Home FEATURED NEWS After forcing Indian navy personnel out, Muizzu seeks debt aid from Delhi

After forcing Indian navy personnel out, Muizzu seeks debt aid from Delhi

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MALE: After his anti-India rhetoric, pro-China Maldives President Mohamed Muizzu has stated India will proceed to stay his nation’s “closest ally” and urged New Delhi to supply debt aid to the archipelago nation.

Maldives owed roughly $400.9 million to India by the tip of final 12 months.

Ever since he took oath as president final November, Muizzu has pursued a hardline stand in direction of India and made Indian navy personnel working three aviation platforms depart the nation.

On Thursday, in his first interview with the native media since assuming workplace, Muizzu stated India was instrumental in offering assist to the Maldives and has carried out the “greatest number” of initiatives. India would proceed to stay Maldives’ closest ally, he stated and emphasised that there was no query about it.

Maldives’ proximity to India, barely 70 nautical miles from the island of Minicoy in Lakshadweep and round 300 nautical miles from the mainland’s western coast, and its location on the hub of business sea lanes working by means of the Indian Ocean Region provides it important strategic significance.

Muizzu urged India to accommodate debt aid measures in compensation of “the hefty loans taken over consecutive governments”. He stated the loans taken from India had been heftier than may very well be borne by the Maldivian financial system. “Hence, we are holding discussions to explore leniency in the repayment structure of these loans.” His feedback come forward of the parliament elections in Maldives slated in mid-April.

Muizzu, who expressed hope that India would “facilitate debt relief measures in the repayment of these loans”, additionally stated that he has conveyed his appreciation to the Indian authorities for its contributions.

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“The only matter of contention” with New Delhi was the presence of Indian navy, he stated. “Even if they were troops of some other country, we would have dealt with them in the same manner. I have said so very clearly. It is nothing personal, but a matter of our national security,” Muizzu added. pti

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