Prime Minister Modi concludes two-day state visit to Maldives

Jul 26, 2025, 2:48 PM
Narendra Modi. -- Photo: President's Office

Narendra Modi. -- Photo: President's Office

Indian Prime Minister Narendra Modi has departed from the Maldives after concluding his two-day state visit.

President Mohamed Muizzu welcomes Modi at Velana International Airport (VIA) on Friday morning. He also received a 21-gun salute in Male' on Friday evening.

Speaking after official talks between the two countries at the President's Office, Modi said India would always provide assistance to the Maldives.

A total of eight agreements, including a Free Trade Agreement (FTA) and a USD 565 million (MVR 8.7 billion) Line of Credit (LOC) for development projects, were signed after the talks.

Modi also held separate meetings with leaders from the main opposition Maldivian Democratic Party (MDP) and former President Mohamed Nasheed, along with leaders of other political parties.

On Saturday evening, he attended celebrations at the Republic Square to mark the 60th Independence Day of the Maldives.

This is Modi's third visit to the Maldives. He previously visited the country in 2018 and 2019.

Comments

Read More

Latest News

Priority should be sale of assets to generate immediate liquidity

Former President Mohamed Nasheed urged the Maldives to prioritize selling assets for immediate liquidity rather than long-term projects like the $20 billion Rasmalé development. He argued the UAE-backed waterfront deal will not provide the urgent cash flow needed to resolve the nation's current financial crisis.

Police seek charges against six men for assaulting officers

Maldives Police are seeking charges against six men for assaulting officers during a drug search in Maafushi. Five suspects remain in custody, while one was released by the court. Authorities have also appealed the release of a seventh individual involved in the August incident.

No tax concessions for UAE developer in Rasmale' project

The Maldives government awarded the $20 billion Rasmalé project to UAE developer Eagle Hills without tax concessions or exemptions. All business activities will follow national tax laws, with payments processed through local banks. The state expects over $11 billion in revenue from sales fees and commercial revenue sharing.

No details on size and value of land given to Dubai company

The Maldives government signed a $20 billion deal with Dubai’s Eagle Hills to develop a massive integrated zone in Rasmalé. While the project promises 54,000 jobs and housing, officials have withheld specific details regarding the land size, valuation, and lease terms. The area is expected to operate as a special economic township.

Rasmale' investor to build 5,000 housing units in Hulhumale'

The Maldivian government has partnered with UAE-based Eagle Hills to build 5,000 housing units in Hulhumalé using a contractor financing model. This agreement follows a massive $20 billion deal for the firm to develop Rasmalé. The project will feature luxury residences and a world-class marina without impacting existing housing plans.

AMFA concludes first Junior Lifeguard Program

The Australia Maldives Friendship Association successfully completed its first Junior Lifeguard Program pilot in Thulusdhoo and Fuvahmulah. The initiative trained youth in water safety and rescue skills to enhance maritime security. AMFA plans to expand the program across the Maldives by 2027 through partnerships with local councils.

Project to build international bowling arena in Hulhumale'

A private company has been awarded a MVR 20 million project to build the Maldives' first international-standard bowling arena in Hulhumale'. The two-story facility aims to host global competitions, though the direct award process lacks an official statement. This project is part of a broader plan to develop world-class sports infrastructure.

Newsletter

Get the latest news delivered straight to your inbox