World News

Minister Moosa Zameer of the Maldives thanked India for the decision to send basic supplies to the island nation for the 2024–2025 fiscal year. Union minister S Jaishankar reaffirmed New Delhi’s dedication to its SAGAR and neighbourhood first policies.

According to Zameer, India’s move shows the two nations’ enduring relationship and their steadfast commitment to advancing bilateral trade and commerce.

Zameer posted on X, saying, “I sincerely thank the Indian government and EAM @DrSJaishankar for renewing the quota, which will allow the Maldives to import necessary goods from India in 2024 and 2025.” This is a very meaningful gesture that expresses the long-standing friendship and the firm resolve to increase bilateral trade and

“You are welcome, FM @MoosaZameer,” replied External Affairs Minister (EAM) Jaishankar in response to the Maldives Minister of Foreign Affairs’ post on X. India is steadfastly devoted to its SAGAR and Neighbourhood First policies.”

The management of ties in India is guided by the ‘Neighbourhood First policy’.

Having nations in its close proximity, such as Afghanistan, Bangladesh, Bhutan,

Sri Lanka, Pakistan, Nepal, Myanmar, and the Maldives. The initiative aims to increase trade and commerce in the region by improving physical, digital, and people-to-people connectivity.

The Indian High Commission in the Maldives announced on Thursday that the quotas for all of these commodities have been increased in a post on X.

“Upon the request of the Government of Maldives, the Government of India has allowed for export of certain quantities of essential commodities for the year 2024-25 under a unique bilateral mechanism, wherein, the quotas for each of these items have been revised upwards,” the Indian High Commission in the Maldives announced on X.

Notably, since this system went into operation in 1981, the authorised quantities are the greatest.The allocation for stone aggregates and river sand—two essential commodities for the Maldives’ rapidly expanding construction sector—has been raised by 25% to 1,000,000 metric tonnes.

The quotas for eggs, potatoes, onions, sugar, rice, wheat flour, and dal (pulses) have also increased by 5%. Additionally, in the previous year, India

The Indian High Commission in the Maldives released a statement that said, “India remains strongly committed to supporting human-centric development in the Maldives, as part of its ‘Neighbourhood First’ policy.”

Notably, since Maldivian President Mohamed Muizzu took office, relations between India and the Maldives have deteriorated. During and after the presidential election, he denounced India, and his government formally asked India to remove its soldiers from Male.

But according to local media, in March Muizzu asked New Delhi for debt relief measures, adding that India would remain the Maldives’ “closest ally.” He said he had “not taken any action nor made any statements” that could sour relations between the two nations.

Muizzu stated in an interview with the local publication “Mihaaru”

“Due to the circumstances we inherited, significant loans have been obtained from India. As a result, we are having talks to investigate offering these loans some leeway in terms of payback. Continue working quickly on any ongoing initiatives rather than stopping them. Thus, I don’t see any cause for any negative effects [on relations between India and the Maldives],” he stated.

Related Posts