Prime Minister Narendra Modi on Friday said that India will continuously cooperate in developing defence capabilities of Maldives and peace, stability and prosperity in Indian Ocean is a common goal of the two countries.
Misri, while addressing a special briefing by the Ministry of External Affairs on Prime Minister's visit to Maldives said that Muizzu reiterated the importance Maldives attaches to security-related issues and expressed commitment to work together.
As PM Modi arrived at the venue, he was greeted by enthusiastic crowds chanting "Narendra Modi Zindabad" and holding banners that read -- "Honouring Enduring Partnership - Welcome, Prime Minister Modi."
Foreign Secretary Vikram Misri, addressing a press briefing, said that this will be the first line of credit extended to the Maldives denominated in Indian rupees, replacing the earlier dollar-denominated credit.
Muizzu said, "I am also pleased to announce the initiation of negotiations for a free trade agreement between India and Maldives. This landmark initiative marks a significant step forward in strengthening our economic partnership."
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The Maldivian President's Office on Friday said that Prime Minister Narendra Modi was escorted to the President's Office in a cultural procession accompanied by the MNDF Drum and Trumpet Band.
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 receptio
Amid a letter from Rani Kapur -- wife of Sona Comstar's founder Surinder Kapur and mother of its late chairman Sunjay Kapur -- opposing the Annual General Meeting (AGM), the company went ahead with the AGM on Friday.