Delhi, 26 July (H.S.): The Maldives will commemorate its 60th independence anniversary on Saturday , with Prime Minister Narendra Modi attending as the 'Guest of Honour.' His visit is intended to strengthen bilateral and defense ties between India and the Maldives. Upon arrival in Malé on Friday, PM Modi received a ceremonial welcome, which included a Guard of Honour and a 21-gun salute at Republic Square. Accompanied by Maldivian President Mohamed Muizzu, the event featured national anthems and a dance performance by children, with PM Modi's portrait prominently displayed on the Ministry of Defence building, illustrating the significance of the occasion.

During a joint press conference, President Muizzu announced the start of negotiations for a Free Trade Agreement (IMFTA) between the two nations, highlighting a commitment to enhance bilateral relations. PM Modi and President Muizzu held extensive discussions centered on cooperation in trade, defense, and infrastructure, marking a positive shift in relations after earlier tensions.

India has extended a Line of Credit (LoC) of ₹4,850 crores to the Maldives while also reducing the debt repayment obligations related to government-funded LoCs. Both leaders expressed intent to finalize a bilateral investment treaty, reinforcing India's position as a trusted ally. PM Modi emphasized that friendship is essential in the India-Maldives relationship, which has historical roots over 60 years, represented through commemorative stamps featuring traditional boats.

PM Modi reiterated India's commitment to bolster Maldives' defense capabilities and announced a substantial $565 million line of credit for infrastructure and development projects. He proposed initiating a Free Trade Agreement and working on a bilateral investment treaty, aiming for economic prosperity. The establishment of a local currency settlement system for direct trade between the Indian Rupee and Maldivian Rufiyaa was introduced to enhance economic connections.

The Prime Minister remarked on the momentum of the Unified Payments Interface (UPI) in the Maldives, predicting benefits for tourism and retail sectors due to improved financial connections. He underscored the depth of India-Maldives relations, describing their friendship as deeply rooted and historic.

The day concluded with PM Modi receiving a traditional respect gesture from the Maldives National Defence Force, reinforcing the cooperation foundation between the two nations. PM Modi's visit was seen as a significant step in reaffirming and revitalizing ties, paving the way for future collaboration.

A commemorative stamp celebrating 60 years of diplomatic ties was launched, showcasing 'Uru' from Kerala and 'Vadhu Dhoni' from the Maldives, symbolizing their maritime connection. In a post on X, PM Modi highlighted fruitful discussions with President Muizzu, stating the Maldives lies at the heart of India's 'Neighbourhood First' and Mahasagar Vision.

Inauguration of the new Ministry of Defence building in Malé showcased strong collaboration, with both leaders acknowledging climate change challenges and committing to sustainability efforts. Together, they planted saplings under the ‘Ek Ped Maa Ke Naam’ initiative, supporting the Maldives Government's goal of planting 5 million trees. PM Modi stressed their shared understanding of environmental challenges.

President Muizzu honored PM Modi during a formal banquet, congratulating him on becoming India's second-longest-serving PM with 4,078 consecutive days in office. This milestone was acknowledged as a sign of Mr. Modi's dedication to public service and India’s progress. The ceremony reflected goodwill between the two nations and reinforced their strong ties.

PM Modi’s visit, following his recent trip to the UK, was a gracious invitation from President Muizzu, symbolizing enduring diplomatic relations. The event marked the historical acknowledgment of Maldives' independence by India in 1965 and provided an opportunity to reframe bilateral relations, emphasizing mutual interests in the Indian Ocean region. Modi's presence at this significant celebration underscores India’s support for regional stability, maritime cooperation, and cultural exchange.

Moreover, PM Modi surpassed former PM Indira Gandhi's tenure, further solidifying his leadership in India's political landscape. The visit is a testament to the cooperative spirit between India and Maldives and its future potential.

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Hindusthan Samachar / Jun Sarkar