India approves currency swap deal, will start FTA talks with Maldives

President Muizzu meets Prime Minister Modi, seeks to repair strained ties

20241007 Modi Muizzu

Maldivian President Mohamed Muizzu, left, shakes hands with Indian Prime Minister Narendra Modi at Hyderabad House in New Delhi on Oct. 7. © Reuters

KIRAN SHARMA, Nikkei staff writer and MARWAAN MACAN-MARKAR, Asia regional correspondent

NEW DELHI/COLOMBO -- India scaled up its development assistance to the Maldives after their respective leaders held talks in New Delhi on Monday, aiming to repair strained ties after the Maldivian President came to power on an "India out" campaign last year.

"Development partnership is an important pillar of our relationship," Indian Prime Minister Narendra Modi said after holding talks with Maldivian President Mohamed Muizzu, who arrived in the Indian capital on Sunday on a five-day state visit. 

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