of content and expertise between Prasar Bharati and Public State Media, Maldives.
  5. MoU on sustainable urban development between MoHUA and Ministry of national planning, housing and infrastructure, Maldives.
छोटे Courses बड़े Results
Master International Affairs
Prepare through Micro-courses
Try Now

By: Rohit Middha
ProfileResources

Let's Discuss

Master
International Affairs
With abhipedia
Micro Courses
Try Now
What our students have to say
Review on us
Download Abhipedia Android App

Access to prime resources

Downlod from playstore
download android app download android app for free